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The Next Step In Mexico’s Oil & Gas Privatization Push

Mexico’s Energy Regulatory Commission (CRE) released its first monthly price report on August 18, 2017. As part of its ongoing series of energy reforms that reduce government market controls, the Mexican government converted to a liberalized natural gas market on July 1, 2017. Along with releasing the price index report, Mexico’s pipeline system operator (CENAGAS) launched its natural gas capacity reservation system with electronic bulletin boards for posting natural gas flows. The price index system captures data on…

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Natural Gas Output In Kurdistan Set To Jump

Natural gas output in Iraqi Kurdistan is set to jump as the regional government settles a court case with a consortium of companies active in the area, according to Reuters’ conversation with Dana Gas. The Pearl Consortium – which consists of Dana, Crescent Petroleum, OMV, MOL and RWE – agreed to a $1 billion payout in exchange for violations of a 10-year-old deal to develop the Khor Mor and Chemchemal fields. Those areas are said to hold 17 trillion cubic feet in reserves, which could fulfill all of Europe’s gas needs for…

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How EIA Guestimates Keep Oil Prices Subdued

Authored by Nick Cuningham via OilPrice.com,
The EIA has once again undercut its previous estimates for U.S. oil production, offering further evidence that the U.S. shale industry is not producing as much as everyone thinks.
The monthly EIA oil product…

The post How EIA Guestimates Keep Oil Prices Subdued appeared first on crude-oil.news.

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How To Incentivize Purchasing Of Eco-Homes

Two seemingly perennial challenges concerning the UK are; the urgent need (and legal obligation) to reduce the country’s carbon emissions by 80 per cent by 2050; and the supply and affordability of homes. Part of the work we do at the British Research Establishment (BRE) is trying to come up with solutions and we think we may have found one that combats both issues at the same time. The underlying principle is simple – low energy homes have lower fuel bills. However, current mortgage affordability assessments have no way of predicting…

The post How To Incentivize Purchasing Of Eco-Homes appeared first on aroundworld24.com.

How To Incentivize Purchasing Of Eco-Homes

Two seemingly perennial challenges concerning the UK are; the urgent need (and legal obligation) to reduce the country’s carbon emissions by 80 per cent by 2050; and the supply and affordability of homes. Part of the work we do at the British Research Establishment (BRE) is trying to come up with solutions and we think we may have found one that combats both issues at the same time. The underlying principle is simple – low energy homes have lower fuel bills. However, current mortgage affordability assessments have no way of predicting…

The post How To Incentivize Purchasing Of Eco-Homes appeared first on aroundworld24.com.

Elon Musk Predicts A.I. Will Launch Preemptive Strike That Begins WW3

Elon Musk is either privy to some really disturbing technology that the rest of us can’t even begin to fathom or he is desperately crying out for help by advertising his recurring nervous meltdowns over social media.

In his latest frightening/entertaining (depending on one’s viewpoint) tweet storm, Elon predicts that artificial intelligence will be the “most likely cause of WW3” and that robots may actually initiate the outbreak of a global war if they decide that a “prepemptive strike is most probable path to victory.”

“China, Russia, soon all countries w strong computer science. Competition for AI superiority at national level most likely cause of WW3 imo.  May be initiated not by the country leaders, but one of the AI’s, if it decides that a prepemptive strike is most probable path to victory.”

China, Russia, soon all countries w strong computer science. Competition for AI superiority at national level most likely cause of WW3 imo.

— Elon Musk (@elonmusk) September 4, 2017

May be initiated not by the country leaders, but one of the AI’s, if it decides that a prepemptive strike is most probable path to victory

— Elon Musk (@elonmusk) September 4, 2017

Meanwhile, Elon would like to reassure you that North Korea should be “low on our list of concerns for civilizational existential risk” and that the greater focus should be on governments robbing companies of their AI intellectual property at gunpoint.

“NK launching a nuclear missile would be suicide for their leadership, as SK, US and China wd invade and end the regime immediately.”

 

“Should be low on our list of concerns for civilizational existential
risk. NK has no entangling alliances that wd polarize world into war.”

 

“Govts don’t need to follow normal laws. They will obtain AI developed by companies at gunpoint, if necessary.”

NK launching a nuclear missile would be suicide for their leadership, as SK, US and China wd invade and end the regime immediately

— Elon Musk (@elonmusk) September 4, 2017

Govts don’t need to follow normal laws. They will obtain AI developed by companies at gunpoint, if necessary.

— Elon Musk (@elonmusk) September 4, 2017

Should be low on our list of concerns for civilizational existential risk. NK has no entangling alliances that wd polarize world into war.

— Elon Musk (@elonmusk) September 4, 2017

Then again, maybe Elon just thinks he’s the only guy in the world who has seen the Terminator movies and that he can blatantly rip off their storyline without the rest of noticing?

The post Elon Musk Predicts A.I. Will Launch Preemptive Strike That Begins WW3 appeared first on crude-oil.news.

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Is This Country About To Revive Biofuels?

Fundação de Amparo à Pesquisa do Estado de São Paulo researchers found the use of ethanol in vehicles reduces pollution by significantly lowering the number of nanoparticles emitted. Levels of ultrafine particulate matter in São Paulo City, Brazil, increased by up to 30 percent at times when ethanol prices rose and its consumption fell. When ethanol prices at the pump rise for whatever reason, it becomes economically advantageous for drivers of dual-fuel vehicles to fill up with gasoline. However,…

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Peter Schiff: “It’s The Same Crappy Economy…Only Difference Is Trump’s Not A Candidate Anymore”

Via SchiffGold.com,

The economy is essentially the same as it was under President Obama. The big difference is how President Trump is spinning it.

During a recent interview, Joe Rogan interspersed Peter Schiff’s comments with clips of Trump before and after the election. The resulting video vividly illustrates the difference between Trump the candidate and Trump the president. Peter said candidate Trump was telling the truth.

That’s what’s really bothering me about Trump is the hypocrisy, because when Trump was a candidate and he got elected because by and large he told the truth about the phony nature of the recovery. Obama was out there talking about how great things were, and Trump was like BS, it’s not that great.”

Peter first focuses on jobs, pointing out how Trump rightly questioned low unemployment rates and positive jobs growth on the campaign trail.

Obama got credit for all those extra jobs, right? As we were destroying full-time jobs and replacing them with two part-time jobs, we got all these jobs. So, Trump was honest as a candidate … When you look at the labor force participation rate, which he would talk about – – you know where labor force participation rate is collapsing is with young people. People in their 20s and 30s can’t get jobs. Meanwhile, 70 and 80-year-olds are working in record percentages because they can’t afford to retire, and their grandkids can’t get a job … So, Trump was telling the truth about how bad the economy really was, and that resonated a lot. A lot of blue-collar guys, a lot of Democrats in the Midwest voted for Trump because he got it.

Then Peter turned to the stock market, which started its meteoric rise under Obama.

When Trump was a candidate, he talked about the stock market, because, oh, the stock market was going up when Obama was president. And Trump said, ‘Well it’s a bubble. Who cares about the stock market. This is a big, fat ugly bubble. Wait till it pops.’”

Rogan underscored Peter’s point by playing a clip of Trump speaking during one of the presidential debates.

Believe me. We’re in a bubble right now. And the only thing that looks good is the stock market, but if you raise interest rates even a little bit, that’s going to come crashing down. We are in a big, fat, ugly bubble.”

As Peter points out, Trump was absolutely right. The stock market is a giant bubble. Mainstream analysts have started to express concern about stock market valuations. Even some of the world’s big bankers are worried. But now that he’s president, Trump is taking credit for the surging market.

Now he’s president. What is he saying?

 

Every time I see him. ‘The stock market is a new record high! This is fantastic! You know, it’s all because of me. This is great!’

 

And when the job numbers come out … ‘Look how low the unemployment rate is! This is the lowest it’s been in 15 years. I’m doing a great job.’”

In fact, the president is essentially doing victory laps, bragging about how great the economy is. Rogan played a clip in which Trump basically claimed to be the best early-term president ever.

We have made incredible progress. I don’t think there’s ever been a president elected, who in this short period of time has done what we’ve done.”

As Peter points out, despite the post-election rhetoric flip-flop, nothing has changed.

This is the exact same economy he inherited. It’s the same crappy jobs. It’s the same stock market bubble. The only difference is he’s not a candidate any more.

 

He’s the president and now he’s trying to market the same crappy economy that Obama had and pretending everything is good.

 

And I wish he would stay true to the candidate and admit, you know what? The economy is still disaster, because nothing has changed, right? He was going to drain the swamp. Instead, he just poured more water in the same swamp.

The post Peter Schiff: “It’s The Same Crappy Economy…Only Difference Is Trump’s Not A Candidate Anymore” appeared first on crude-oil.news.

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US <b>crude</b> edges higher, gasoline tumbles after Harvey

NEW YORK, Sept 4 (Reuters) – U.S. crude oil prices edged higher on Monday while gasoline prices slumped to pre-Hurricane Harvey levels, as oil …The post US <b>crude</b> edges higher, gasoline tumbles after Harvey appeared first on cr…

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BBC Burma pulls Myanmar TV deal over Rohingya ‘censorship’

Author: 
AFP
Mon, 2017-09-04 13:49
ID: 
1504548412368579300

YANGON: The BBC’s Burmese language service on Monday said it was pulling a broadcasting deal with a popular Myanmar television channel citing “censorship” as the two partners clashed over coverage of the Muslim Rohingya minority.
The announcement is the latest blow to struggling press freedoms in the country and a remarkable turnaround for a news organization that famously kept Myanmar’s de facto leader Aung San Suu Kyi up to date during her long years of house arrest under junta rule.
Since April 2014, BBC Burmese broadcast a daily news program on MNTV with 3.7 million daily viewers.
On Monday the BBC said it was ending the deal after MNTV pulled multiple programs since March this year.
“The BBC cannot accept interference or censorship of BBC programs by joint-venture TV broadcasters as that violates the trust between the BBC and its audience,” a report on the BBC’s Burmese website said.
The BBC statement did not detail what content was censored.
But in a statement MNTV, a joint venture between private and state media, said it began pulling reports to comply with government orders over “restricted” words.
“The BBC Burmese program sent news that included wordings that are restricted by the state government,” the statement said.
A station official said the problematic word was “Rohingya.”
“That’s why we cannot broadcast their service,” the employee said, asking not to be named.
The Rohingya are a stateless Muslim minority in Myanmar’s western Rakhine who face severe state-sanctioned persecution and have fled in droves in recent years.
Most international media call them Rohingya because the community has long self-identified that way.
But Myanmar’s government — and most local media — call them Bengalis, portraying them as illegal immigrants from Bangladesh despite many living in the country for generations.
Last week Suu Kyi’s government called on media to only refer to militants as “extremist terrorists.”
While local media have largely complied, the order was reminiscent of the years under the junta when the press was ordered what to write.
Hopes had been high that the new government of democracy icon Suu Kyi would usher in an era of free speech when they took power last year after half a century of military rule.
Suu Kyi was confined for years to a lakeside Yangon house under the junta but used to listen to the World Service and its Burmese language offshoot on her radio.
Yet since coming to power in landslide elections, her civilian-led government has frequently clashed with the media over their coverage.
Defamation prosecutions have also soared, increasingly targeting social media satirists, activists and journalists.
A major bone of contention with foreign media is coverage of Rakhine state, which has been under an army crackdown since a small group of Rohingya militants attacked police border posts last October.
Tens of thousands of Rohingya have fled into Bangladesh while smaller numbers of Buddhist refugees have headed in the opposite direction.
The UN believes the military’s response to the militant attacks in Rakhine may amount to ethnic cleansing of the Rohingya.
Suu Kyi’s government have denied reports of atrocities, refusing visas to UN officials charged with investigating the allegations.
They have frequently condemned international media coverage and blocked press access to much of the war-torn region.

Main category: 
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Suu Kyi and Myanmar face chorus of anger over Rohingya crisis
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