Oil price: return to $45 barrel now ‘inevitable’

Oil price: return to $45 barrel now ‘inevitable’

Aug 4th, 2015 

by John Donovan. 

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August 4, 2015

A “re-test” of the $45-a-barrel low for the benchmark Brent crude oil price is “inevitable” in the near future as supply prices continue to squeeze the market, an analyst arm of Fitch Ratings has said.

The comments from BMI Research, quoted by Reuters, came in the wake of major falls on Monday that saw the price dip below $50 for the first time in six months. A price of $45 would be symbolically significant in the UK as it is the level at which petrol prices below £1 a litre become a distinct possibility.

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Posted in: Oil Prices.
Tagged: Oil Prices

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Crisis In The Arctic

Crisis In The Arctic

Aug 3rd, 2015 

by John Donovan. 

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Brigham A. McCown: CONTRIBUTOR: 3 August 2015

Last week, Greenpeace activists succeeded in temporarily halting Shell’s icebreaker, MSV Fennica, from starting its voyage out of Portland, Oregon. The vessel was to join the rest of the fleet on its way to the Artic to begin oil exploration. In defiance of a federal court injunction to halt river traffic, 13 Greenpeace activists hung off St. Johns Bridge while kayaks below blocked the waterway, preventing the ship from passing under the bridge. After a day of delays, the vessel left Oregon early Friday morning with the help of law enforcement, after a federal judge found Greenpeace in contempt and fined them $17,500 for impeding the ships progress.

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Posted in: Alaska, Arctic, Chukchi Sea, Climate Change, Environment, Forbes,Greenpeace, Gulf of Alaska, Oil, Oil Spill, Pollution, Royal Dutch Shell Plc, Shell,United States.
Tagged: Alaska · Arctic Ocean · Chukchi Sea · Gas · Royal Dutch Shell Plc

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Bernie Sanders Clearly In Pocket Of High-Rolling Teacher Who Donated $300 To His Campaign

BURLINGTON, VT—After accepting a check sent to his campaign office by a local elementary school teacher, presidential candidate Bernie Sanders was roundly criticized Monday as being firmly in the pocket of the high-rolling educator who had donated $300. “He might have the reputation of being the people’s candidate, but when your candidacy is effectively bankrolled by the multi-hundred-dollar donation of a fourth-grade teacher, it’s clear who’s really pulling the strings,” said political analyst Peter Mathews, who noted that when a check arrives with a handwritten note that says “Behind you 100 percent, Bernie!” it comes with certain expectations. “He’s already spouting off talking points about supporting unions and increasing funding for education. Where do you think he got those ideas? He might think he’s not influenced by that money, but when someone has deep enough pockets to drop $300, you pick up the phone when they call.” Mathews went on to say he wouldn’t be surprised if Sanders’ strong support for a living wage could be directly traced to the fat $20 contribution he got from a fast-food worker.

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Bernie Sanders Clearly In Pocket Of High-Rolling Teacher Who Donated $300 To His Campaign

BURLINGTON, VT—After accepting a check sent to his campaign office by a local elementary school teacher, presidential candidate Bernie Sanders was roundly...

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The staggering ratio between CEO pay and the pay of their workers

Robert Reich via Facebook.com

1 hr ·

Dunkin’ Brands CEO Nigel Travis (pictured below) is calling the decision to raise the hourly minimum wage for New York fast food workers from the current $8.75 to $15 statewide in 2021 “absolutely outrageous.” This “sudden increase,” Travis declared in a recent CNN interview, will hurt the people who run Dunkin’ franchises. Travis has enjoyed a bit of a “sudden” pay hike himself. He made $10.2 million last year -- over double his take-home the year before -- thereby upping his personal pay rate (assuming he works 50 hours a week) to $4,000 an hour. Travis says the minimum wage hike will mean “less hiring” at Dunkin’ Donuts, adding that “I don’t want to sound threatening.”

One way to reduce the staggering ratio between CEO pay and the pay of their workers would be through a corporate tax that rose with that ratio: Companies with higher CEO pay relative to their median workers would face a higher tax rate; companies with low ratios would pay a lower rate. The first step would be for companies to disclose that ratio. The 2010 Dodd-Frank Act required companies to do so, but the Securities and Exchange Commission has dragged its feet on the requirement because of intense corporate lobbying. Tomorrow, at an open meeting, the SEC votes on a proposal for such disclosure.

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Those that went are bringing back dangerous legislation

Dear Friend, Recently, ALEC held their annual conference. Legislators from all over the country flew to California to be wined and dined by big business and right wing extremists. Do you know if your legislators attended? Those that went are bringing back dangerous legislation--legislation that protects secret money in campaigns, denies climate change, and disenfranchises American voters. These corporations sponsored ALEC's annual meeting so that they could write legislation for your legislators: Please write to your legislators and ask if they attended ALEC's annual conference. We want to know which legislators are choosing corporations and which are standing up to ALEC. Thank you for all you do, Stand Up to ALEC

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Can We Disarm Yet?

Can We Disarm Yet? Rivera Sun: At Los Alamos (the cradle of the bomb), citizens will gather to mark the days with peace vigils, demonstrations, public speeches from nationally renowned activists, and trainings in nonviolence.    READ HERE shared from

TUESDAY, 4 AUGUST 2015 Ted Lieu, Are You Really in Bed with AIPAC? Lila Garrett: The thought that you would vote against this chance for peace vs. certain war is appalling to me. READ MORE Friend on Facebook Follow on Twitter Forward to a Friend Can We Disarm Yet? Rivera Sun: At Los Alamos (the cradle of the bomb), citizens will gather to mark the days with peace vigils, demonstrations, public speeches from nationally renowned activists, and trainings in nonviolence. READ HERE Older Workers Who Lose Their Jobs: What Can They Do Michael Hertz: One thing is clear: Social Security and Medicare are vital, and the Republican threat to these programs just adds to the problems that already exist. Bernie Sanders is shining a light on America's retirement fiasco. READ HERE Drug Legalization: What We Can (and Can’t) Learn from Portugal Hannah Laqueur:Decriminalization was not the libertarian panacea some advocates have implied. It was a formal shift from one arena of government to another — from criminal punishment to treatment. READ MORE Roll Call Embarrasses Congress into Considering Whistleblower Protections for Its Staff Marcy Wheeler: When Congress passes good governance laws — most notably FOIA — they tend to exempt themselves. READ HERE

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Top 5 signs your ancestors were geniuses at beating the heat

Top 5 signs your ancestors were geniuses at beating the heat

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Top 5 signs your ancestors were geniuses at beating the heat

Some find this former NBA athlete's latest career move shocking. He just wants you be happy for him.

The calm answer to the question, 'If gay people can get married, what about polygamy?'

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It's Time to Take Our Nuclear Weapons Off Hair-Trigger Alert

On the 70th Anniversary of the Bombings of Hiroshima and Nagasaki, It's Time to Take Our Nuclear Weapons Off Hair-Trigger Alert

Dear friend,

Keep America Safe The Cold War policy of keeping hundreds of U.S. nuclear weapons on hair-trigger alert threatens the safety of all Americans. Urge President Obama to take nuclear weapons off hair-trigger alert today. Remember back in 2009 when President Obama gave a speech in Prague declaring that the United States would "seek the peace and security of a world free of nuclear weapons?" That's the same year he won the Nobel Peace Prize--in large part because of that vision. Today, on the eve of the seventieth anniversary of the horrific U.S. atomic bombings of Hiroshima and Nagasaki, which killed tens of thousands of people, the risks posed by nuclear weapons remain unacceptably high. And not enough progress has been made towards this vision of a nuclear weapons-free world.  In fact, there are still more than 16,000 nuclear weapons on the planet, most of them in the United States and Russian arsenals, and most of them are many times more destructive than those dropped on Japan. Hundreds of these nuclear missiles are on "hair-trigger alert," which means they can be launched in just a matter of minutes.  Our current policies make the risk of an accidental or unauthorized launch of a nuclear weapon all too real and give the president only 8-12 minutes to decide if a nuclear attack against our country is real and whether to order a retaliatory nuclear strike.  People, machines, and computers make mistakes all the time--those mistakes shouldn't lead to an accidental nuclear war. And that's why we need your voice.  Please join with the Union of Concerned Scientists and more than 20,000 supporters to call on President Obama to take our nuclear weapons off hair-trigger alert.  It's a simple, sensible, achievable step that will make everyone on the planet safer. What's more, the president can take such an action without the approval of Congress or an agreement with Russia.  Well before President Obama took office he understood that nuclear weapons are a liability, not an asset. They have no real value nor use against the threats we face as a society today. As a presidential candidate, he even called for taking our nuclear weapons off hair-trigger alert. In his final months in office, let's hold him to that promise. President Obama needs to know the American public is behind him to give him the courage to act. This is a lasting legacy he can leave for his children, and ours. Urge Obama to take nuclear weapons off hair-trigger alert today.  Sincerely, Sean Meyer Manager of Strategic Campaigns Global Security Program Union of Concerned Scientists Mother Jones and its non-profit publisher, the Foundation for National Progress, does not endorse any political candidate, political organization, commercial product, process or service, and the views expressed in this communication do not constitute an endorsement, recommendation or favoring by Mother Jones. Mother Jones Follow For advertising opportunities see our online media kit.

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Bernie Sanders Shreds GOP Science Deniers While Applauding Obama Climate Change Initiative

Bernie Sanders Shreds GOP Science Deniers While Applauding Obama Climate Change Initiative Bernie Sanders went where the media won't while supporting President Obama's climate change initiative. Sanders bluntly called out the Republican Party for being owned by the Koch brothers, and the oil companies.      Read more »

Ted Cruz Releases Video Of Himself Cooking Bacon With A Machine Gun He didn't shoot an armadillo, but Ted Cruz demonstrates cavalier attitude towards guns that seems both sophomoric and dangerous.     Read more » Conservatives Force College Board To Revise History Classes To Fit Conservative Ideology  Republicans are opposed to an educated populace as a means of sustaining their ignorant electoral base and one particular subject has evoked outrage among conservatives because it is impossible to deny.     Read more » Editorial Cartoon: De-Bait Blowfish meets the worm...     Read more » Fox News In Hot Water As Candidate Files Federal Complaint Over Republican Debate Rules The Fox News debate is becoming the circus that many thought it would be after Republican presidential candidate Mark Everson filed a complaint with the FEC asking that the network's rules for participation in the "pre-show" debate be declared illegal.     Read more » Senate Liberals Crush Republicans As Democrats Block Bill To Defund Planned Parenthood By a mostly party-line vote, Senate Democrats powered by the liberal caucus rose up and blocked a Republican bill to defund Planned Parenthood.     Read more » Hillary Clinton Slams Jeb Bush And Scott Walker While Supporting Planned Parenthood Democratic presidential candidate Hillary Clinton slammed Jeb Bush, Scott Walker, and Rick Perry while strongly opposing the Republican bill to defund the organization.     Read more » Trump Has Commandeered The GOP Crazy Train And Republicans Are Going Off The Rails With Him Donald Trump has a big lead, and right now nobody in the Republican Party knows how to stop the runaway crazy train.     Read more » President Obama Obliterates Republican Lies With A Clean Energy Plan Fact Bomb President Obama is wise to Republican tactics which was why he preemptively destroyed their lies and misinformation about his clean energy plan during his speech today.     Read more » Bernie Sanders Shreds GOP Science Deniers While Applauding Obama Climate Change Initiative Bernie Sanders went where the media won't while supporting President Obama's climate change initiative. Sanders bluntly called out the Republican Party for being owned by the Koch brothers, and the oil companies.     Read more » Fox News’ Plan Backfires As Their Viewers Reject The Phony Republican Debate Criteria Fox News thought they could bring some order to the chaos of the Republican primary by imposing debate rules that limited the number of candidates. Instead, their plan has backfired as Republicans oppose the network's plan for the Republican debate.     Read more » Here Are The Facts You Need To Fight The Republican Lies About Obama’s Clean Power Plant Plan Republicans are doing the bidding of their fossil fuel masters by distorting President Obama's historic clean power plant plan, but here are the facts that you need to know in order to fight back.     Read more » Mike Huckabee Says he Will Use Military to Prevent Abortion Asked in Iowa how he could stop abortion when it's perfectly legal, Huckabee said, "We'll see, if I get to be president."     Read more »

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