“We think Strategic Petroleum Reserves are not a sustainable source of supply and the effect of such market intervention would only be temporary,” Barclays’s analysts wrote in a note before the release, as carried by Reuters.
“There is a growing risk that OPEC+ responds to an SPR release by pausing planned supply increases,” ING strategists Warren Patterson and Wenyu Yao said on Tuesday before the U.S. announcement of the SPR release.
“The prospect of retaliation from OPEC+ does leave the potential for further volatility in oil markets,” ING said.
“We think Strategic Petroleum Reserves are not a sustainable source of supply and the effect of such market intervention would only be temporary,” Barclays’s analysts wrote in a note before the release, as carried by Reuters.
“There is a growing risk that OPEC+ responds to an SPR release by pausing planned supply increases,” ING strategists Warren Patterson and Wenyu Yao said on Tuesday before the U.S. announcement of the SPR release.
“The prospect of retaliation from OPEC+ does leave the potential for further volatility in oil markets,” ING said.
London (CNN Business) Some of the world's biggest energy-consuming nations are joining a President Biden-led effort to release strategic oil reserves to try to cool high prices and tame inflation.
In a statement issued Tuesday, the White House said China, Japan, India, South Korea and the United Kingdom would join the U.S. initiative following weeks of discussions to formulate a plan to arrest price hikes.
joe biden
Glad to see the US leading other nations in combined efforts for anything once again. Like we used to do before 2017.
3
Quote Originally Posted by KellyM_1964:
cut from cnn :: "the most trusted name in news"
London (CNN Business) Some of the world's biggest energy-consuming nations are joining a President Biden-led effort to release strategic oil reserves to try to cool high prices and tame inflation.
In a statement issued Tuesday, the White House said China, Japan, India, South Korea and the United Kingdom would join the U.S. initiative following weeks of discussions to formulate a plan to arrest price hikes.
joe biden
Glad to see the US leading other nations in combined efforts for anything once again. Like we used to do before 2017.
London (CNN Business) Some of the world's biggest energy-consuming nations are joining a President Biden-led effort to release strategic oil reserves to try to cool high prices and tame inflation.
In a statement issued Tuesday, the White House said China, Japan, India, South Korea and the United Kingdom would join the U.S. initiative following weeks of discussions to formulate a plan to arrest price hikes.
joe biden
Glad to see the US leading other nations in combined efforts for anything once again. Like we used to do before 2017.
4
Quote Originally Posted by KellyM_1964:
cut from cnn :: "the most trusted name in news"
London (CNN Business) Some of the world's biggest energy-consuming nations are joining a President Biden-led effort to release strategic oil reserves to try to cool high prices and tame inflation.
In a statement issued Tuesday, the White House said China, Japan, India, South Korea and the United Kingdom would join the U.S. initiative following weeks of discussions to formulate a plan to arrest price hikes.
joe biden
Glad to see the US leading other nations in combined efforts for anything once again. Like we used to do before 2017.
Quote Originally Posted by fubah2: Glad to see the US leading other nations in combined efforts for anything once again. Like we used to do before 2017.
those were the good ole days (pre-donnie chump )
Not so long ago. Really, we only skipped the 4 years from 2017 to the start of 2021 - when trump incited an insurrection to overthrow our government because he was bummed that Americans wanted him out.
4
Quote Originally Posted by KellyM_1964:
Quote Originally Posted by fubah2: Glad to see the US leading other nations in combined efforts for anything once again. Like we used to do before 2017.
those were the good ole days (pre-donnie chump )
Not so long ago. Really, we only skipped the 4 years from 2017 to the start of 2021 - when trump incited an insurrection to overthrow our government because he was bummed that Americans wanted him out.
Quote Originally Posted by fubah2: Glad to see the US leading other nations in combined efforts for anything once again. Like we used to do before 2017.
those were the good ole days (pre-donnie chump )
Not so long ago. Really, we only skipped the 4 years from 2017 to the start of 2021 - when trump incited an insurrection to overthrow our government because he was bummed that Americans wanted him out.
4 dark years mostly of disgrace
"I'm the MOST HONEST HUMAN BEING that God has EVER created!!" - Donald Trump
3
Quote Originally Posted by fubah2:
Quote Originally Posted by KellyM_1964:
Quote Originally Posted by fubah2: Glad to see the US leading other nations in combined efforts for anything once again. Like we used to do before 2017.
those were the good ole days (pre-donnie chump )
Not so long ago. Really, we only skipped the 4 years from 2017 to the start of 2021 - when trump incited an insurrection to overthrow our government because he was bummed that Americans wanted him out.
Quote Originally Posted by fubah2: Quote Originally Posted by KellyM_1964: Quote Originally Posted by fubah2: Glad to see the US leading other nations in combined efforts for anything once again. Like we used to do before 2017. those were the good ole days (pre-donnie chump ) Not so long ago. Really, we only skipped the 4 years from 2017 to the start of 2021 - when trump incited an insurrection to overthrow our government because he was bummed that Americans wanted him out.
4 dark years mostly of disgrace
Agreed!
2
Quote Originally Posted by KellyM_1964:
Quote Originally Posted by fubah2: Quote Originally Posted by KellyM_1964: Quote Originally Posted by fubah2: Glad to see the US leading other nations in combined efforts for anything once again. Like we used to do before 2017. those were the good ole days (pre-donnie chump ) Not so long ago. Really, we only skipped the 4 years from 2017 to the start of 2021 - when trump incited an insurrection to overthrow our government because he was bummed that Americans wanted him out.
US economic growth is on course to reach over 5% in 2021 and outperforming many countries. US claims for unemployment benefits have reached the lowest level in over 50 years according to labor department. Wages are increasing at the fastest rate in over 20 years. But inflation is still nowhere near the highs of the 1970s and 1980s. Inflation is part of economic recovery and is a global trend that economists expect to ease next year when supply catch up to demand in markets.
5
US economic growth is on course to reach over 5% in 2021 and outperforming many countries. US claims for unemployment benefits have reached the lowest level in over 50 years according to labor department. Wages are increasing at the fastest rate in over 20 years. But inflation is still nowhere near the highs of the 1970s and 1980s. Inflation is part of economic recovery and is a global trend that economists expect to ease next year when supply catch up to demand in markets.
US invitation of Taiwan to democracy summit angers China
WASHINGTON (AP) — The Biden administration has invited Taiwan to its Summit for Democracy next month, the State Department announced, prompting sharp criticism from China, which considers the self-ruled island as its territory.
The summit makes good on a pledge President Joe Biden made during his campaign, and it reflects his emphasis on returning the U.S. to a global leadership position among world democracies.
The event is aimed at gathering government, civil society and private sector leaders to work together on fighting authoritarianism and global corruption and defending human rights.
The invitation list features 110 countries, including Taiwan, but does not include China or Russia.
4
Quote Originally Posted by KellyM_1964:
president biden !!!
US invitation of Taiwan to democracy summit angers China
WASHINGTON (AP) — The Biden administration has invited Taiwan to its Summit for Democracy next month, the State Department announced, prompting sharp criticism from China, which considers the self-ruled island as its territory.
The summit makes good on a pledge President Joe Biden made during his campaign, and it reflects his emphasis on returning the U.S. to a global leadership position among world democracies.
The event is aimed at gathering government, civil society and private sector leaders to work together on fighting authoritarianism and global corruption and defending human rights.
The invitation list features 110 countries, including Taiwan, but does not include China or Russia.
US invitation of Taiwan to democracy summit angers China
WASHINGTON (AP) — The Biden administration has invited Taiwan to its Summit for Democracy next month, the State Department announced, prompting sharp criticism from China, which considers the self-ruled island as its territory.
The summit makes good on a pledge President Joe Biden made during his campaign, and it reflects his emphasis on returning the U.S. to a global leadership position among world democracies.
The event is aimed at gathering government, civil society and private sector leaders to work together on fighting authoritarianism and global corruption and defending human rights.
The invitation list features 110 countries, including Taiwan, but does not include China or Russia.
bidens promotion of democracy angers china
"I'm the MOST HONEST HUMAN BEING that God has EVER created!!" - Donald Trump
5
Quote Originally Posted by fubah2:
US invitation of Taiwan to democracy summit angers China
WASHINGTON (AP) — The Biden administration has invited Taiwan to its Summit for Democracy next month, the State Department announced, prompting sharp criticism from China, which considers the self-ruled island as its territory.
The summit makes good on a pledge President Joe Biden made during his campaign, and it reflects his emphasis on returning the U.S. to a global leadership position among world democracies.
The event is aimed at gathering government, civil society and private sector leaders to work together on fighting authoritarianism and global corruption and defending human rights.
The invitation list features 110 countries, including Taiwan, but does not include China or Russia.
President Biden signs 4 new bills aimed at supporting veterans
(CNN)President Joe Biden on Tuesday signed into law four bills aimed at supporting the nation's veterans, including legislation intended to combat racial disparities related to benefits as well as addressing maternal mortality among female veterans.
"We only have one truly sacred obligation, in my view. And that is prepare those we send into harm's way, care for their families when they're gone and care for them and their families when they're home," Biden said at the bill signing event. "And that's a lifetime commitment."
3
President Biden signs 4 new bills aimed at supporting veterans
(CNN)President Joe Biden on Tuesday signed into law four bills aimed at supporting the nation's veterans, including legislation intended to combat racial disparities related to benefits as well as addressing maternal mortality among female veterans.
"We only have one truly sacred obligation, in my view. And that is prepare those we send into harm's way, care for their families when they're gone and care for them and their families when they're home," Biden said at the bill signing event. "And that's a lifetime commitment."
President Biden signs 4 new bills aimed at supporting veterans
(CNN)President Joe Biden on Tuesday signed into law four bills aimed at supporting the nation's veterans, including legislation intended to combat racial disparities related to benefits as well as addressing maternal mortality among female veterans.
"We only have one truly sacred obligation, in my view. And that is prepare those we send into harm's way, care for their families when they're gone and care for them and their families when they're home," Biden said at the bill signing event. "And that's a lifetime commitment."
what r the 4 bills ? havent seen a word about them bfor
"I'm the MOST HONEST HUMAN BEING that God has EVER created!!" - Donald Trump
0
Quote Originally Posted by fubah2:
President Biden signs 4 new bills aimed at supporting veterans
(CNN)President Joe Biden on Tuesday signed into law four bills aimed at supporting the nation's veterans, including legislation intended to combat racial disparities related to benefits as well as addressing maternal mortality among female veterans.
"We only have one truly sacred obligation, in my view. And that is prepare those we send into harm's way, care for their families when they're gone and care for them and their families when they're home," Biden said at the bill signing event. "And that's a lifetime commitment."
what r the 4 bills ? havent seen a word about them bfor
Quote Originally Posted by fubah2: President Biden signs 4 new bills aimed at supporting veterans (CNN)President Joe Biden on Tuesday signed into law four bills aimed at supporting the nation's veterans, including legislation intended to combat racial disparities related to benefits as well as addressing maternal mortality among female veterans. "We only have one truly sacred obligation, in my view. And that is prepare those we send into harm's way, care for their families when they're gone and care for them and their families when they're home," Biden said at the bill signing event. "And that's a lifetime commitment."
what r the 4 bills ? havent seen a word about them bfor
President Biden signs slate of 4 bills aimed at supporting veterans
One bill directs the Government Accountability Office to study whether there are disparities associated with race and ethnicity when it comes to Veterans Affairs compensation benefits, disability ratings and rejections of claims for benefits.
Another bill directs the VA to recruit military medical personnel to work in federal health care occupations.
The third bill is aimed at reducing out-of-pocket education costs for surviving spouses and children of military veterans.
Fourth bill is geared toward addressing maternal mortality among female veterans by authorizing $15 million for the VA maternity care coordination programs.
*Of course, among all 50 states, those millions who worship at adolf trump's toilet, will continue to claim Joe Biden hasn't done a thing for the American people. Nothing.
2
Quote Originally Posted by KellyM_1964:
Quote Originally Posted by fubah2: President Biden signs 4 new bills aimed at supporting veterans (CNN)President Joe Biden on Tuesday signed into law four bills aimed at supporting the nation's veterans, including legislation intended to combat racial disparities related to benefits as well as addressing maternal mortality among female veterans. "We only have one truly sacred obligation, in my view. And that is prepare those we send into harm's way, care for their families when they're gone and care for them and their families when they're home," Biden said at the bill signing event. "And that's a lifetime commitment."
what r the 4 bills ? havent seen a word about them bfor
President Biden signs slate of 4 bills aimed at supporting veterans
One bill directs the Government Accountability Office to study whether there are disparities associated with race and ethnicity when it comes to Veterans Affairs compensation benefits, disability ratings and rejections of claims for benefits.
Another bill directs the VA to recruit military medical personnel to work in federal health care occupations.
The third bill is aimed at reducing out-of-pocket education costs for surviving spouses and children of military veterans.
Fourth bill is geared toward addressing maternal mortality among female veterans by authorizing $15 million for the VA maternity care coordination programs.
*Of course, among all 50 states, those millions who worship at adolf trump's toilet, will continue to claim Joe Biden hasn't done a thing for the American people. Nothing.
President Biden signs 4 new bills aimed at supporting veterans
(CNN)President Joe Biden on Tuesday signed into law four bills aimed at supporting the nation's veterans, including legislation intended to combat racial disparities related to benefits as well as addressing maternal mortality among female veterans.
"We only have one truly sacred obligation, in my view. And that is prepare those we send into harm's way, care for their families when they're gone and care for them and their families when they're home," Biden said at the bill signing event. "And that's a lifetime commitment."
President Biden stated about the new bills:
"Earlier this month, I commemorated Veterans Day at Arlington National Cemetery. On that solemn day, we lay a wreath and renew our oath," Biden said. "But keeping faith with American veterans required much more than laying wreaths or making more oaths. It requires acts. That's what you've done today, all of you. Acts."
2
Quote Originally Posted by fubah2:
President Biden signs 4 new bills aimed at supporting veterans
(CNN)President Joe Biden on Tuesday signed into law four bills aimed at supporting the nation's veterans, including legislation intended to combat racial disparities related to benefits as well as addressing maternal mortality among female veterans.
"We only have one truly sacred obligation, in my view. And that is prepare those we send into harm's way, care for their families when they're gone and care for them and their families when they're home," Biden said at the bill signing event. "And that's a lifetime commitment."
President Biden stated about the new bills:
"Earlier this month, I commemorated Veterans Day at Arlington National Cemetery. On that solemn day, we lay a wreath and renew our oath," Biden said. "But keeping faith with American veterans required much more than laying wreaths or making more oaths. It requires acts. That's what you've done today, all of you. Acts."
All flights departing after 12:01 a.m. ET Dec. 6 will abide by the Centers for Disease Control and Prevention's new testing order, according to an administration official.
Currently, vaccinated travelers are required to test three days – or 72 hours – before their departures. The new order shortens that timeline to one day.
3
All flights departing after 12:01 a.m. ET Dec. 6 will abide by the Centers for Disease Control and Prevention's new testing order, according to an administration official.
Currently, vaccinated travelers are required to test three days – or 72 hours – before their departures. The new order shortens that timeline to one day.
Fortunately, Biden signs legislation funding federal agencies until February, averting a government shutdown despite a few republicans threatening a standoff over vaccine mandates. Also pandemic response is updated to include tighter travel rules, extension of mask mandate for public transportation, free home covid tests to be covered by insurance companies, public education campaign to encourage booster shots and improved access to vaccines.
3
Fortunately, Biden signs legislation funding federal agencies until February, averting a government shutdown despite a few republicans threatening a standoff over vaccine mandates. Also pandemic response is updated to include tighter travel rules, extension of mask mandate for public transportation, free home covid tests to be covered by insurance companies, public education campaign to encourage booster shots and improved access to vaccines.
Fortunately, Biden signs legislation funding federal agencies until February, averting a government shutdown despite a few republicans threatening a standoff over vaccine mandates. Also pandemic response is updated to include tighter travel rules, extension of mask mandate for public transportation, free home covid tests to be covered by insurance companies, public education campaign to encourage booster shots and improved access to vaccines.
At home covid tests are absolute garbage and the govt is probably going to be buying up all the shit product with our tax dollars.
0
Quote Originally Posted by thirdperson:
Fortunately, Biden signs legislation funding federal agencies until February, averting a government shutdown despite a few republicans threatening a standoff over vaccine mandates. Also pandemic response is updated to include tighter travel rules, extension of mask mandate for public transportation, free home covid tests to be covered by insurance companies, public education campaign to encourage booster shots and improved access to vaccines.
At home covid tests are absolute garbage and the govt is probably going to be buying up all the shit product with our tax dollars.
Actually, these test kits are constrained because large companies & schools bought these in bulk during the spring in lieu of students & employees returning to their premises. Like anything covid related, accuracy of these tests are also improving.
So if these tests are garbage as you say, I'm surprised we haven't heard purchasers bitch about the products being relatively useless.
3
@BigGame90
Actually, these test kits are constrained because large companies & schools bought these in bulk during the spring in lieu of students & employees returning to their premises. Like anything covid related, accuracy of these tests are also improving.
So if these tests are garbage as you say, I'm surprised we haven't heard purchasers bitch about the products being relatively useless.
'This is a crisis now.' Admin official pleads with Congress to immediately address computer chip shortage
Washington (CNN Business) The worldwide computer chip shortage is fanning the flames of inflation and limiting the supply of everything from iPhones to new cars. Unfortunately, this highly disruptive shortage is unlikely to go away until "deep into 2022," Commerce Secretary Gina Raimondo told CNN.
Raimondo, who recently toured semiconductor factories in Asia, said short-term problems linked mostly to Covid should sort themselves out during the second half of next year. That's barring any further Covid shocks that could deal another blow to supply chains.
1
'This is a crisis now.' Admin official pleads with Congress to immediately address computer chip shortage
Washington (CNN Business) The worldwide computer chip shortage is fanning the flames of inflation and limiting the supply of everything from iPhones to new cars. Unfortunately, this highly disruptive shortage is unlikely to go away until "deep into 2022," Commerce Secretary Gina Raimondo told CNN.
Raimondo, who recently toured semiconductor factories in Asia, said short-term problems linked mostly to Covid should sort themselves out during the second half of next year. That's barring any further Covid shocks that could deal another blow to supply chains.
'This is a crisis now.' Admin official pleads with Congress to immediately address computer chip shortage
Washington (CNN Business) The worldwide computer chip shortage is fanning the flames of inflation and limiting the supply of everything from iPhones to new cars.
Only 12% of the world's computer chips were made in the U.S. last year, according to the Semiconductor Industry Association.
1
Quote Originally Posted by fubah2:
'This is a crisis now.' Admin official pleads with Congress to immediately address computer chip shortage
Washington (CNN Business) The worldwide computer chip shortage is fanning the flames of inflation and limiting the supply of everything from iPhones to new cars.
Only 12% of the world's computer chips were made in the U.S. last year, according to the Semiconductor Industry Association.
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