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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?


To: richardred who wrote (4543)2/26/2020 10:37:08 AM
From: elmatador1 Recommendation

Recommended By
richardred

  Read Replies (2) | Respond to of 13801
 
The virus’s destructive potential has overshadowed one encouraging aspect of this outbreak: So far, about 82% of the cases — including all 14 in the United States — have been mild, with symptoms that require little or no medical intervention. And that proportion may be an undercount.


“Health authorities managing the outbreak are trying to understand what that critical fact portends. Are the 60,000 sick people tallied so far just a portion of a vast reservoir of uncounted victims, some of whom may be spreading the disease? And do the mild illnesses reveal characteristics of the virus itself — something that could be useful in crafting a more effective response?”

But this is not a saner world, and if you’re hopeful for a pandemic, then you don’t really care about the facts.

westernjournal.com







To: richardred who wrote (4543)3/5/2020 5:21:42 AM
From: elmatador  Respond to of 13801
 
some presidential candidates have proposed to ban federal leasing and fracking on public and private lands.

Frack Ban Would Cost Up To 7.5MM Jobs in 2022
by Andreas Exarheas
|
Rigzone Staff
|
Tuesday, March 03, 2020

Banning federal leasing and fracking on public and private lands would cost up to 7.5 million American jobs in 2022 alone, according to a new economic analysis.

Banning federal leasing and fracking on public and private lands would cost up to 7.5 million American jobs in 2022 alone, lead to a cumulative GDP loss of $7.1 trillion by 2030 and cut household incomes by $5,400 annually.

That’s according to a new economic analysis released by the American Petroleum Institute (API), which was conducted by economic modeling firm OnLocation, Inc. The study projected that states with the highest job losses if a fracking ban is enacted include Texas, California, Florida, Pennsylvania and Ohio.

In a statement posted on the API’s website recently, the API highlighted that some presidential candidates have proposed to ban federal leasing and fracking on public and private lands.

“If I told you about a technology that would help the environment, that would help American consumers, would reduce our trade deficit and increase American jobs, I think most politicians would jump on that, not try to ban it,” API President and CEO Mike Sommers said in an organization statement.

“American families should be shocked to hear proposals from candidates for high office that would ban this transformative technology, which would erase a generation of American progress and return us to the days of heavy reliance on foreign energy,” he added.

Lessly Goudarzi, founder and CEO of OnLocation, Inc, said, “You can’t eliminate the very technology that has enabled the American energy revolution without damaging economic consequences”.

More than 95 percent of U.S. natural gas and oil wells today are developed using hydraulic fracturing, according to the API. The API represents all segments of America’s oil and natural gas industry and has more than 600 members, its website shows.

Last month, the API stated before a Democratic presidential debate that a fracking ban would cost millions of jobs, although a specific number was not given.

OnLocation describes itself as an independent analysis firm. Its study was developed based on the U.S. Energy Information Administration’s National Energy Modeling System.

To contact the author, email andreas.exarheas@rigzone.com