Pages

Wednesday, March 12, 2014

Continental Resources Reports Three Completions In Richland County, Montana; Let's See, Spring In Washington, DC, And The Global Warming President Is Buying Sweaters For His Daughters (Off-Limits To The Press); March, 2014

The Fairfield Sun Times is reporting:
  • Levengood 3-5H, TD = 14,038 feet; 688 bopd
  • Levengood 4-5H, with two laterals, TD = 10,317 feet and 13,887 feet; 633 bopd
  • Levengood 5-5H, TD = 13,980 feet; 583 bopd
***********************************

Summertime Sadness, cover, Miley Cyrus

**********************************
Global Warming, ObamaCare, The Diplomatic Crisis In The Ukraine

Ukraine is turning into a diplomatic exercise to have US send Europe more natural gas. Multiple sources. So much for the "military crisis."
USA experiencing coldest six months since 1912; Democrats holding 24-hour telethon on global warming to get folks' minds off ObamaCare. The graphic at the linked site is quite remarkable; even warmists should be able to read the graph.

Oklahoma man says he lost insurance due to ObamaCare; says he owes $100,000 in medical bills. I have no idea if the story is accurate. But there are two story lines here: first, ObamaCare allowed insurers to cancel all policies that were costing them money (this was a no-brainer); and, second, we'll be hearing a lot of stories like this. Few of the stories will be confirmed, but the veracity will be seen in 3Q14, 4Q14, and 1Q15 quarterly earnings reports by the insurers, and by the premiums that will be posted in October 2014 for calendar year 2015. It ain't gonna be pretty.

The Brits can see through this scam:
As of March 1 about 4.2 million Americans had signed up for medical insurance coverage through the Affordable Care Act, according to numbers released Tuesday by the Obama administration. But it remains unclear how many of those enrollees have put their money where their mouse is.
Combined figures published by Obamacare marketplaces in California, Connecticut, Maryland, Nevada, Rhode Island, Vermont and Washington indicate that just 79 per cent of signups in those states have come with checks attached. If those numbers were to hold up nationally, it would mean that about 1.1 million Obamacare enrollees have selected insurance plans without paying for them – bringing the actual total of Obamacare-insured Americans down to 3.3 million.
But this is the bigger problem. No matter how many or how few sign up, if the "wrong" type sign up (the old and the sick) the program will be in even worse shape than insurers can imagine.
The Cover Oregon health insurance exchange is one of the worst in the country at attracting younger enrollees, according to a new federal report. 
Only 18 percent of those who've enrolled through the Oregon exchange fall between the ages of 18-34, a healthier age bracket considered crucial to keeping future premiums down. The age-related data for Oregon is available for the first time. 
The Oregon number, which ties with West Virginia as the nation's worst, falls well below the national average of 25 percent. The national goal was about 40 percent. Exchange officials and insurers had expected a higher portion of enrollees would be young, and premiums were set accordingly.
HHS is already in over their heads, if I read this correctly, the department is admitting they "broke the law" by extending the open enrollment period as long as they did:
On a conference call with reporters Tuesday afternoon, officials at the Department of Health and Human Services insisted that March 31 is the firm deadline to sign up for Obamacare. "We have no plans to extend the open enrollment period," HHS official Julie Bataille said. "In fact, we don't actually have the statutory authority to extend the open enrollment period in 2014."  [But we did anyway; who are you going to call?]
Adult leadership? I'm beginning to think that come 2016, the majority of Americans are going to agree, "we need some adult leadership around here." Now that the president has drawn another "red line" in the "Black Sea" he's out shopping for sweaters for his daughters. Sweaters? I thought a) global warming; and, b) cherry blossom time -- i.e., spring -- is right around the corner in Washington. Sweaters?
On Tuesday, President Obama took Air Force One to New York to stop at the Gap in order to flog his case against income inequality. And there, Americans learned he had no idea how to use a credit card machine.
According to the White House press pool, Obama visited Gap because the company recently announced that it would voluntarily increase wages for employees. After telling employees that “the ladies will be impressed by my sense of style,” Obama then picked up a couple of sweaters for his girls, Sasha and Malia.
Upon checking out, however, the problems began. Obama took out his credit card and began handing it to the cashier, who told him that he could swipe his credit card in the automated machine. “Oh, wow,” Obama said, “so you can sign the machine?” He then said he was kidding: “They had these around the last time I shopped.”

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.