Posts Tagged ‘oil

06
Nov
15

The President’s Day

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President Barack Obama announces his decision to reject the Keystone XL pipeline proposal. President Obama cited concerns about the impact on the environment, saying it would not serve the interests of the United States

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Secretary of State John Kerry (R) escorts U.S. President Barack Obama back to the Oval Office after Obama spoke about the Keystone XL oil pipeline, at the White House in Washington November 6, 2015. Obama on Friday rejected the proposed Keystone XL oil pipeline from Canada in a victory for environmentalists who have campaigned against the project for more than seven years. REUTERS/Kevin Lamarque

07
Apr
15

A Tweet Or Two

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President Barack Obama speaks while participating in a roundtable discussion on the impacts of climate change on public health with Vivek Murthy, U.S. surgeon general, left, Gina McCarthy, administrator of the Environmental Protection Agency (EPA), second from right, and Charlotte Wallace, sustainability coordinator at Anne Arundel Medical Center, third from right, at Howard University

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No other First Family will come close. They shouldn’t even bother trying

https://twitter.com/jaredmichaelowe/status/584840662945792000

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Vice President Biden truly is the G.O.A.T.

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https://twitter.com/TheObamaDiary/status/585498654661804032

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Some cops in this country are out of control. Kill an unarmed Black man, then plant evidence. Thank goodness he was caught on camera. May Walter Scott rest in peace

https://twitter.com/WesleyLowery/status/585564036164640768

https://twitter.com/WesleyLowery/status/585571739767287808

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https://twitter.com/WesleyLowery/status/585571005013303296

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https://twitter.com/deray/status/585569053936394241

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First, it’s too many Black people on TV!!! Now, it’s Black-ish is racist. It’s 2015. Our faces are on TV and the humongous ratings keep increasing week after week. They will deal

https://twitter.com/NerdyWonka/status/585107461058727937

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The media plays a huge part in the crappy stereotypes and narratives of POC

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Imagine the media narrative if this was Ferguson

https://twitter.com/XLNB/status/584574896925052928

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https://twitter.com/GrooveSDC/status/584608885056471041

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https://twitter.com/_M_Pulse/status/584585904242688001

https://twitter.com/7im/status/584607763226951680

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https://twitter.com/utt_jamie/status/584562804411113473

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Grammar and respecting copyright laws. It’s a liberal thing

https://twitter.com/laurenarankin/status/585465708970188801

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https://twitter.com/TheObamaDiary/status/585563050855550976

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https://twitter.com/TheObamaDiary/status/585596412903170050

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There’s pandering and then there’s Jeb

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Vile people

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Continue reading ‘A Tweet Or Two’

22
Mar
15

A Tweet Or Two

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A man calling a child a slut. Good riddance to that jerk

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So, Martese Johnson moved and because he momentarily forgot the correct zip code, he was denied entry. This bar owner is getting the side-eye

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https://twitter.com/CounterMoonbat/status/579693838677110784

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Don’s on point comment

I have no idea how much Starbucks pays their employees, but can you imagine having a job where you have to engage customers in conversations about race? You work two jobs just to keep a roof over your head and some billionaire with nothing to do sends down a fucking edict from on high forcing you to talk about something that he or she doesn’t have to worry about, let alone talk about.

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Fantastic speech

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Sigh

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CNN: The BS network; Another reason the death penalty should be abolished

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Continue reading ‘A Tweet Or Two’

19
Mar
15

A Tweet Or Two

What Democrats should have been doing for a while

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He didn’t have a fake ID yet the cops almost killed him. There but for the grace of God go Black people who somehow get home safely everyday

https://twitter.com/KrownRoyaleNY/status/578691268399788032

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This happened in Mississippi. He went missing on March 9th

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People like this can go f**k themselves

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https://twitter.com/ManikRathee/status/578662885204860928

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https://twitter.com/DavidNelsonNews/status/578659928522530816

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https://twitter.com/Our4thEstate/status/578685739359064064

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LOL. Ludacris was receiving recognition for his charity work and Jeb Bush tried to use him to look cool. After everything Luda has said, Jeb doesn’t seem to get it into his mind that he doesn’t like the Bush politicians

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https://twitter.com/TheObamaDiary/status/578634630737371136

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When your employees think #RaceTogether is dumb, you have failed, Starbucks

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Every. Freaking. Day.

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Continue reading ‘A Tweet Or Two’

06
Mar
15

A Tweet Or Two

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Some days, Twitter can be magic 🙂

https://twitter.com/MARYSKINSWEAT/status/573922588050726912

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Continue reading ‘A Tweet Or Two’

04
Mar
15

A Tweet Or Two

https://twitter.com/Karnythia/status/573206217457188865

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https://twitter.com/AdamSerwer/status/573194247584784384

https://twitter.com/WesleyLowery/status/573289632617635841

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https://twitter.com/TheObamaCat/status/573272802184318976

https://twitter.com/NerdyWonka/status/573220381915410432

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https://twitter.com/TheObamaDiary/status/573258383316426753

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https://twitter.com/WesleyLowery/status/573269106838933504

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Another proof the Mayor doesn’t give a damn about the Black residents of Ferguson

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Continue reading ‘A Tweet Or Two’

09
Nov
14

You Don’t Know What You’ve Got Until It’s Gone

Obama Facts

@RickStrandlof

05
Sep
14

President Obama And U.S. Economy: 1; Republicans: 0

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Jason Furman: The Employment Situation In August

1. The private sector has added 10 million jobs over 54 straight months of job growth, extending the longest streak on record. Today we learned that total nonfarm payroll employment rose by 142,000 in August, mainly reflecting a 134,000 increase in private employment. Private-sector job growth was revised up for July and down for June for little total revisions. Over the past twelve months, private employment has risen by a total of 2.4 million.

3. The last time the economy added 10 million private-sector jobs over four-and-a-half years was November 1996 to April 2001. There are some notable differences between the current stretch of job gains and the one that began in 1996. In particular, the manufacturing sector has added more than 700,000 jobs over the last four-and-a-half years, while it lost more than 400,000 jobs during the 1996-2001 period. 4. On a not-seasonally-adjusted basis, local government educational services employment rose by more than 200,000 in August, continuing a recent trend that has seen an increasing number of these employees return to work before September.

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MarketWatch: U.S. Manufacturers Surge Again In August, ISM Finds

U.S. manufacturing companies grew in August at the fastest pace since March 2011, a survey of executives found. The Institute for Supply Management said its manufacturing index climbed to 59% last month from 57.1% in July. That easily beat the 56.1% forecast of economists surveyed by MarketWatch. Readings over 50% indicate more companies are expanding instead of shrinking.

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Bloomberg: Chrysler Luring Toyota Owners Helps Lift U.S. Share

Chrysler is on an unprecedented winning streak. As Jeep benefits from consumers’ renewed attraction to SUVs, the company also has been aided by strong demand for Ram pickups and Town & Country minivans. That helped propel its U.S. sales up 12 percent last month, the largest increase of any major automaker, according to the average of eight analyst estimates compiled by Bloomberg. That would be Chrysler’s 53rd straight month of rising sales — about 4 1/2 years — after almost being given up for dead before its government-sponsored bankruptcy in 2009.

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Bloomberg: Saudi Arabia Oil Sales To U.S. Imperiled By Shale Boom

After years of keeping the price of crude sold to the U.S. low enough to maintain market share, Saudi Arabia is losing ground as the shale boom leaves U.S. refiners with ample supplies of inexpensive domestic oil. Arab Light crude for sale in the U.S. averaged 48 cents a barrel less than Light Louisiana Sweet, a Gulf Coast benchmark, in August, the narrowest discount in data compiled by Bloomberg back to 1991.

The U.S. imported 878,000 barrels of Saudi crude a day in the first four weeks of August, the least since 2009. Shale drilling has boosted U.S. oil output to the highest level since 1986. As refineries turn to lower-priced domestic oil to make fuel at a record pace, the Saudis and other foreign suppliers are left with dwindling slices of the market. In June, imports from Saudi Arabia accounted for the smallest share of crude processed at U.S. refineries since February 2010.

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Jeffry Bartash: U.S. Factory Orders Jump 10.5% In July On Aircraft Contracts

Orders for goods produced in U.S. factories leaped 10.5% higher in July, as expected, owing to a big surge in contracts for commercial aircraft, the Commerce Department said Wednesday. Economists surveyed by MarketWatch had expected orders to climb nearly 11%. Factory orders also rose by a revised 1.5% in June instead of 1.1% as initially reported.

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29
Jul
14

Rise and Shine

On This Day: President Obama reacts to a picture presented to him of a younger Robert Gibbs, who played soccer at North Carolina State, following a town hall meeting at Broughton High School in Raleigh, N.C. on July 29, 2009 (Photo by Pete Souza)

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Today (All Times Eastern)

11:15: The President meets with a group of House Democrats on economic issues, Roosevelt Room

12:0: White House press briefing

3:0: The President departs White House

3:25: Meets with wounded service members, Walter Reed Hospital

5:15: Departs Bethesda, Maryland

7:0 CT: Arrives Kansas City, Missouri

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The Week Ahead

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Reuters: Table For Five: Obama To Dine With Kansas City Penpals

Valerie, a single mom from Kansas City, Missouri, who owns a small business, wrote to President Barack Obama last week “in the middle of the night,” describing just how hard she works.

On Tuesday, she will get the chance to tell Obama in person as one of four people the president dines with in a visit to the midwestern city – part of a summertime White House campaign to rouse Democratic voters ahead of November midterm elections.

“Are you serious?” said Valerie – whose last name was not provided – to Josh Earnest, Obama’s press secretary, who phoned her to invite her to the dinner.

“Oh my God! I would love it!” she told Earnest in a video made by the White House.

More here

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BBC: Israel Intensifies Gaza Attacks After Netanyahu Warning

At least 60 Palestinians are said to have been killed after Israel intensified its bombardment of Gaza and warned of a long conflict ahead.

Gaza’s only power plant caught fire as Israel carried out 60 air strikes, targeting sites associated with Hamas, the Islamist group which controls Gaza.

UN staff members are said to be among those killed.

….. A huge plume of smoke rose over the strip’s only power plant after one of its fuel tanks was reportedly set alight by Israeli tank shells, and the plant was forced to shut down.

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Jesse Rosenfeld: Israel Creates ‘No Man’s Land’ In Gaza, Shrinking Strip By 40 Percent

To protect itself from Hamas rockets and tunnels, Israel is forcing tens of thousands of people out of their homes, turning their old neighborhoods into a no-man’s land.

BEIT HANOUN, Gaza — This narrow strip of land that used to be called “the Gaza Strip,” already one of the more densely populated places on earth, is growing dramatically smaller. The Israeli military, relentlessly and methodically, is driving people out of the three-kilometer (1.8 mile) buffer zone it says it needs to protect against Hamas rockets and tunnels. According to the United Nations Office for the Coordination of Humanitarian Affairs, the buffer zone eats up about 44 percent of Gaza’s territory.

What that means on the ground is scenes of extraordinary devastation in places like the Al Shajaya district approaching Gaza’s eastern frontier, and Beit Hanoun in the north. These were crowded neighborhoods less than three weeks ago. Now they have been literally depopulated, the residents joining more than 160,000 internally displaced people in refuges and makeshift shelters. Apartment blocks are fields of rubble, and as I move through this hostile landscape the phrase that keeps ringing in my head is “scorched earth.”

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Michael Hiltzik: Here’s The Single Best Analysis Of The Halbig Anti-Obamacare Ruling

Northwestern University law and political science professor Andrew Koppelman moves past the absurd legal theory underlying the Halbig ruling on the Affordable Care Act — in which a federal appeals court invalidated subsidies provided to insurance buyers on federal, as opposed to state, insurance exchanges — to ask why the lawsuit’s backers brought the case in the first place. We know the consequences of the ruling: If it stands, about 4.8 million Americans will lose their subsidies and likely their health insurance, since it would be rendered unaffordable; there are residents of as many as 36 states that let the federal government establish their exchanges.

But is that what the plaintiffs and their backers really desired? And if not, what was their real goal? Koppelman’s conclusion is that the lawsuit is a product of the “moral dysfunction” infecting the fight over Obamacare. “The opponents of Obamacare,” he writes in the New Republic, “have from the beginning found themselves driven by the logic of their position to make arguments that are increasingly morally repulsive.” In this case and others aimed at overturning the ACA, he writes, the argument is that “if you get sick and you can’t pay for it, that’s your tough luck.” Koppelman doesn’t think the plaintiffs really believe that. He thinks they’re merely out to make a narrow ideological point about government responsibility, and the 4.8 million possible victims of their campaign are merely collateral damage.

More here

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Business Insider: Israel Grants First Golan Heights Oil Drilling License To Dick Cheney-Linked Company

Israel has granted a U.S. company the first license to explore for oil and gas in the occupied Golan Heights, John Reed of the Financial Times reports.

A local subsidiary of the New York-listed company Genie Energy — which is advised by former vice president Dick Cheney and whose shareholders include Jacob Rothschild and Rupert Murdoch — will now have exclusive rights to a 153-square mile radius in the southern part of the Golan Heights.

That geographic location will likely prove controversial. Israel seized the Golan Heights in the Six-Day War in 1967 and annexed the territory in 1981. Its administration of the area — which is not recognized by international law — has been mostly peaceful until the Syrian civil war broke out 23 months ago.

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BBC: Russia ‘Violated 1987 Nuclear Missile Treaty’, Says US

Russia has violated a key arms control treaty by testing a nuclear cruise missile, the US government says.

Russia tested a ground-launched cruise missile, breaking the Intermediate-Range Nuclear Forces Treaty signed in 1987 during the Cold War, the US said.

A senior US official did not provide further details on the alleged breach, but described it as “very serious”.

The bilateral agreement banned medium-range missiles with ranges between 500 and 5,500 km (300 to 3,400 miles).

More here

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BBC: EU Set To Widen Sanctions On Russia Over Ukraine

The European Union is set to agree new sanctions against Russia, targeting its finance, energy and defence sectors over the conflict in Ukraine.

Top Russian individuals and entities are already subject to EU sanctions for their alleged role in Ukraine’s crisis.

Calls for the EU to act have been fuelled by the downing of flight MH17.

An international team has again failed to access the crash site in eastern Ukraine, amid heavy fighting between government forces and rebels there.

This is the third time in as many days that the team, which includes Dutch and Australian police officers, has had to abandon attempts to reach the site.

More here

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Michael Felberbaum: US Court: Virginia Marriage Is For All Lovers

Virginia’s same-sex marriage ban was ruled unconstitutional on Monday in the first such decision by a federal appellate court in the South. “We recognize that same-sex marriage makes some people deeply uncomfortable. However, inertia and apprehension are not legitimate bases for denying same-sex couples due process and equal protection of the laws,” Judge Henry F. Floyd wrote. The 2-1 ruling applies throughout the circuit that also includes West Virginia, Maryland, and the Carolinas, where the attorneys general split Monday on what they’ll do next. Virginians voted 57 percent to 43 percent in 2006 to amend their constitution to ban gay marriage.

Virginia laws prohibit recognizing same-sex marriages performed in other states. Floyd said such measures “impermissibly infringe on its citizens’ fundamental right to marry.” The 4th U.S. Circuit Court of Appeals in Richmond is the second federal appellate court to overturn gay marriage bans, and the first to affect the South, a region where the rising tide of rulings favoring marriage equality is testing concepts of states’ rights that have long held sway. Gay marriage proponents have won more than 20 legal decisions around the country since the U.S. Supreme Court struck down part of the federal Defense of Marriage Act last year. Most are still under appeal. More than 70 cases have been filed in all 31 states that prohibit same-sex marriage. Nineteen states and the District of Columbia allow such marriages.

More here

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CNBC: US Confidence Jumps In July As Consumers See Better Days Ahead

Consumers grew more confident about the economy in July, The Conference Board reported on Tuesday, with stock markets perched near record highs and expectations building for the recovery. The Conference Board’s Consumer Confidence Index rose to 90.9, higher than expectations and above the prior month’s showing of 86.4. That was the component’s highest since October 2007.

More here

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On This Day

 President Obama eats a peach following a town hall meeting at Kroger’s Supermarket in Bristol, Va. on July 29, 2009. Seconds later, the President handed a dollar bill to the CEO of Kroger’s, who attended the event (Photo by Pete Souza)

President Obama listens to a question at a town hall meeting at Broughton High School in Raleigh, N.C. on July 29, 2009 (Photo by Lawrence Jackson)

The hands of U.S. Secret Service agents as President Obama shakes hands along a rope line following a health care town hall meeting at Broughton High School in Raleigh, N.C on July 29, 2009 (Photo by Pete Souza)

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Crime victim Lisa Marie Iyotte gets emotional while introducing President Obama before he signed the Tribal Law and Order Act during a ceremony in the East Room at the White House, on July 29, 2010

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First Lady Michelle Obama greets U.S. military families at Royal Air Force Mildenhall, England, July 29, 2012

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President Obama greets former Secretary of State Hillary Rodham Clinton in the Outer Oval Office, July 29, 2013 (Photo by Chuck Kennedy)

President Obama has lunch with former Secretary of State Hillary Rodham Clinton on the patio outside the Oval Office, July 29, 2013 (Photo by Chuck Kennedy)

President Obama meets with Secretary of State John Kerry in the Oval Office, July 29, 2013 (Photo by Chuck Kennedy)

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07
Jul
14

Rise and Shine

On This Day: President Obama greets departing Associate Counsel to the President Alison J. “Ali” Nathan, left, Meg Satterthwaite, and their twin sons Oliver and Nathan, in the Outer Oval Office, July 7, 2010 (Photo by Pete Souza)

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Today (All Times Eastern)

11:30: Josh Earnest briefs the press

12:10: The President hosts a group of teachers for lunch

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The Week Ahead

Tuesday: The President will welcome NATO Secretary General Anders Fogh Rasmussen to the White House, ahead of the NATO summit in Wales this September. In the evening, he will depart for Denver, Colorado, where he’ll spend the night.

Wednesday: In Denver, the President will attend a DSCC fundraising event. He will then travel to the Dallas, Texas area for a DCCC event. In the evening, he will travel to Austin, Texas, where he’ll attend a DNC event and remain overnight.

Thursday: While in Austin, the President will attend a DNC event, and will deliver remarks on the economy, before returning to the White House.

Friday: The President will attend meetings at the White House.

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Spandan Chakrabarti: Barack Obama Bests Bill Clinton’s Private Sector Job Creation Record

the Labor Department released the employment figures for June, and the jobs numbers blasted through market predictions. June saw an addition of 288,000 jobs, compared to the 215,000 predicted by analysts. The unemployment rate fell to 6.1%, the lowest since before the beginning of the Bush economic collapse in September of 2008 – that’s a 1.4 percentage point drop in the last 12 months, the sharpest decline in nearly 30 years. The economy under President Obama’s leadership – and despite the Great Wall of Republican obstructionism – is not only showing signs of completing recovery from the worst economic calamity in American history save for the Great Depression,

it is now showing signs of coming back to the life it had before the previous administration began to mess with it. June marks 52 straight months of private sector job growth, the longest ever on record, beating out Bill Clinton’s record of 51 continuous months of private sector job growth from February 1996 to April 2000. The economy has added more than 200,000 jobs for five months in a row now, the longest such streak since 1999. In the first half of this year alone the economy has added 1.4 million jobs, another accomplishment not seen since 1999.

More here

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Darlene Superville: First Lady Bucks GOP On School Lunch Rules

First ladies typically avoid getting into public scraps, but Michelle Obama has jumped into perhaps her biggest battle yet. She’s fighting a House Republican effort to soften a central part of her prized anti-childhood obesity campaign and says she’s ready “to fight until the bitter end.” Mrs. Obama even mocked the GOP effort in an opinion column and argued her case on Twitter. “Remember a few years ago when Congress declared that the sauce on a slice of pizza should count as a vegetable in school lunches?” she wrote in The New York Times. “You don’t have to be a nutritionist to know that this doesn’t make much sense. Yet we’re seeing the same thing happening again with these new efforts to lower nutrition standards in our schools.” Mrs. Obama lobbied largely behind the scenes four years ago for the Healthy Hunger-Free Kids Act of 2010, which requires more fruit, vegetables and whole grains in school meals, along with less sodium, sugar and fat.

It was a major achievement, the first update to school lunch rules in decades designed to make school meals more nutritious. Mrs. Obama says the requirements are based on sound science and that 90 percent of schools are meeting them. The association says districts are unprepared to meet the newest standards. “I’m going to fight until the bitter end to make sure that every kid in this country continues to have the best nutrition that they can have in our schools,” the first lady said at a White House event where she showcased elementary school students preparing and then eating a salad lunch using vegetables they had planted in her garden on the South Lawn. The White House has threatened to veto the House bill. The Senate version does not include the one-year waiver.

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Sally Kohn: Dear Speaker Boehner: Do Your Job Instead

President Theodore Roosevelt enacted 1,081 executive orders during his presidency. President Dwight Eisenhower had 484. President Ronald Reagan had 381. And President George W. Bush had 291. President Barack Obama has enacted 182 executive orders — yet the GOP accuses him of being an “imperial president,” and Republican members of the House of Representatives are preparing to sue him for violating the Constitution. With all due respect, Speaker Boehner, it’s as though the fog of extreme partisanship that has colored your dealings with President Obama since day one has suddenly turned into a full-on fever of irrationality. Think about this for just a second: House Republicans are using taxpayer dollars to fund a lawsuit against a President who has literally done not only what every president before him has done but has done it less often and is doing so now only because

House Republicans repeatedly refuse to even vote on legislation, let alone pass anything. And you have the gall to accuse the President of being the one in violation of the Constitution? Even more frustrating is how your repeated attacks on the President fall factually flat. In your essay for CNN, you write: “After years of slow economic growth and high unemployment under President Obama, they are still asking, ‘where are the jobs?’ ” This is a particularly laughable assertion given last week’s jobs report, which noted our economy added 288,000 jobs in June, marking 52 straight months of continuous job growth. Overall, under President Obama’s leadership, the private sector has added 9.7 million jobs and an economy that was in free fall when he was elected is now in a steady recovery.

More here

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Matt Apuzzo: Students Joining Battle To Upend Laws On Voter ID

Civil rights groups have spent a decade fighting requirements that voters show photo identification, arguing that this discriminates against African-Americans, Hispanics and the poor. This week in a North Carolina courtroom, another group will make its case that such laws are discriminatory: college students. Joining a challenge to a state law alongside the N.A.A.C.P., the American Civil Liberties Union and the Justice Department, lawyers for seven college students and three voter-registration advocates are making the novel constitutional argument that the law violates the 26th Amendment, which lowered the voting age to 18 from 21. The amendment also declares that the right to vote “shall not be denied or abridged by the United States or any state on account of age.” Over the past decade, Republicans have campaigned to tighten rules for voters, including requirements for photo ID, in the name of preventing fraud. Democrats have countered that the real purpose of those laws is to make voting more difficult for people who are likely to vote Democratic.

In Ohio, legislators proposed a law that would have cost colleges millions of dollars for helping out-of-state students vote locally. The measure died amid criticism from state schools. In Maine, the Republican attorney general — at the behest of the state party chairman — investigated 200 students for fraud. After finding no evidence, he sent the students a letter warning them to register their cars in Maine or to cancel their voter registrations. In Texas, voters must show a photo ID. A state handgun license qualifies, but a state university identification card does not. North Carolina students have also complained of government efforts, distinct from the new voting law, to shut down voting sites at Appalachian State University and Winston-Salem State University.

More here

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BBC with the “DUH!” question of the day. But, a very interesting article nonetheless.

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Philip Rucker: Bloomberg’s Gun Group To Start 2014 Midterms Strategy By Surveying Candidates

The gun-control group founded by former New York mayor Michael R. Bloomberg (I) will begin surveying all federal candidates in the 2014 midterm elections on gun issues Monday as it tries to become a political counterweight to the National Rifle Association. Bloomberg’s group, Everytown for Gun Safety, is asking all Senate and House incumbents and candidates to complete a 10-part questionnaire stating publicly where they stand on issues such as expanding background checks for gun buyers, limiting the capacity of ammunition magazines and toughening gun-trafficking statutes.

Bloomberg has since started the new group, Everytown, merging the mayors coalition and Moms Demand Action for Gun Sense in America. Everytown’s goal is to create a grass-roots movement to pressure not only Congress but also state legislatures. It is using data-driven organizing techniques from Barack Obama’s 2008 and 2012 campaigns to expand its network of supporters, which now totals nearly 2 million.

More here

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Grant Smith: U.S. Seen As Biggest Oil Producer After Overtaking Saudi Arabia

The U.S. will remain the world’s biggest oil producer this year after overtaking Saudi Arabia and Russia as extraction of energy from shale rock spurs the nation’s economic recovery, Bank of America Corp. said. U.S. production of crude oil, along with liquids separated from natural gas, surpassed all other countries this year with daily output exceeding 11 million barrels in the first quarter, the bank said in a report today. The country became the world’s largest natural gas producer in 2010. The International Energy Agency said in June that the U.S. was the biggest producer of oil and natural gas liquids.

“The U.S. increase in supply is a very meaningful chunk of oil,” Francisco Blanch, the bank’s head of commodities research, said by phone from New York. “The shale boom is playing a key role in the U.S. recovery. If the U.S. didn’t have this energy supply, prices at the pump would be completely unaffordable.” Oil extraction is soaring at shale formations in Texas and North Dakota as companies split rocks using high-pressure liquid, a process known as hydraulic fracturing, or fracking. The surge in supply combined with restrictions on exporting crude is curbing the price of West Texas Intermediate, America’s oil benchmark.

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NBC News: Pope Francis Meets Abuse Victims, Begs Forgiveness For Church

Pope Francis begged forgiveness for the Church on Monday and cited the need for “reparation” as he met with victims who had suffered at the hands of Roman Catholic priests. The pontiff invited six victims of abuse from Ireland, Germany and Britain to attend an early-morning private Mass at the Domus Sanctae Marthae, the residence next to St. Peter’s Basilica where he lives. Francis called the abuse a “grave sin” decrying how it was hidden for “so much time” and “camouflaged with a complicity that cannot be explained.” “I ask for the grace to weep, the grace for the Church to weep and make reparation for her sons and daughters who betrayed their mission, who abused innocent persons,” the pope said in his homily. “I beg your forgiveness, too, for the sins of omission on the part of Church leaders who did not respond adequately to reports of abuse.”

He said abusive priests’ actions “profane the very image of God” and are “more than despicable.” Francis strongly praised the victims’ courage in speaking up and shedding “light on a terrible darkness,” telling the mass he is deeply aware of their deep and unrelenting pain. The pope then met privately with the victims, spending at least half an hour with each. While Francis’ predecessor met with abuse victims several times during his pontificate, this was the first time a pope had received victims inside the Vatican. The meeting was first announced by the pope on his flight back from a visit to the Holy Land, when Francis noted called child sex abuse “very serious” and “like celebrating a satanic mass.”

More here

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The Denver Post: Colorado Claims Contraceptive Program Caused Big Drop In Teen Birth Rates

A state health initiative to reduce teen birth rates by providing more than 30,000 contraceptive devices at low or no cost has led to a 40 percent drop in five years, Gov. John Hickenlooper said Thursday. The Colorado Family Planning Initiative, funded by a private anonymous donor for five years, has provided intrauterine devices and other implants to low-income women at 68 family-planning clinics across Colorado since 2009. The clinics are in local health departments, hospitals and private nonprofit facilities. The program also provided training and technical assistance to family planning clinics statewide. “When families are planned and women have children when they’re ready and want them … it’s really a better situation for everyone,” Hickenlooper said during his state Capitol news conference. Seven of every 10 teen pregnancies in Colorado are unintended, officials said.

The decline in births among girls 15 to 19 years old served by the program accounted for three-quarters of the overall decline in the Colorado teen birth rate, the state said in a news release. That rate has fallen from 37 births per 1,000 girls in 2009 to 22 in 2013, officials said. The teen abortion rate dropped 35 percent from 2009 to 2012 in those counties where the initiative is in place, Hickenlooper said. The family-planning program has saved $5.68 in Medicaid costs for every dollar spent on the contraceptives, the state said. The state has saved millions in health care expenditures — $42.5 million in public funds in 2010 alone based on the latest available data.

More here

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On This Day

First Lady Michelle Obama hugs an elderly nurse while holding a traditional Russian matreshka nesting doll during a visit to the Sisters of Mercy St. Dmitry Nursing College in Moscow, July 7, 2009

President Obama meets with Prime Minister Vladimir Putin at his dacha outside Moscow, Russia, July 7, 2009 (Photo by Pete Souza)

President Obama meets with Mikhail Gorbachev, former leader of the Soviet Union, in Gostinny Dvor, Russia, Tuesday, July 7, 2009 (Photo by Pete Souza)

President Obama greets attendees, including Oksana Yurievna the top graduating student, at the New Economic School graduation in Gostinny Dvor, Russia, July 7, 2000 (Photo by Pete Souza)

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First Lady Michelle Obama leaves the Department of Treasury, in Washington, D.C., July 7, 2010, following her 20th agency visit to thank employees for their public service (Photo by Chuck Kennedy)

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