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    All Forums | Politics

    Positive news for America from President Biden and the Democrats

    «First Previous 727374 ... 959697 Next Last»
    Zeus4par
    fubah2
    thirdperson
    THEMUGG
    KellyM_1964
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    Zeus4par
    Zeus4par
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    Posts: 6070
    Posted: Dec. 25, 2023 - 10:43 AM ET #1776

    Quote Originally Posted by fubah2:

     More positive economic news . . .

     

    an_police While the Stock Market continues on its upward trend, prices fell last month for the first time since April 2020!! an_2drinks


    New York CNN —

    Last month, for the first time since April 2020,
    prices fell on a monthly basis, according to a closely
    watched report released Friday by the Commerce Department.

    US inflation slowed further in November,
    and consumer spending continued to outpace expectations,
    lending further credence to the idea that the US Federal
    Reserve could stick its “soft landing” of bringing down
    inflation with a barrage of interest rate hikes while
    not throttling the economy into a recession.

     

    “These data are consistent with a strong and growing economy bolstered by income gains above inflation and a dynamic labor market as inflation eases.”

    peace_5

    The importance of this should not be understated.

    We are heading in the right direction again despite strong headwinds

     

    an_cheers

     

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    Quote Originally Posted by fubah2:

     More positive economic news . . .

     

    an_police While the Stock Market continues on its upward trend, prices fell last month for the first time since April 2020!! an_2drinks


    New York CNN —

    Last month, for the first time since April 2020,
    prices fell on a monthly basis, according to a closely
    watched report released Friday by the Commerce Department.

    US inflation slowed further in November,
    and consumer spending continued to outpace expectations,
    lending further credence to the idea that the US Federal
    Reserve could stick its “soft landing” of bringing down
    inflation with a barrage of interest rate hikes while
    not throttling the economy into a recession.

     

    “These data are consistent with a strong and growing economy bolstered by income gains above inflation and a dynamic labor market as inflation eases.”

    peace_5

    The importance of this should not be understated.

    We are heading in the right direction again despite strong headwinds

     

    an_cheers

     

     
    fubah2
    fubah2
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    Posts: 52894
    Posted: Dec. 26, 2023 - 10:22 PM ET #1777

    Markets continue upward trend!

    an_cheers

    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.

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    Markets continue upward trend!

    an_cheers

    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.

     
    Zeus4par
    Zeus4par
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    Participation Meter
    Joined: Jul, 2021
    Posts: 6070
    Posted: Dec. 27, 2023 - 1:21 AM ET #1778

    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.

    an_2drinks  All three major indexes are up today!

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    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.

    an_2drinks  All three major indexes are up today!

     
    fubah2
    fubah2
    Legend
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    Joined: Aug, 2012
    Posts: 52894
    Posted: Dec. 27, 2023 - 2:51 PM ET #1779

    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.

    The Dow Jones Industrial Average (^DJI) rose 0.4% or about 150 points at the closing bell on Tuesday. The benchmark S&P 500 (^GSPC) gained 0.4% while the the tech-heavy Nasdaq Composite (^IXIC) advanced 0.5%.

    All three major indexes are up by double digits for the year!

           an_cheers

     

     

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    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.

    The Dow Jones Industrial Average (^DJI) rose 0.4% or about 150 points at the closing bell on Tuesday. The benchmark S&P 500 (^GSPC) gained 0.4% while the the tech-heavy Nasdaq Composite (^IXIC) advanced 0.5%.

    All three major indexes are up by double digits for the year!

           an_cheers

     

     

     
    thirdperson
    thirdperson
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    Posted: Dec. 29, 2023 - 5:52 PM ET #1780

    Fbi data shows significant decline in US crime rates in 2023.  Contrary to widespread misperception that crime rates are on the rise.  

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    Fbi data shows significant decline in US crime rates in 2023.  Contrary to widespread misperception that crime rates are on the rise.  

     
    THEMUGG
    THEMUGG
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    Joined: Oct, 2003
    Posts: 38230
    Posted: Dec. 29, 2023 - 6:43 PM ET #1781

    Quote Originally Posted by thirdperson:

    Fbi data shows significant decline in US crime rates in 2023.  Contrary to widespread misperception that crime rates are on the rise.
    an_roll_laugh

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    Quote Originally Posted by thirdperson:

    Fbi data shows significant decline in US crime rates in 2023.  Contrary to widespread misperception that crime rates are on the rise.
    an_roll_laugh

     
    fubah2
    fubah2
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    Posted: Dec. 29, 2023 - 10:04 PM ET #1782

    Quote Originally Posted by thirdperson:

    FBI data shows significant decline in US crime rates in 2023.  Contrary to widespread misperception that crime rates are on the rise.
    Interesting. Perceptions are often erroneous.

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    Quote Originally Posted by thirdperson:

    FBI data shows significant decline in US crime rates in 2023.  Contrary to widespread misperception that crime rates are on the rise.
    Interesting. Perceptions are often erroneous.

     
    KellyM_1964
    KellyM_1964
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    Posts: 16734
    Posted: Jan. 2, 2024 - 8:30 AM ET #1783

    Quote Originally Posted by thirdperson:

    Fbi data shows significant decline in US crime rates in 2023.  Contrary to widespread misperception that crime rates are on the rise.
    peace_5

    "I'm the MOST HONEST human being that GOD EVER created!" - Donald "the felon" Trump
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    Quote Originally Posted by thirdperson:

    Fbi data shows significant decline in US crime rates in 2023.  Contrary to widespread misperception that crime rates are on the rise.
    peace_5

     
    Zeus4par
    Zeus4par
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    Posts: 6070
    Posted: Jan. 2, 2024 - 1:33 PM ET #1784

    Quote Originally Posted by thirdperson:

    Fbi data shows significant decline in US crime rates in 2023.  Contrary to widespread misperception that crime rates are on the rise.
      And it just stands to reason thumbs_up

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    Quote Originally Posted by thirdperson:

    Fbi data shows significant decline in US crime rates in 2023.  Contrary to widespread misperception that crime rates are on the rise.
      And it just stands to reason thumbs_up

     
    fubah2
    fubah2
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    Posted: Jan. 2, 2024 - 4:13 PM ET #1785

    Quote Originally Posted by Zeus4par:

    Quote Originally Posted by thirdperson: Fbi data shows significant decline in US crime rates in 2023.  Contrary to widespread misperception that crime rates are on the rise.  And it just stands to reason
    Agreed

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    Quote Originally Posted by Zeus4par:

    Quote Originally Posted by thirdperson: Fbi data shows significant decline in US crime rates in 2023.  Contrary to widespread misperception that crime rates are on the rise.  And it just stands to reason
    Agreed

     
    fubah2
    fubah2
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    Posted: Jan. 2, 2024 - 4:31 PM ET #1786

    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.

    Reply
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    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.

     
    fubah2
    fubah2
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    Posts: 52894
    Posted: Jan. 2, 2024 - 7:08 PM ET #1787

    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. 

    an_cheers

    Reply
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    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. 

    an_cheers

     
    Barbarossa
    Barbarossa
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    Posted: Jan. 2, 2024 - 9:52 PM ET #1788

    here are some positive news for America from Biden and the Democrats 

    the US spends meanwhile MORE on Interest than the Military an_light

    Runaway Debt an_light

    Mass inflation an_light

    Out of control open borders , Candidate Biden "i encourage to surge the border" , 8-12 million unvetted illegals , most of them young men an_light

    Terrible economy , "Bidenomics" , who the hell came up with that term an_light

    weak military , huge recruitment problems , largely due to forced vaccines and a woke leadership an_light

    Unaffordable housing an_light

    Cultural warfare , we became a laughing stock to the rest of the world an_light

    Global conflicts , not seen since WW2 an_light

    Destruction of Liberties an_light

     

    i could go on and on , this is the Biden Legacy 

    peace_5

     

     

     

     

     

     

    The Pastor of Disaster
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    here are some positive news for America from Biden and the Democrats 

    the US spends meanwhile MORE on Interest than the Military an_light

    Runaway Debt an_light

    Mass inflation an_light

    Out of control open borders , Candidate Biden "i encourage to surge the border" , 8-12 million unvetted illegals , most of them young men an_light

    Terrible economy , "Bidenomics" , who the hell came up with that term an_light

    weak military , huge recruitment problems , largely due to forced vaccines and a woke leadership an_light

    Unaffordable housing an_light

    Cultural warfare , we became a laughing stock to the rest of the world an_light

    Global conflicts , not seen since WW2 an_light

    Destruction of Liberties an_light

     

    i could go on and on , this is the Biden Legacy 

    peace_5

     

     

     

     

     

     

     
    KellyM_1964
    KellyM_1964
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    Joined: May, 2009
    Posts: 16734
    Posted: Jan. 3, 2024 - 12:31 AM ET #1789

    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.
    an_cheers

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

     
    fubah2
    fubah2
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    Posted: Jan. 3, 2024 - 1:46 PM ET #1790

    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.

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    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.

     
    fubah2
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    Posted: Jan. 3, 2024 - 2:04 PM ET #1791

    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. 

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    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. 

     
    BigGame90
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    Posted: Jan. 3, 2024 - 2:07 PM ET #1792

    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.

     

    pla·gia·rism

    the practice of taking someone else's work or ideas and passing them off as one's own.

     

    Also, you shouldn't speak so loudly about the US producing record amounts of oil. That goes against everything your party stands for. quiet

     

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    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.

     

    pla·gia·rism

    the practice of taking someone else's work or ideas and passing them off as one's own.

     

    Also, you shouldn't speak so loudly about the US producing record amounts of oil. That goes against everything your party stands for. quiet

     

     
    fubah2
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    Posted: Jan. 3, 2024 - 2:15 PM ET #1793

    Quote Originally Posted by fubah2:

    Record-shattering US oil output an_cheers

    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

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    Quote Originally Posted by fubah2:

    Record-shattering US oil output an_cheers

    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

     
    BigGame90
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    Posted: Jan. 3, 2024 - 2:29 PM ET #1794

    Quote Originally Posted by fubah2:

      “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

     

    pla·gia·rism

    the practice of taking someone else's work or ideas and passing them off as one's own.

     

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    Quote Originally Posted by fubah2:

      “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

     

    pla·gia·rism

    the practice of taking someone else's work or ideas and passing them off as one's own.

     

     
    BigGame90
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    Posted: Jan. 3, 2024 - 2:32 PM ET #1795

    Quote Originally Posted by fubah2:

      “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

     

    Plagiarism means using someone else’s work without giving them proper credit. In academic writing, plagiarizing involves using words, ideas, or information from a source without citing it correctly. -https://www.scribbr.com/category/plagiarism/

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    Quote Originally Posted by fubah2:

      “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

     

    Plagiarism means using someone else’s work without giving them proper credit. In academic writing, plagiarizing involves using words, ideas, or information from a source without citing it correctly. -https://www.scribbr.com/category/plagiarism/

     
    fubah2
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    Posted: Jan. 3, 2024 - 2:37 PM ET #1796

    Quote Originally Posted by fubah2:

    Record-shattering US oil output 

    CNN - 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

    cont...  “Next year should represent a continued march towards what most Americans would consider normal prices at the pump,” Patrick De Haan, GasBuddy’s head of petroleum analysis, told CNN in a phone interview.

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    Quote Originally Posted by fubah2:

    Record-shattering US oil output 

    CNN - 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

    cont...  “Next year should represent a continued march towards what most Americans would consider normal prices at the pump,” Patrick De Haan, GasBuddy’s head of petroleum analysis, told CNN in a phone interview.

     
    fubah2
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    Posted: Jan. 3, 2024 - 2:41 PM ET #1797

    (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.

       an_clap

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    (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.

       an_clap

     
    BigGame90
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    Posted: Jan. 3, 2024 - 2:47 PM ET #1798

    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.

     

    Hey Google- "how many barrels of oil does the strategic petroleum reserve hold?"

     https://www.energy.gov/ceser/strategic-petroleum-reserve#:~:text=About%20the%20SPR&text=The%20sheer%20size%20of%20the,key%20tool%20in%20foreign%20policy.

     The Strategic Petroleum Reserve (SPR), the world's largest supply of emergency crude oil was established primarily to reduce the impact of disruptions in supplies of petroleum products and to carry out obligations of the United States under the international energy program. The federally-owned oil stocks are stored in huge underground salt caverns at four sites along the coastline of the Gulf of Mexico. The sheer size of the SPR (authorized storage capacity of 714 million barrels) makes it a significant deterrent to oil import cutoffs and a key tool in foreign policy.

     

     

    soooo less than .005% an_beatup

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    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.

     

    Hey Google- "how many barrels of oil does the strategic petroleum reserve hold?"

     https://www.energy.gov/ceser/strategic-petroleum-reserve#:~:text=About%20the%20SPR&text=The%20sheer%20size%20of%20the,key%20tool%20in%20foreign%20policy.

     The Strategic Petroleum Reserve (SPR), the world's largest supply of emergency crude oil was established primarily to reduce the impact of disruptions in supplies of petroleum products and to carry out obligations of the United States under the international energy program. The federally-owned oil stocks are stored in huge underground salt caverns at four sites along the coastline of the Gulf of Mexico. The sheer size of the SPR (authorized storage capacity of 714 million barrels) makes it a significant deterrent to oil import cutoffs and a key tool in foreign policy.

     

     

    soooo less than .005% an_beatup

     
    fubah2
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    Posted: Jan. 3, 2024 - 2:52 PM ET #1799

    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.

     

             an_clap

     

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    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.

     

             an_clap

     

     
     
    BigGame90
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    Posted: Jan. 3, 2024 - 2:59 PM ET #1800

    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.

     

    "hey Google, how many barrels of oil did Biden sell from the SPR?"   https://www.politico.com/news/2023/10/16/biden-oil-reserve-fuels-00121298

     Biden’s administration sold off more than 40 percent of the Strategic Petroleum Reserve last year to help limit rising fuel prices after Russia invaded Ukraine, leaving the stockpile at its lowest levels since the early 1980s.

     

    for anyone interested in seeing Bidens war on oil, just look at the chart in the link. He just wiped away about 40 years of accumulation.  But don't worry, MSM will tell you Biden is not fighting oil.

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    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.

     

    "hey Google, how many barrels of oil did Biden sell from the SPR?"   https://www.politico.com/news/2023/10/16/biden-oil-reserve-fuels-00121298

     Biden’s administration sold off more than 40 percent of the Strategic Petroleum Reserve last year to help limit rising fuel prices after Russia invaded Ukraine, leaving the stockpile at its lowest levels since the early 1980s.

     

    for anyone interested in seeing Bidens war on oil, just look at the chart in the link. He just wiped away about 40 years of accumulation.  But don't worry, MSM will tell you Biden is not fighting oil.

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