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One Year After The Election; Where Does The Trump Rally Rank?

November 8, 2017 Tyler Durden 0

Via LPLResearch.com,
It’s hard to believe, but the U.S. Presidential Election was a year ago today. Per Ryan Detrick, Senior Market Strategist,
“Although no one at the time would have believed it, the 12 months since Election Day have been …

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Will Xi Offer Trump A Small Victory On Trade As Cover For His Longer-Term Ambitions

November 8, 2017 Tyler Durden 0

On Monday, Trump pressed Japan’s Prime Minister and business leaders to reduce the $69 billion trade deficit. A couple of badly made jokes, awkward moments and an unfair singling out of the auto industry later, we expressed our scepticism that th…

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Donna Brazile Exposes “The Cult Of Clinton” – She Lost Due To “Arrogance”

November 8, 2017 Tyler Durden 0

Former Chair of The DNC, Donna Brazile, continues on her 12-step program to Clinton-sobriety today telling MSNBC’s Joe Scarborough that the “arrogant” Clinton campaign was more like “cult” than a political campaign.

As Grabien reports, Brazile said of the Clinton campaign…

“It was a cult,” 

 

“I felt like it was a cult.”

Brazile further said that the main reason Clinton lost was due to her “arrogance.”

Brazile pulls no punches…

SCARBOROUGH: “Bottom line it for us. Why did they lose? Was it, at the end of the day, arrogance?”

BRAZILE: “Yes, Joe. It was a cult, I felt like it was a cult. You could not penetrate them. I mean, I — look, you can — I’m a grassroot organizer. I know street politics better than I know sweet politics. I know how to touch people where they live, work, pray, and play. But I cannot help a candidate, Joe, if I don’t have the resources, if I cannot spend the resources that the party is raising because there’s a blind agreement between…“

BRZEZINSKI: “…Exactly…”

BRAZILE: “…A campaign…”

BRZEZINSKI: “…Unspoken even”

BRAZILE: “…And, again, I want my party to come back from this stronger. I like what Tom Perez is doing. I know he said this is not about my book. Baby, I know it’s not about my book. But it’s about making much-needed changes and reform inside the party. I’ve sat at the table. I want to make room for others to sit at the table, but you have to come into the room knowing you have to change the recipe. Yesterday was a wake-up call for the Democrats, too. Because you know what? It’s coming from the bottom up. It’s not top-down anymore. It’s bottom-up politics now.

Read more here…

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The Kurdish Oil Gamble Has Backfired

November 8, 2017 Gregory Brew 0

Since September’s independence referendum and October’s dramatic Kirkuk re-capture by Iraqi troops, the drama over Kurdish oil continues, with new developments occurring early this week. On Sunday, the government of the Kurdish autonomous region of Iraq indicated it was prepared to hand over oil facilities, airports, border points and state revenue to Baghdad, provided the central Iraqi government agreed to hand over the Kurdish share of the national budget. The long-running dispute over the country’s oil revenues is at the center…

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Oil Tycoons Make Billions In Saudi Purge

November 8, 2017 Zainab Calcuttawala 0

Oil tycoons are applauding Saudi Arabia’s recent anti-corruption raid, which has boosted the net worth of the world’s 21 largest oil tycoons by $1.4 billion, according to Bloomberg. The boost came on the back of increased crude prices as reports of the arrests emerged. The net worth of Saudi investor Prince Alwaleed bin Talal, on the other hand—one of the arrested princes—sunk to its lowest level in 5.5 years. His biggest asset, the Kingdom Holding Co., took most of the losses. The Bloomberg index of billionaires dropped…

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Does The U.S. Lead The World In Carbon Emissions Reduction?

November 8, 2017 Robert Rapier 0

In a recent interview with Fox News, Environmental Protection Agency Administrator Scott Pruitt claimed: “We are leading the nation — excuse me — the world with respect to our CO2 footprint in reductions.” The Washington Post fact-checked this claim and rated it “Three Pinocchios,” which means they rate the claim mostly false. They further wrote that Pruitt’s usage of data appeared to be a “deliberate effort to mislead the public.” I agree that this is a nuanced issue, but the…

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ConocoPhillips Extends Share Buybacks Through 2020

November 8, 2017 Tsvetana Paraskova 0

ConocoPhillips (NYSE:COP) plans to extend share buybacks for another year to boost capital spending to $5.5 billion annually through 2020, based on a flat real WTI price of $50 a barrel, in a sign that it’s targeting higher profits and shareholder returns. ConocoPhillips aims to achieve greater than 30-percent payout of cash provided by operating activities to shareholders annually, including dividends and share buybacks, the largest independent U.S. exploration and production company said on Wednesday ahead of its analyst and investor meeting…

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Is U.S. Biofuel In Jeopardy?

November 8, 2017 Haley Zaremba 0

Last week, DuPont Industrial Biosciences announced that they shut down operations at an Iowa ethanol plant just two years after it opened. As the plant closed its doors, 90 employees were told they had just 45 minutes to evacuate the premises, and any stragglers would be escorted out by the local police. A small skeleton crew remains to maintain the facility until DuPont is able to sell it. DuPont, a branch of DowDuPont Inc, made this decision to shy away from producing ethanol from corn waste at the same time a politics are shifting from biofuels…

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Tajikistan, Uzbekistan Strengthen Energy Relations

November 8, 2017 OilPrice.com 0

A source at a state-run natural gas company in Tajikistan has told media that they are finalizing negotiations to resume the import of gas from Uzbekistan after a five-year hiatus. Asia-Plus news website on November 7 cited the official at Tajiktransgaz as saying a preliminary agreement for gas deliveries was reached during recent talks in the Uzbek capital, Tashkent. No price has been set yet and there is no available information about the volumes to be imported, but the Tajiktransgaz source claimed the cost would be considerably lower than that…

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Shell To Hand Over Majnoon Stake To Iraq’s Basra Oil By 2018

November 8, 2017 Tsvetana Paraskova 0

After months of negotiations, Shell has agreed to hand over its stake in Iraq’s large Majnoon oil field to state-held Basra Oil Company by the end of the first half next year, two officials close to the talks told Reuters on Wednesday. At the Majnoon oilfield near Basra in southern Iraq, Shell is currently the operator and holder of a 45 percent stake, with Malaysia’s Petronas owning 30 percent, and Iraq’s Missan Oil Company holding the remaining 25 percent. The oilfield started production in 2014 and now produces an average of…

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