Tips For Giving This Holiday Season (jdargis)
Share your intentions and make a commitment: It is impossible for a charity to be successful without committed supports. So, once you have found a high-performing charity that matches your passion, make a commitment to it with the understanding that you are a partner in the charity’s efforts to bring about real change. And don’t hesitate to tell the charity of your giving plans so that the organization knows it can rely on you and it doesn’t have to waste resources by sending you too many solicitations.
Over time, humans have cut down or damaged at least three-quarters of the world’s forests, and that destruction has accounted for much of the excess carbon that is warming the planet.
After so much hype and billions of dollars in investment, the nation is deluged with gas and not enough pipelines to carry the bounty to consumers. One energy company after another, year after year, has written off or slimmed down its investments here and in Texas and Louisiana.
But not Southwestern Energy, a Houston-based company that has risen from being the nation’s 40th to become the fourth-largest producer of natural gas. Southwestern’s discovery of the Fayetteville shale field a decade ago, and its quiet leasing of the heart of the field at bargain prices, made the company a power. Since 2007, Southwestern’s Fayetteville production has risen 800 percent and its reserves are up 570 percent. It still drills more than 30 new wells every month here.
Jeffrey Nichols, Senior Economic Advisor to Rosland Capital, says that 2015 promises to be a good year for gold investors. While the near-term price outlook remains uncertain, he feels fairly confident that gold will be considerably higher at this time next year – and on its way to new historic highs in the years ahead. He sees the following drivers. U.S. economic performance and monetary policy is key – but under almost any economic scenario, he sees gold appreciating. Wall Street’s booming stock and bond markets have been tough competitors to gold but he expects a dose of realism and a substantial correction on Wall Street will reverse the flow of investment and speculative funds away from stocks and bonds back into gold. He also points to the insatiable appetite for gold in China, India, and other East Asian markets. Last but not least, a growing number of central banks will continue buying gold.
A number of sources confirm that South Korea has asked for China’s assistance in the matter and quote an unnamed official as saying the country isn’t pointing the finger at its neighbor: “There is a possibility that the IP addresses in China are not the final source but used in a routing.” But suspicion isn’t directed at China itself; rather, it’s suspected that North Korean agents were using the Chinese city for their activities.
After a precipitous drop, to less than $60 a barrel from around $115 a barrel in June, oil prices settled at a low level this week. Their fall, even if partly reversed, was so sharp and so quick as to unsettle plans and assumptions in many governments. That includes Mr. Putin’s apparent hope that Russia could weather Western sanctions over its intervention in Ukraine without serious economic harm, and Venezuela’s aspirations for continuing the free-spending policies of former President Hugo Chávez.
The Positive Side Of Low Oil Prices (Evan K.)
In a year of plummeting oil prices and the dismay it brings to producers and traders, two senior economists at the International Monetary Fund (IMF) haven’t taken their eyes off the bright side, something that every oil customer already knows: Cheap oil can be very, very good. In fact, they wrote in a blog on Dec. 22 that the low price of oil could increase global gross domestic product (GDP) in 2015 by between 0.3 and 0.7 percent above the Fund’s baseline world growth forecast of 3.8 percent, made in October. The assessment was made by two of the IMF’s highest-ranking officials, Olivier Blanchard, its chief economist, and Rabah Arezki, the head of the Fund’s commodities team.
The largest vessel the world has ever seen (westcoastjan)
In terms of sheer volume, Prelude is mind-boggling too: if you took six of the world’s largest aircraft carriers, and measured the total amount of water they displaced, that would just about be the same as with this one gigantic vessel.
Under construction for the energy giant Shell, the dimensions of the platform are striking in their own right – but also as evidence of the sheer determination of the oil and gas industry to open up new sources of fuel.
Gold & Silver
Provided daily by the Peak Prosperity Gold & Silver Group
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