he isn't just selling it down, he is entering into long dated contracts so the deepwater drillers will invest the capital required to develop all those leases they bought. This keeps the domestic drilling industry active and uses our resources to help dampen the spike in energy prices
So, the Biden Administration is micromanaging Big Oil and they are going along? Is there any proof, contracts let, that this is going on in actual practice? Ole Joe's executive order expires the end of September. Is he going to announce a perpetual release and refill of the SPR? Why would Big Oil go along with this program? It only amounts to 9 days worth of US oil needed on an annual basis. It's clear more than 20,000 workers have been added since the first of the year. I don't know what exactly is happening, but the market doesn't need the federal government micromanaging gas and oil production and I'm not convinced Big Oil is going along with this scheme. Something more is at play here.
Nobody jumped to see how many of the 528,000 jobs were full or part time. I'm reading from conservative sites that 303,000 are part time and another number are people actually taking second jobs to make ends meet. What say you liberals here who have the ability to drill down on the report? Also, the participation rate went down .1%. This report seems strange altogether.
Do you know what I find annoying? I can't walk into a Walmart without having a damn sea of sound hitting me with "Welcome to Walmart!" I realize they want to set up a pleasant shopping experience, but hiring 200 greeters for each store is a bit much. Besides, they take up all the parking. No wait, they take up all the bus seats, since they can't afford to buy an auto. And don't even THINK about using the bathrooms. I damn well know how to wipe myself and use the soap dispenser. And staring at me while I do my thing is quite intimidating. I know the 10 attendants don't have much to do, but they don't have to swarm me like used-car salesmen in a recession. Perhaps, the "jobs" analytics are a bit, um, creative until we get into the details. And yes, no one is immune to the use of the tool. In fact, I think there are now FOUR levels of "creativity": lies, damn lies, statistics and JOBS reports. They could no longer stand to lump mere statistics in with the jobs reports. It takes a different level of creativity.
Just because you read posts on right wing sites and run here without researching doesn’t mean we have to educate you. But I feel sorry for you. Record full time employment. Employed, Usually Work Full Time
Is this a strawman? Who went out on a limb in '20 and '21 and said deficit spending wouldn't cause inflation? Give me some examples, please. Did our deficit spending also cause the current worldwide inflation?
LOL…. Nice try, but $13,900 spread over 30 months for 5 people is about $20 a week per person…. You can do this math yourself, you know, before you post more dumb stuff.
I believe that is your quote I was using...when Trump was espousing the "Level 4 Creativity" a couple of years ago. Maybe it has an expiration date, so it does not have any validity after, say January 20, 2020.
Opps… I just assumed he could do basic math when I quoted him above, I should have know better and checked.
Yes, plus $2,500 per qualifying child. 2 Parents = $6,400 3 Children =$7,500 See, that's not so hard.
Overview of the three rounds of family stimulus: CARES Act - Wikipedia Consolidated Appropriations Act, 2021 - Wikipedia American Rescue Plan Act of 2021 - Wikipedia
This is far from micromanaging, just the opposite. Youre just too team oriented to acknowledge it. Column: White House uses oil reserve to place a giant spread trade The White House has stated that it intends to refill the SPR in future years – when prices are likely to be lower than they are currently. Assuming the promise is kept, the ideal time to refill the reserve will be during the next oil market downturn, when the SPR would not be competing against consumers for scarce barrels, purchases could help prop up prices and support domestic producers. If that proves to be the case, the SPR will have become a de facto price-risk manager.
And the Fed should have slowly increased rates in the 20-teens as we emerged from the Great Recession too.
High housing prices can be directly attributed to the artificially low rates sponsored by big Gov . Needed some return to normalcy. Need a bigger manufacturing base so we aren’t dependent on housing as the engine. More jobs = bad is one crazy indicator. What is the total number in workforce vs pre covid?