Oil in Sudden U-Turn After Trump Touts Production Cuts By Investing.com

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© Reuters. By Barani Krishnan  Investing.com – Can Donald Trump achieve what OPEC itself couldn’t? The U.S. president’s tweets on Thursday that he expected Saudi Arabia and Russia to resume production cuts helped a market battered on demand destruction and a supply gut to close up 25%. But some market followers disputed his numbers, while...

Healthy Gulf Blog

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In these trying times, we’re thinking about all the Gulf residents and people around the world who are suffering due the Covid-19 virus and associated economic disaster. Here in the Gulf region, we’re no strangers to disasters, from hurricanes to flooding to oil spills and industrial explosions. While this one feels unique because it’s literally...

Surprise plans for a gas pipeline to connect Beetaloo to Darwin | Katherine Times | Katherine, NT

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news, local-news, news, fracking, katherine, gas, onshore gas, northern territory Details of a pipeline to bring onshore gas from the Beetaloo Basin to Darwin were disclosed today. For many, the proposed pipeline is the missing piece of the puzzle needed for the establishment of an onshore gas industry in the NT. The NT Government has...

Renewable Energy Gets Major Boost in New York State Budget

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Thanks to the leadership of Governor Cuomo and lawmakers—even in the midst of the ongoing health crisis—renewable energy is getting a critical boost as part of New York State’s Fiscal Year ‘21 Budget. The Accelerated Renewable Energy Growth & Community Benefit Act will streamline the processes for building renewable energy projects across the state and...

Oil Prices Are Cratering. That’s Not a Good Thing.

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Photo: Michael Cooper/PA Images via Getty Images We’re committed to keeping our readers informed. We’ve removed our paywall from essential coronavirus news stories. Become a subscriber to support our journalists. Subscribe now. My usual view on oil prices is that they don’t matter very much for the U.S. economy. The U.S. produces about as much crude...

Coronavirus: Gas-price plunge is not a good economic sign – Business – The Ledger – Lakeland, FL

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Normally low gasoline price stimulate the economy, but that’s not expected in the current market as COVID-19 and international factors depress the local, national and world economies. This content is being provided for free as a public service to our readers during the coronavirus outbreak. Please support local journalism by subscribing to theledger.com at https://www.theledger.com/subscribenow....

Who’ll play the Dan Patrick Hunger Games? Really?

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For better or much worse, when its Legislature is in session, Texas’ lieutenant governor is arguably the most powerful state official — able to railroad or kill any bill. Right now, however, Texas Lt. Gov. Dan Patrick is but a clanging cymbal. The cymbal-ic imagery comes to us from I Corinthians and the line about...

THE WORLD AHEAD- FINANCE, COMMERCE AND VEDIC ASTROLOGY – PART 2 – Applied Vedic Astrology

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EYE ON THE SKY: FINANCIAL ASTROLOGY There is more fear in the air than we have experienced in a long time. Our cycle work suggests that things will get back to normal by late June at the latest when Pluto and Jupiter go back into Sagittarius and that we will have a recovery bounce into...

The playbook for getting public money out of private prisons and other moral hazards – Sonoma Sun | Sonoma, CA

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The playbook for getting public money out of private prisons and other moral hazards Posted on April 1, 2020 by Sonoma Valley Sun By Chris Petlock There is a movement across the country asking government agencies to adopt policies that divest public funds (our tax dollars) from financial services companies that engage in predatory lending practices....

Industry Infighting as Oil and Gas Seek Government Help

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The $2 trillion stimulus bill that the U.S. Congress rushed to pass in order to respond to millions of job losses provided a once-in-a-generation opportunity for corporate lobbying. The oil and gas industry has been no exception, but some of the proposed initiatives are dividing the industry. Crude oil prices went into a freefall in early...

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