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Economics
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Current Oil Prices
Over the past year, retail prices of gasoline and heating oil have increased by almost 50 cents per gallon. Diesel fuel prices have increased by more than 50 cents per gallon. One major cause of these dramatic increases in oil prices is the rising price of crude oil. In the United States, various types of crude oil are priced by using the price of West Texas Intermediate (WTI) crude oil as the benchmark. In early 2005, WTI prices were slightly above $42 a barrel, but by September 2005, they were at $70 a barrel. Oil prices have decreased then by a few dollars a barrel, but are still at historically high levels.
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How to Invade and Destroy Venezuela in Under 10 Hours or Less
Is it possible to destroy the country of Venezuela and under 10 hours or less? Many military analysts from many different nations believe it is. The current president of Venezuela does not understand how vulnerable he is and how upset some nations are at his rhetoric.
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Iraq War Costs Will Exceed 500 Billion By 2007
Now that was certainly an expensive endeavor to take out Saddam Hussein and a couple of terrorists sons was it not? Indeed we will have spent over 500 Billion Dollars in that war by the end of 2007 and that my friends is excessive
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Federal Reserve Tightens Again Due to Inflation; Expected
The Federal Reserve has once again stair stepped its tightening of the interest rates and will do it a couple of more times or more depending on the expectation of inflation and other factors and we should expect this. Some considered that the Federal Reserve might tighten 50 basis points and they very well could have, yet there is no sense in sticker shocking the stock market.
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Sprott Analyst Has Zero Doubt on Higher Natural Gas Prices
We talked with Sprott analyst Eric Nuttall. With bloated natural gas storage levels, Natural and CBM gas stocks have gotten crushed. Is there relief in sight? What are the fundamentals which might drive natural gas prices, and subsequently stock prices, much higher, and is this a good time to invest?
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Government Certification Test Often Destroy Productivity
On-going education is important indeed and that goes for any industry. Knowing the rules and regulations is also extremely important and since the regulatory bureaucrats change the rules so often it is important to stay on top of all of them.
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Central Pennsylvanians Complain About Economy
Many in Central Pennsylvania are complaining about the economy, while much of the rest of the nation enjoys positive growth. Things in Pennsylvania are in fact getting better, but it is taking time and thus there are folks there who are not...
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Genetically Modified Crops to Make Ethanol
There are many environmental issues that must be discussed if America is to grow her own fuel. Specifically if we grow ethanol to replace gasoline and therefore breaking our addiction to foreign Middle Eastern oil and we must consider exactly how this will be done. We will need specially genetically modified crops to make ethanol which do not use too much water.
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Bio Fuels, Ethanol, Bio Diesel Tax Incentives for Distributors and Wholesales; Why?
Why should there be tax incentives for distributors and wholesalers of biofuels? Well because we need to make sure that the product gets to market. Additionally, because biofuel blends such as ethanol work much better in warmer climates. Currently most of the ethanol is sold in the northern Midwest and where it is cooler and therefore you lose 10% of the advantage of ethanol and ethanol gets 10% less fuel mileage per gallon.
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Natural Gas
Natural gas is a non-renewable source of energy and is a fossil fuel like petroleum. It is essentially composed of methane, which is a hydrocarbon. Before processing, it may have other hydrocarbons, such as butane and propane. Natural gas is odorless and it is therefore required by law to add an odorous substance to help detect it in case of leaks. Usually Mercaptan is added, which gives a pungent smell.
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The Great Depression: Causes and Effects
Decade of strong performance after the first World War, the stock market was euphoric and rose to unprecedented heights. When the economy got overheated and speculation ran rampant, a crash was unavoidable.
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