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Positive news for America from President Biden and the Democrats

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fubah2

Legend

Joined: Aug, 2012

Posts: 54127

Posted: Jan. 3, 2024 - 3:03 PM ET #1801

Quote Originally Posted by fubah2:

Quote Originally Posted by fubah2: (Reuters) - The United States has finalized contracts to purchase three million barrels of oil to help replenish the Strategic Petroleum Reserve (SPR) after the largest sale in history last year, the U.S. Department of Energy said on Tuesday.cont... The U.S has now purchased about 14 million barrels for replenishment after last year's sales. About 4 million barrels are also coming back to the SPR by February as oil companies return oil that had been loaned to them through a swap.

cont...

On the latest transaction, Sunoco Partners Marketing & Terminals LP sold 1.2 million barrels to the SPR, while Macquarie Commodities Trading US LLC and Phillips 66 each sold about 900,000 barrels, the Energy Department said on its website.

an_clap

BigGame90

Captain

Joined: Oct, 2006

Posts: 5069

Posted: Jan. 3, 2024 - 3:07 PM ET #1802

@fubah2

If you're just going to copy and paste without giving your own thoughts or ideas, you don't need to continue with multiple posts...just copy, paste, cite your sources thejester peace_5

fubah2

Legend

Joined: Aug, 2012

Posts: 54127

Posted: Jan. 3, 2024 - 3:08 PM ET #1803

Quote Originally Posted by fubah2:

Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: (Reuters) - The United States has finalized contracts to purchase three million barrels of oil to help replenish the Strategic Petroleum Reserve (SPR) after the largest sale in history last year, the U.S. Department of Energy said on Tuesday.cont... The U.S has now purchased about 14 million barrels for replenishment after last year's sales. About 4 million barrels are also coming back to the SPR by February as oil companies return oil that had been loaned to them through a swap.cont... On the latest transaction, Sunoco Partners Marketing & Terminals LP sold 1.2 million barrels to the SPR, while Macquarie Commodities Trading US LLC and Phillips 66 each sold about 900,000 barrels, the Energy Department said on its website.

ont...The Energy Department had already secured the cancellation of 140 million barrels in congressionally mandated sales from the SPR scheduled from late this year through late 2026. The cancellation "has led to significant progress toward replenishment," the department has said.

an_clap

BigGame90

Captain

Joined: Oct, 2006

Posts: 5069

Posted: Jan. 3, 2024 - 3:13 PM ET #1804

Biden has released at least 260 million barrels of oil compared to 172 million barrels ordered by other presidents in total.

https://www.newsweek.com/fact-check-has-biden-sold-off-more-oil-every-past-president-combined-1754084

KellyM_1964

MVP

Joined: May, 2009

Posts: 16793

Posted: Jan. 3, 2024 - 3:14 PM ET #1805

Quote Originally Posted by fubah2:

Quote Originally Posted by fubah2: Record-shattering US oil output In the face of a difficult geopolitical landscape, GasBuddy is optimistic about the price outlook for 2024 for one big reason: America is an energy powerhouse. The United States is on pace to pump more oil than any country on record, according to S&P Global Insights. Blockbuster US oil production worries climate scientists and undermines the argument that President Joe Biden has waged a war on US energy. It also provides a cushion for consumers against a dangerous world that is seemingly just one headline away from spiking gas prices. “The US producing record amounts of crude oil translates to lower risk,” De Haan said. Oil prices briefly jumped earlier this month after BP stopped shipping oil through the Red Sea because of a series of attacks on vessels by Houthi militants from Yemen. Although oil prices quickly calmed down

"I'm the MOST HONEST human being that GOD EVER created!" - Donald "the felon" Trump

KellyM_1964

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Posts: 16793

Posted: Jan. 3, 2024 - 3:16 PM ET #1806

Quote Originally Posted by fubah2:

Quote Originally Posted by KellyM_1964: Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: Gas prices will fall in 2024 for the second year in a row, according to GasBuddy projections shared exclusively with CNN. GasBuddy, which had a forecast for 2023 that proved to be eerily accurate, expects US gas prices will average $3.38 a gallon in the key election year of 2024. That would represent a significant improvement from 2023’s average of $3.51 a gallon and an even bigger drop from 2022’s average of $3.95. Gas prices skyrocketed to record highs that year as Russia’s invasion of Ukraine set off global shockwaves. Even though the Russia-Ukraine war lingers and there is a risk the Israel-Hamas war spills into a regional conflict, GasBuddy is betting drivers will get more relief in 2024. GasBuddy expects Americans will spend about $32 billion less on fuel than in 2023 and $79 billion less than in 2022.

Record-shattering US oil output

In the face of a difficult geopolitical landscape, GasBuddy is optimistic about the price outlook for 2024 for one big reason: America is an energy powerhouse. The United States is on pace to pump more oil than any country on record, according to S&P Global Insights.

positive trend we need to see more of an_cheers

"I'm the MOST HONEST human being that GOD EVER created!" - Donald "the felon" Trump

Zeus4par

Captain

Joined: Jul, 2021

Posts: 6070

Posted: Jan. 3, 2024 - 3:34 PM ET #1807

Quote Originally Posted by KellyM_1964:

Quote Originally Posted by fubah2: Quote Originally Posted by KellyM_1964: In the face of a difficult geopolitical landscape, GasBuddy is optimistic about the price outlook for 2024 for one big reason: America is an energy powerhouse. The United States is on pace to pump more oil than any country on record, according to S&P Global Insights.

positive trend we need to see more of

We are definitely moving in that direction though! an_cheers

kcblitzkrieg

Captain

Joined: Jan, 2008

Posts: 8009

Posted: Jan. 3, 2024 - 3:50 PM ET #1808

Don't forget guys.....copy & paste.

https://www.covers.com/forum/politics-87/2024-reasons-for-optimism-under-democrat-admin-103806906

Time is a flat circle....

KellyM_1964

MVP

Joined: May, 2009

Posts: 16793

Posted: Jan. 3, 2024 - 4:00 PM ET #1809

Quote Originally Posted by Zeus4par:

Quote Originally Posted by KellyM_1964: Quote Originally Posted by fubah2: Quote Originally Posted by KellyM_1964: In the face of a difficult geopolitical landscape, GasBuddy is optimistic about the price outlook for 2024 for one big reason: America is an energy powerhouse. The United States is on pace to pump more oil than any country on record, according to S&P Global Insights. positive trend we need to see more of We are definitely moving in that direction though!

im in favor of positive progress but i know that many on the right hate it

"I'm the MOST HONEST human being that GOD EVER created!" - Donald "the felon" Trump

kcblitzkrieg

Captain

Joined: Jan, 2008

Posts: 8009

Posted: Jan. 3, 2024 - 4:05 PM ET #1810

@KellyM_1964

I see you an_wink

4 straight times all within 5 minutes of my posts.... that is your job, your role around these parts, I get it. Don't dig it, but get it....everyone has a purpose, no matter how small how trivial. You do a good job at your....job peace_5

Time is a flat circle....

Zeus4par

Captain

Joined: Jul, 2021

Posts: 6070

Posted: Jan. 3, 2024 - 4:08 PM ET #1811

Quote Originally Posted by KellyM_1964:

Quote Originally Posted by Zeus4par: Quote Originally Posted by KellyM_1964: Quote Originally Posted by fubah2: Quote Originally Posted by KellyM_1964: In the face of a difficult geopolitical landscape, GasBuddy is optimistic about the price outlook for 2024 for one big reason: America is an energy powerhouse. The United States is on pace to pump more oil than any country on record, according to S&P Global Insights. positive trend we need to see more of We are definitely moving in that direction though!

im in favor of positive progress but i know that many on the right hate it

After spiking above $5 a gallon in 2022, gas prices eased significantly in 2023. GasBuddy projects the yearly average for US gas prices will fall again in 2024, allowing consumers to spend $32 billion less on fuel than they did in 2023.

kcblitzkrieg

Captain

Joined: Jan, 2008

Posts: 8009

Posted: Jan. 3, 2024 - 4:45 PM ET #1812

Quote Originally Posted by fubah2:

Markets continue upward trend! Stocks rose at the start of the shortened trading week, and the final one of 2023, riding the momentum of a year-end rally in which hopes of a soft landing are strengthening and more optimistic reads on 2024 are taking hold.

S&P 500

Close of 2021 SPX 4766

Close of 2023 SPX 4769

Only thing that has happened in past two years in inflation rising roughly 10% in the same time frame....carry on with the fairy tales.

Time is a flat circle....

MrWhatsItToYa

Veteran

Joined: Mar, 2014

Posts: 3239

Posted: Jan. 3, 2024 - 10:19 PM ET #1813

Quote Originally Posted by kcblitzkrieg:

Don't forget guys.....copy & paste. https://www.covers.com/forum/politics-87/2024-reasons-for-optimism-under-democrat-admin-103806906

Don't forget whiners.....cry & complain.

kcblitzkrieg

Captain

Joined: Jan, 2008

Posts: 8009

Posted: Jan. 4, 2024 - 10:20 AM ET #1814

@MrWhatsItToYa

Hey Mr. BuckFalls.... I am just trying to help out your forum buddies. There was another thread with the same title so I thought the same information from the other thread might want to be included in the old thread. Ya know, didn't want any "news" or "ideas" to get missed in either of the same topic threads....

I'm here for the people, just looking out for you all peace_5

Time is a flat circle....

Zeus4par

Captain

Joined: Jul, 2021

Posts: 6070

Posted: Jan. 4, 2024 - 3:34 PM ET #1815

Quote Originally Posted by fubah2:

Gas prices will fall in 2024 for the second year in a row, according to GasBuddy projections shared exclusively with CNN. GasBuddy, which had a forecast for 2023 that proved to be eerily accurate, expects US gas prices will average $3.38 a gallon in the key election year of 2024. That would represent a significant improvement from 2023’s average of $3.51 a gallon and an even bigger drop from 2022’s average of $3.95. Gas prices skyrocketed to record highs that year as Russia’s invasion of Ukraine set off global shockwaves.

an_cheers

MrWhatsItToYa

Veteran

Joined: Mar, 2014

Posts: 3239

Posted: Jan. 4, 2024 - 8:49 PM ET #1816

Quote Originally Posted by kcblitzkrieg:

@MrWhatsItToYa Hey Mr. BuckFalls.... I am just trying to help out your forum buddies. There was another thread with the same title so I thought the same information from the other thread might want to be included in the old thread. Ya know, didn't want any "news" or "ideas" to get missed in either of the same topic threads.... I'm here for the people, just looking out for you all

Oh my mistake,I thought you were just crying and complaining about stuff.

fubah2

Legend

Joined: Aug, 2012

Posts: 54127

Posted: Jan. 7, 2024 - 8:10 PM ET #1817

The unemployment rate dipped down to 3.7%

from 3.9% in November,

and the US economy added 199,000 jobs,

according to the latest monthly data from the BLS.

BigGame90

Captain

Joined: Oct, 2006

Posts: 5069

Posted: Jan. 8, 2024 - 10:10 AM ET #1818

Quote Originally Posted by fubah2:

The unemployment rate dipped down to 3.7% from 3.9% in November, and the US economy added 199,000 jobs, according to the latest monthly data from the BLS.

Numbers look ok, but would you like to give more details on those numbers? You like to copy and paste but give literally no context with your posts thejester

How many of those "CrEaTeD jObS" were government sponsored? How many in health care? How many are people taking on second (hell, maybe third) jobs?

Wizerguy

Legend

Joined: Jan, 2005

Posts: 38456

Posted: Jan. 8, 2024 - 11:02 AM ET #1819

Quote Originally Posted by scooby-doos:

Over 7 million people being paid to stay home... over 10 million jobs available... Shut down economy then when people forced back to work... jobs are created??

Close small businesses , force them to layoff their employees. Reopen business and rehire employees ..then call it job growth. Trump and Biden ..tied at the hip..both puppets.

- The storms will come, the storms will pass -

KellyM_1964

MVP

Joined: May, 2009

Posts: 16793

Posted: Jan. 9, 2024 - 12:16 AM ET #1820

Quote Originally Posted by fubah2:

The unemployment rate dipped down to 3.7% from 3.9% in November, and the US economy added 199,000 jobs, according to the latest monthly data from the BLS.

down to 3.7% again for america under democrat administration an_clap

"I'm the MOST HONEST human being that GOD EVER created!" - Donald "the felon" Trump

fubah2

Legend

Joined: Aug, 2012

Posts: 54127

Posted: Jan. 10, 2024 - 2:33 PM ET #1821

Carbon pollution is down in the US

WASHINGTON (AP) — Climate-altering pollution from greenhouse gases declined by nearly 2% in the United States in 2023, even as the economy expanded at a faster clip, a new report finds.

The decline, while “a step in the right direction,'' is still below the rate needed to meet President Joe Biden's pledge to cut U.S. emissions in half by 2030, compared to 2005 levels, said a report Wednesday from the Rhodium Group, an independent research firm.

“Absent other changes,? the U.S. is on track to cut greenhouse gas emissions by about 40% below 2005 levels by the end of the decade, said Ben King, associate director at Rhodium and lead author of the study.

Emissions are down 17.2% from 2005.

fubah2

Legend

Joined: Aug, 2012

Posts: 54127

Posted: Jan. 11, 2024 - 4:01 PM ET #1822

America’s final inflation report for 2023 just came in

CNN - reports

It's not fantastic news, but it is encouraging

More to follow...

ABooksNightmare

Hall of Fame

Joined: Jul, 2004

Posts: 26651

Posted: Jan. 11, 2024 - 4:24 PM ET #1823

Cant' wait for your copy and paste...it's on yahoo finance right now so you can grab it there peace_5

COVERS allows u to tell someone they are sexually frustrated so long as ur hands are clean

DoYouMind69

Captain

Joined: Oct, 2020

Posts: 7021

Posted: Jan. 11, 2024 - 4:41 PM ET #1824

@fubah2

"It's not fantastic news, but it is encouraging

More to follow..." If CNN is reporting it, followed with a Experts Say or Studies Show then you know you are being lied to. thumbs_up

"At 50, everyone has the face they deserve" -George Orwell

Zeus4par

Captain

Joined: Jul, 2021

Posts: 6070

Posted: Jan. 11, 2024 - 9:17 PM ET #1825

Quote Originally Posted by fubah2:

Carbon pollution is down in the US WASHINGTON (AP) — Climate-altering pollution from greenhouse gases declined by nearly 2% in the United States in 2023, even as the economy expanded at a faster clip, a new report finds. The decline, while “a step in the right direction,'' is still below the rate needed to meet President Joe Biden's pledge to cut U.S. emissions in half by 2030, compared to 2005 levels, said a report Wednesday from the Rhodium Group, an independent research firm. “Absent other changes,? the U.S. is on track to cut greenhouse gas emissions by about 40% below 2005 levels by the end of the decade, said Ben King, associate director at Rhodium and lead author of the study. Emissions are down 17.2% from 2005.

Stepping in the right direction but may be too late

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