Present Trends Will Accelerate
The USA will be the world's largest energy exporter by the end of the decade.
Food prices will continue to climb and farmers will grow rich.
The exodus out of the high-tax big -union states will turn into a flood-- California, Illinois, New York.
The Oil Patch & Farm Belt Will Prosper
Started by
stocks
, Oct 27 2012 09:52 AM
17 replies to this topic
#1
stocks
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Posted 27 October 2012 - 09:52 AM
-- -
Defenders of the status quo are always stronger than reformers seeking change,
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.
Defenders of the status quo are always stronger than reformers seeking change,
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.
#2
stocks
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Posted 31 October 2012 - 09:26 AM
Shale Oil and Gas Saves the USA, While Europe Sucks its Thumb
The wonders of US shale gas continue to amaze. We receive fresh evidence by the day that swathes of American industry have acquired a massive and lasting advantage in energy costs over global rivals, demolishing assumptions about US economic decline.
Royal Dutch Shell is planning an ethane plant in the once-decaying steel valley of Beaver County, near Pittsburgh. Dow Chemical is shutting operations in Belgium, Holland, Spain, the UK, and Japan, but pouring money into a propylene venture in Texas where natural gas prices are a fraction of world levels and likely to remain so for the life-cycle of Dow's investments.
Some fifty new projects have been unveiled in the US petrochemical industry. A $30bn investment blitz in underway in ethelyne and fetilizer plants alone.
A study by the American Chemistry Council said the shale gas bonanza has reversed the fortunes of the chemical, plastics, aluminium, iron and steel, rubber, coated metals, and glass industries. "This was virtually unthinkable five years ago," said the body’s president, Cal Dooley.
This is happening just as other clusters of manufacturing - machinery, electrical products, transport equipment, furniture, etc - are "re-shoring" back from from China to the US. A 16pc annual rise in Chinese wages over the last decade has changed the game. PricewaterhouseCoopers calls it the "Homecoming".
The revival of the chemical industry is a spin-off from the greater drama of America’s energy rebound, though a very big one. As many readers will have seen, the US energy department said last week that the country will produce 11.4m barrels a day (b/d) of oil, biofuels, and liquid hydrocarbons next year, almost as much as Saudi Arabia.
http://www.telegraph...resurgence.html
The wonders of US shale gas continue to amaze. We receive fresh evidence by the day that swathes of American industry have acquired a massive and lasting advantage in energy costs over global rivals, demolishing assumptions about US economic decline.
Royal Dutch Shell is planning an ethane plant in the once-decaying steel valley of Beaver County, near Pittsburgh. Dow Chemical is shutting operations in Belgium, Holland, Spain, the UK, and Japan, but pouring money into a propylene venture in Texas where natural gas prices are a fraction of world levels and likely to remain so for the life-cycle of Dow's investments.
Some fifty new projects have been unveiled in the US petrochemical industry. A $30bn investment blitz in underway in ethelyne and fetilizer plants alone.
A study by the American Chemistry Council said the shale gas bonanza has reversed the fortunes of the chemical, plastics, aluminium, iron and steel, rubber, coated metals, and glass industries. "This was virtually unthinkable five years ago," said the body’s president, Cal Dooley.
This is happening just as other clusters of manufacturing - machinery, electrical products, transport equipment, furniture, etc - are "re-shoring" back from from China to the US. A 16pc annual rise in Chinese wages over the last decade has changed the game. PricewaterhouseCoopers calls it the "Homecoming".
The revival of the chemical industry is a spin-off from the greater drama of America’s energy rebound, though a very big one. As many readers will have seen, the US energy department said last week that the country will produce 11.4m barrels a day (b/d) of oil, biofuels, and liquid hydrocarbons next year, almost as much as Saudi Arabia.
http://www.telegraph...resurgence.html
Edited by stocks, 31 October 2012 - 09:32 AM.
-- -
Defenders of the status quo are always stronger than reformers seeking change,
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.
Defenders of the status quo are always stronger than reformers seeking change,
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.
#3
voltaire
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Posted 01 November 2012 - 03:43 AM
Present Trends Will Accelerate
The USA will be the world's largest energy exporter by the end of the decade.
Food prices will continue to climb and farmers will grow rich.
The exodus out of the high-tax big -union states will turn into a flood-- California, Illinois, New York.
The idea of states cutting taxes is a "beggar thy neighbour" tactic.
Yes in the short run business will gravitate to the low tax environment BUT they are still in the US.
Eventually tax havens result in a losing proposition as the low tax environment fails to generate enough revenue.
By then every state is bankrupt.
Stupidity is as stupidity does.
#4
voltaire
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Posted 01 November 2012 - 03:51 AM
Present Trends Will Accelerate
The USA will be the world's largest energy exporter by the end of the decade.
Food prices will continue to climb and farmers will grow rich.
The exodus out of the high-tax big -union states will turn into a flood-- California, Illinois, New York.
"Food prices will continue to climb and farmers will grow rich."
Why then does the US have subsidies for farmers?
Why do they pay them NOT to grow crops.
US subsidies for farmers is a disgrace.
The US complains about Chinese imports but its own machinations are inexcusable.
Who is the worlds greatest currency manipulator?
The US with its FED leading the way, driving down the USD to gain advantage.
#5
stocks
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Posted 01 November 2012 - 06:51 PM
California Dreaming
21st century elite liberalism has become a psychological condition, not a serious blueprint on how to solve real problems.
Did California’s redistributive elite really believe that they could all but shut down new gas and oil production, strangle the timber industry, idle irrigated farmland, divert water to the delta smelt, have 37 million people use a highway system designed for 15 million, allow millions of illegal aliens to enter the state without audit, extend free medical programs to 8 million of the most recent 11 million added to the population, up taxes to among the highest in the nation, and host one-third of the nation’s welfare recipients — and not have the present chaos?
The California schools — flooded with students whose first language is not English, staffed by unionized teachers not subject to the consequences of subpar teaching, and plagued with politicized curricula that do not emphasize math, science, and reading and writing comprehension — scarcely rate above those in Mississippi and Alabama. Did liberals, who wanted unions, a new curriculum, and open borders, believe it was good for the state to have a future generation — that will build our power plants, fly our airliners, teach our children, and take out our tumors — that is at the near-bottom in national test scores?
Did liberals (and their hand-in-glove employer supporters who wished for cheap labor) think that letting in millions from Central Mexico, most without legality, English, or a high school education (and in some sense at the expense of thousands waiting in line for legal admission with capital, advanced degrees, and technological expertise), was not problematic and that soaring costs in law enforcement, the criminal justice system, the schools, and the health care industries were irrelevant?
http://pjmedia.com/v...singlepage=true
21st century elite liberalism has become a psychological condition, not a serious blueprint on how to solve real problems.
Did California’s redistributive elite really believe that they could all but shut down new gas and oil production, strangle the timber industry, idle irrigated farmland, divert water to the delta smelt, have 37 million people use a highway system designed for 15 million, allow millions of illegal aliens to enter the state without audit, extend free medical programs to 8 million of the most recent 11 million added to the population, up taxes to among the highest in the nation, and host one-third of the nation’s welfare recipients — and not have the present chaos?
The California schools — flooded with students whose first language is not English, staffed by unionized teachers not subject to the consequences of subpar teaching, and plagued with politicized curricula that do not emphasize math, science, and reading and writing comprehension — scarcely rate above those in Mississippi and Alabama. Did liberals, who wanted unions, a new curriculum, and open borders, believe it was good for the state to have a future generation — that will build our power plants, fly our airliners, teach our children, and take out our tumors — that is at the near-bottom in national test scores?
Did liberals (and their hand-in-glove employer supporters who wished for cheap labor) think that letting in millions from Central Mexico, most without legality, English, or a high school education (and in some sense at the expense of thousands waiting in line for legal admission with capital, advanced degrees, and technological expertise), was not problematic and that soaring costs in law enforcement, the criminal justice system, the schools, and the health care industries were irrelevant?
http://pjmedia.com/v...singlepage=true
-- -
Defenders of the status quo are always stronger than reformers seeking change,
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.
Defenders of the status quo are always stronger than reformers seeking change,
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.
#6
stocks
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Posted 13 November 2012 - 09:44 AM
Jimmy Carter (the Synfuels president) April 18, 1977:
The oil and natural gas we rely on for 75 percent of our energy are running out.
Because we are now running out of gas and oil, we must prepare quickly for a third change, to strict conservation and to the use of coal and permanent renewable energy sources, like solar power.
November 13, 2012:
It is official. The US will overtake Saudi Arabia to become the world's top oil producer by 2017.
The International Energy Agency (IEA) said in its world outlook for 2012 this morning that the US will be a net exporter of gas by 2020, with all the vast implications of abundant cheap gas for its chemical, plastics, glass, and steel industries.
"The United States, which currently imports around 20 per cent of its total energy needs, becomes all but self-sufficient in net terms – a dramatic reversal of the trend seen in most other energy importing countries," it said.
http://blogs.telegra...water-runs-dry/
The oil and natural gas we rely on for 75 percent of our energy are running out.
Because we are now running out of gas and oil, we must prepare quickly for a third change, to strict conservation and to the use of coal and permanent renewable energy sources, like solar power.
November 13, 2012:
It is official. The US will overtake Saudi Arabia to become the world's top oil producer by 2017.
The International Energy Agency (IEA) said in its world outlook for 2012 this morning that the US will be a net exporter of gas by 2020, with all the vast implications of abundant cheap gas for its chemical, plastics, glass, and steel industries.
"The United States, which currently imports around 20 per cent of its total energy needs, becomes all but self-sufficient in net terms – a dramatic reversal of the trend seen in most other energy importing countries," it said.
http://blogs.telegra...water-runs-dry/
-- -
Defenders of the status quo are always stronger than reformers seeking change,
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.
Defenders of the status quo are always stronger than reformers seeking change,
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.
#7
voltaire
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Posted 15 November 2012 - 05:55 AM
Here, studies are finding that gas is leaking out of the ground and water at 3 times normal levels where drilling is occuring.
That means fracking and shale type production is a worse environmental problem than oil.
This will only increase CO2 emmissions.
Yes, I know to some that means nothing.
#8
stocks
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Posted 20 November 2012 - 08:21 AM
California poverty rate now highest in the nation
The Sacramento Bee attributes it to the state’s high cost of living.
The Golden State’s poverty rate is a whopping 23.5 percent – higher than the District of Columbia, at 23.2 percent, and even Florida, and 19.5 percent.
California’s shockingly high number came after the Census Bureau changed how it measures its data.
Read more: http://www.dailymail...l#ixzz2ClhsPJLm
Follow us: @MailOnline on Twitter | DailyMail on Facebook
The Sacramento Bee attributes it to the state’s high cost of living.
The Golden State’s poverty rate is a whopping 23.5 percent – higher than the District of Columbia, at 23.2 percent, and even Florida, and 19.5 percent.
California’s shockingly high number came after the Census Bureau changed how it measures its data.
Read more: http://www.dailymail...l#ixzz2ClhsPJLm
Follow us: @MailOnline on Twitter | DailyMail on Facebook
Edited by stocks, 20 November 2012 - 08:24 AM.
-- -
Defenders of the status quo are always stronger than reformers seeking change,
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.
Defenders of the status quo are always stronger than reformers seeking change,
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.
#9
stocks
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Posted 21 November 2012 - 10:31 AM
G@d Bless Texas
Since the recession ended in June 2009, the U.S. economy has added 3,252,000 payroll jobs, and 601,800 of those jobs have been created in just one state – Texas. With only a little more than 8% of the U.S. population, Texas has created 18.5% of the nation’s payroll jobs since June 2009.
http://www.aei-ideas...e-day/#comments
Since the recession ended in June 2009, the U.S. economy has added 3,252,000 payroll jobs, and 601,800 of those jobs have been created in just one state – Texas. With only a little more than 8% of the U.S. population, Texas has created 18.5% of the nation’s payroll jobs since June 2009.
http://www.aei-ideas...e-day/#comments
-- -
Defenders of the status quo are always stronger than reformers seeking change,
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.
Defenders of the status quo are always stronger than reformers seeking change,
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.
#10
stocks
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Posted 27 November 2012 - 06:56 AM
Do You Live In A Death Spiral State?
Eleven states make our list of danger spots for investors. They can look forward to a rising tax burden, deteriorating state finances and an exodus of employers. The list includes California, New York, Illinois and Ohio, along with some smaller states like New Mexico and Hawaii.
Two factors determine whether a state makes this elite list of fiscal hellholes. The first is whether it has more takers than makers. A taker is someone who draws money from the government, as an employee, pensioner or welfare recipient. A maker is someone gainfully employed in the private sector.
The second element in the death spiral list is a scorecard of state credit-worthiness
It’s easy to see how California got on our list. It has pampered a large army of civil servants while using every imaginable trick to chase private-sector jobs away, the latest being a quixotic scheme to reduce the globe’s atmospheric carbon.
Illinois is especially known for its dishonesty, whether among officeholders (future license plate motto: Land of Corruption) or in the habit of under-accounting for promises to government employees. The Rauh study counted $66 billion in the till to cover pension obligations of $233 billion.
http://www.forbes.co...h-spiral-state/
Eleven states make our list of danger spots for investors. They can look forward to a rising tax burden, deteriorating state finances and an exodus of employers. The list includes California, New York, Illinois and Ohio, along with some smaller states like New Mexico and Hawaii.
Two factors determine whether a state makes this elite list of fiscal hellholes. The first is whether it has more takers than makers. A taker is someone who draws money from the government, as an employee, pensioner or welfare recipient. A maker is someone gainfully employed in the private sector.
The second element in the death spiral list is a scorecard of state credit-worthiness
It’s easy to see how California got on our list. It has pampered a large army of civil servants while using every imaginable trick to chase private-sector jobs away, the latest being a quixotic scheme to reduce the globe’s atmospheric carbon.
Illinois is especially known for its dishonesty, whether among officeholders (future license plate motto: Land of Corruption) or in the habit of under-accounting for promises to government employees. The Rauh study counted $66 billion in the till to cover pension obligations of $233 billion.
http://www.forbes.co...h-spiral-state/
-- -
Defenders of the status quo are always stronger than reformers seeking change,
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.
Defenders of the status quo are always stronger than reformers seeking change,
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.
