Active rigs:
| 5/15/2014 | 05/15/2013 | 05/15/2012 | 05/15/2011 | 05/15/2010 | |
|---|---|---|---|---|---|
| Active Rigs | 190 | 194 | 210 | 173 | 114 |
The Wall Street Journal
Nervous investors pile into bonds.
A high-stakes US-Russian plan for destroying Syria's chemical weapons is in jeopardy on several fronts. I assume US sanctions on Russia did not help.
Well, duh. Many state governments were pulled out of the recession by a surge in tax revenue from their residents' stock-market gains. But that money spigot has slowed, leaving budget holes and debates over the reliance on the wealthy just as many governors face re-election.
The nominee for the government's top health-care job told a Senate panel the federal health agency should use the full extent of the law to recover funds deemed misspent on state insurance exchanges. Perhaps, she should start with fund misspent at the Federal level.
Bill Clinton says wife's health is great -- despite six months it took to recover from a "concussion" and, oh, yeah, that blood clot to the brain.
It looks like China will win the battle over the disputed oil between China and Vietnam. Wasn't that what the war was all about in the first place? Looks like the US bet on the wrong horse in that war also. Or, perhaps better said, Vietnam was fighting the wrong enemy.
Ukraine is close to civil war.
Air Force searches for alternatives to Russian rocket engines. This is amazing, a huge story. Obama legacy. Again. Several story lines here. It's bad enough the US isn't even making its own rocket engines any more but the nation depends on the Russians. What's wrong with that picture?
New York Times replaces top editor: the woman was "too pushy"; demanded "equal pay for equal work" ... for herself. Previously posted.
Heard on the street: Ukraine crisis is pushing Russia closer to striking a long-awaited deal to sell natural gas to China which now has leverage on price.
After building the Chinese pipeline, and sell up to 65 Billion cubic meters of NG per year to china, Maybe the European pipeline , will just run out of Gas.. Russia can sell the gas in larger quanities to a country that has the Money, ( everyone Know EU is Broke ). at a lower cost and still have plenty of Rubles. don
ReplyDeleteFor the few Americans who follow this story, it's a huge story, but somewhat "distant." Close to 99% of America will never even be aware of the story. But for the EU, it has to be a huge blow, and a huge, huge concern. China will now set the price for natural gas. I believe Russia said they plan to shut the pipeline to the Ukraine if they are not paid in full for past shipments. It will be interesting to follow.
Delete