Murphy is the perfect Chuck Schumer recruit-- a slimy Schumercrat as corrupt as they come. Yesterday we looked at how he's been selling his vote for campaign cash in regard to EB-5 visas, something I thought only real low-life Republicans did. Oh...
by Gaius Publius"I owe almost my entire Wall Street career to the Clintons" (he does mean both). —Wall Street trader Chris Arnade I recently read Joan Walsh's passionate endorsement of Hillary Clinton, and while she speaks for herself, it's obvious that many people feel as she does. It's long past time for a woman to be nominated and long past time for the vicious, sexist and puerile attacks on her to cease.
21st Century Wire says…
For the second straight year running, we are seeing a drop in oil prices and this translates to savings at the pump with many US states now enjoying prices below $2.00 per gallon. It’s also good for small to medium size businesses and translates into lower food prices (lower cost of transportation).
It also means that Fracking shale industry is no longer viable economically – which is good news if you are a fan of clean ground water.
It is not a matter of “if” but rather a matter of “when” the entire complex goes under and when that happens, the relatively paltry sums banks have set aside against losses in their energy books will balloon as everyone on Wall Street simultaneously pulls a BOK Financial.
The post A Glimpse Of Things To Come: Bankrupt Shale Producers “Can’t Give Their Assets Away” appeared first on BSNEWS.
Oil prices have been crashing for months, dragging the entire stock market down with them.
The post Oil Prices Slide so Far Some Crude Is Now Worth Literally Less than Nothing appeared first on The Anti-Media.
On Wednesday, 2 energy companies asked a judge to toss out a lawsuit by an Oklahoma woman who alleges she was injured in an earthquake caused by the injection of fracking wastewater deep into the ground.
Oklahomans never would have guessed 10 years ago – even 5 years ago – that their state would soon lead the world in earthquakes, but that’s the situation they find themselves in today and experts are warning the “Big One” is coming.
More than 5,000 earthquakes have struck the state just this year. Whether Oklahomans are getting used to the shaking or not, they’ve been warned that the magnitude of the quakes will only grow in severity, and they could be even stronger than the 5.6 temblor that hit the state in 2011. [1]
Rolling Stone reporter Jeff Goodell tagged along on President Obama’s recent climate-change themed trip to Alaska. Goodell’s report included an interview with the President. The interview provides a window into central features of Barack Obama’s politics and policies.
Style Over Substance
Tom Guild (OK-05)With the renewable energy sector already creating far more jobs-- and far better jobs-- than fossil fuel extraction, its difficult to understand why Republicans are so hysterically opposed to the thriving new industry. Difficult until you look at the Big Oil & Gas payroll for Congress. Last year alone, Big Oil and Gas rewarded their Republican congressional allies with $26,850,111 in legalistic bribes.
Earthquakes used to be more of a rarity in Oklahoma. An average of 2 quakes typically shook the state in a year’s time. But that was long ago. Now, the ground rock Oklahomans’ world hundreds of times a year.
In 2014, 585 quakes of a magnitude 3.0 or larger rattled Oklahoma – 3 times the number that rocked California. So far this year, 600 quakes have rattled the area, with the largest being a 4.5 striking the small town of Crescent. Scientists point to oil and gas drilling as the cause. [1]
