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Reserve

OptionsHouse Dropped $100 Cash Reserve Requirement for Making a Trade
2009-08-15 17:29:00
I am not sure what role, if any, I had in this, but I was just informed by Shannon Paul, the Communications Manager of PEAK6 Online, the parent company of OptionsHouse, that the discount online broker has dropped the $100 cash reserve requirement (that’s different than account minimum, which is $1,000 to open an account) ...Original Post on The Sun's Financial Diary Special bonus offers Citi Forward Card 11,000 Bonus ThankYou Points Lending Club $25 Sign Up Bonus TradeKing $50 New Account Bonus in August OptionsHouse Dropped $100 Cash Reserve Requirement for Making a Trade
Army Reserve Major Stefan Frederick Cook Successfully Weasels His Way Out O
2009-07-16 03:38:00
Meanwhile, WorldNetDaily (”WND“) Continues To Profit From “Birther” Stance Against The President Great job, Major Stefan Frederick Cook, for your successful weaseling out of those “scary” orders of yours to head off to Afghanistan to support your... This is only a comment summary. Visit http://guntotingliberal.com to view the lastest content complete with some of the most outrageous original photoshops in the political blogosphere!
Reserve Judgement
2009-06-27 00:37:00
Earlier in the day, I had a picture of a happy 8 year old Michael Jackson up on the site, with a sentence that said that this is the way I would prefer to remember him. He was a sad, unhappy man and I am not so sure tonight that he will be in his eternal rest as I was in the morning. He may even have been a child molester. I'm not sure I want to honor him, in this ignoble death. Were he alive, I would pray that he get some professional help. His money, it seems, brought him all the wrong kinds of help, as it appears he died from an overdose of Demerol, a prescription drug. I don't know what more I can say about Michael Jackson.
Finally! Govt Fixes 3G Spectrum Reserve Prices At Rs 4,040 Crores! - A Look
2009-06-19 13:56:00
(With Inputs from Siddarth Raman) It seems that the conflict between the finance and telecom ministry related to the fixing of reserve price for 3G auction has finally come to an end. The Government has decided to fix the reserve price for 3G auction at Rs.4040 crores. It’s a collective sigh that we all heave, with bursts of applause thrown in, as we commend (though a little skeptically) the DoT on finally getting its act together. Here, at WATBlog, our attempt to keep you updated and forewarned about upcoming news in the mobile world has been frequently punctuated by news about the 3G category, most of which has been news about the delay in the auction process. 3G, for those who don’t read WATBlog regularly, is the term given to third generation mobile technology. And for those who have not kept abreast of the latest happenings, allow us to fill you. The latest news, the headline of which is above,Ā  marks the culmination of at least a YEAR of speculation regarding the ...
By: WATblog
Will the Federal Reserve Pay You to Borrow Money?
2009-04-29 04:55:00
As strange as that sounds, many moons ago I mentioned that the Fed, led by Ben Bernanke, would love nothing more than to pay people to borrow money and a study released yesterday proves I was right.  The fact is that Big Ben wants inflation so bad that he would be willing to pay others to borrow money if he could actually do that.  The study that was released yesterday morning stated that the Federal Open Market Committee (FOMC) was presented with the suggestion that the optimal interest rate would be –5%.  That’s right, supposedly the best interest rate would be to pay others 5% to borrow money, despite the fact inflation is near 2%, so the net loss on money lent would be around 7%.  That’s OK though, they don’t have to take the loss, they just pass it on to every American with increased taxes down the road.  Oh, and don’t be naive, those higher taxes will be coming, it is just a question of when. Nevertheless, since the Feds know that they canno...
Federal Reserve says it will buy Treasury securities and more mortgage-back
2009-03-18 23:24:00
Information received since the Federal Open Market Committee met in January indicates that the economy continues to contract. Job losses, declining equity and housing wealth, and tight credit conditions have weighed on consumer sentiment and spending. Weaker sales prospects and difficulties in obtaining credit have led businesses to cut back on inventories and fixed investment. U.S. exports have slumped as a number of major trading partners have also fallen into recession. Although the near-term economic outlook is weak, the Committee anticipates that policy actions to stabilize financial markets and institutions, together with fiscal and monetary stimulus, will contribute to a gradual resumption of sustainable economic growth.In light of increasing economic slack here and abroad, the Committee expects that inflation will remain subdued. Moreover, the Committee sees some risk that inflation could persist for a time below rates that best foster economic growth and price stabilit...
Federal Reserve says it will buy Treasury securities and more mortgage-back
2009-03-18 23:24:00
Information received since the Federal Open Market Committee met in January indicates that the economy continues to contract. Job losses, declining equity and housing wealth, and tight credit conditions have weighed on consumer sentiment and spending. Weaker sales prospects and difficulties in obtaining credit have led businesses to cut back on inventories and fixed investment. U.S. exports have slumped as a number of major trading partners have also fallen into recession. Although the near-term economic outlook is weak, the Committee anticipates that policy actions to stabilize financial markets and institutions, together with fiscal and monetary stimulus, will contribute to a gradual resumption of sustainable economic growth.In light of increasing economic slack here and abroad, the Committee expects that inflation will remain subdued. Moreover, the Committee sees some risk that inflation could persist for a time below rates that best foster economic growth and price stabilit...
Federal Reserve says it will buy Treasury securities and more mortgage-back
2009-03-18 23:24:00
Information received since the Federal Open Market Committee met in January indicates that the economy continues to contract. Job losses, declining equity and housing wealth, and tight credit conditions have weighed on consumer sentiment and spending. Weaker sales prospects and difficulties in obtaining credit have led businesses to cut back on inventories and fixed investment. U.S. exports have slumped as a number of major trading partners have also fallen into recession. Although the near-term economic outlook is weak, the Committee anticipates that policy actions to stabilize financial markets and institutions, together with fiscal and monetary stimulus, will contribute to a gradual resumption of sustainable economic growth.In light of increasing economic slack here and abroad, the Committee expects that inflation will remain subdued. Moreover, the Committee sees some risk that inflation could persist for a time below rates that best foster economic growth and price stabilit...
Federal Reserve says it will buy Treasury securities and more mortgage-back
2009-03-18 23:24:00
Information received since the Federal Open Market Committee met in January indicates that the economy continues to contract. Job losses, declining equity and housing wealth, and tight credit conditions have weighed on consumer sentiment and spending. Weaker sales prospects and difficulties in obtaining credit have led businesses to cut back on inventories and fixed investment. U.S. exports have slumped as a number of major trading partners have also fallen into recession. Although the near-term economic outlook is weak, the Committee anticipates that policy actions to stabilize financial markets and institutions, together with fiscal and monetary stimulus, will contribute to a gradual resumption of sustainable economic growth.In light of increasing economic slack here and abroad, the Committee expects that inflation will remain subdued. Moreover, the Committee sees some risk that inflation could persist for a time below rates that best foster economic growth and price stabilit...
Federal Reserve says it will buy Treasury securities and more mortgage-back
2009-03-18 23:24:00
Information received since the Federal Open Market Committee met in January indicates that the economy continues to contract. Job losses, declining equity and housing wealth, and tight credit conditions have weighed on consumer sentiment and spending. Weaker sales prospects and difficulties in obtaining credit have led businesses to cut back on inventories and fixed investment. U.S. exports have slumped as a number of major trading partners have also fallen into recession. Although the near-term economic outlook is weak, the Committee anticipates that policy actions to stabilize financial markets and institutions, together with fiscal and monetary stimulus, will contribute to a gradual resumption of sustainable economic growth.In light of increasing economic slack here and abroad, the Committee expects that inflation will remain subdued. Moreover, the Committee sees some risk that inflation could persist for a time below rates that best foster economic growth and price stabilit...
Confused re spinning and static reserve
2009-03-13 00:28:00
Hi folks I was wondering if someone could clear something up. I always thought that a pumped storage system would be classed as static reserve as it is at standstill waiting to generate when called upon. But I am reading that a pumped storage system is classed as spinning reserve. I now realise
Pumped Storage Systems - Static Reserve or Spinning Reserve?
2009-03-13 00:28:00
Hi folks I was wondering if someone could clear something up. I always thought that a pumped storage system would be classed as static reserve as it is at standstill waiting to generate when called upon. But I am reading that a pumped storage system is classed as spinning reserve. I now rea
British Reserve
2009-02-26 09:00:00
The British, especially the English, are more reserved than nationals of many other countries. There are established rules for everything and this gives a sense of stability to life. British life involves lots of ceremonies. ?British reserve? could be considered one of the forms of privacy that underlines many aspects of British life (Fox 2005:401). ...
Working out how much Power a factory has in reserve..
2009-02-04 23:04:00
Hi All, have read some of your threads in the past and thought one of you might be able to help. The factory I work in currently at peak consumes 69KW/h. I would like to know how much available supply is left ..How would I go about doing this calculation..All I remember frm college is P=IV and thats
Federal Reserve Chairman Asks For More Foreclosure Aid
2008-12-17 12:57:00
Ben Bernanke, Federal Reserve Chairman, told that much more has to be done by the government to fight with the problem of foreclosure. It was during a Fed conference held in Washington, D.C., that Bernanke said that other than helping the homeowners in keeping their property the Fed must take up further steps to bring ...
The Federal Reserve Power Game
2008-12-02 06:44:00
Who Controls the Money?ZIONIST JEWS CONTROL THE MONEY in America. They own & run the Federal Reserve Bank that the US government continually borrows from and is in debt to.?When a government is dependent for money upon the bankers, they and not the government leaders control the nation. This is because the hand that gives is above the hand that takes. Financiers are without patriotism and without decency.? - NapoleonThe Federal Reserve Bank is a consortium of 9 Jew-owned & associated banks with the Rothschilds at the head:$1. Rothschild Banks of London and Berlin$2. Lazard Brothers Banks of Paris$3. Israel Moses Seif Banks of Italy$4. Warburg Bank of Hamburg and Amsterdam$5. Lehman Brothers of NY$6. Kuhn, Loeb Bank of NY (Now Shearson American Express)$7. Goldman, Sachs of NY$8. National Bank of Commerce NY/Morgan Guaranty Trust (J. P. Morgan Bank - Equitable Life - Levi P. Morton are principal shareholders)$9. Hanover Trust of NY (William and David Rockefeller & Chase N...
Interest rates and reserve requirements
2008-11-09 04:24:00
I was asked the following question yesterday in the Indian Current Affairs shout-box."When Federal bank of USA reduces interest rates, what rate exactly is that with context to RBI's? Is it in relation to CRR?"The simple answer to the question is NO. The complicated answer is:US Fed announces two different rates: the discount rate and the federal funds rate. The discount rate is the interest rate charged by the US Fed on the loans it gives to commercial banks. The federal funds rate is the interest rate at which banks lend to each other overnight. The US Fed only prescribes a target federal funds rate.In contrast, the RBI announces only the bank rate. This is the same as the US Fed discount rate. There is no equivalent for the federal funds rate from the RBI. Instead, it announces its repo and reverse repo rates. Market rates (i.e., lendings and borrowings among the market participants) are determined based on these repo and reverse repo rates. Repo rate is the rate the RB...
The Big Lie of the Federal Reserve Gangsters
2008-10-05 10:28:00
Prelude to Catastrophe MovieOne Nation Under Siege (1 hour 21 min)The Federal Reserve Bank RacketThe Federal Reserve is neither Federal nor a Reserve. Owned by a corrupt group of International Bankers, it is a privately owned monopoly, largely responsible for creating America's National Debt. It is also a parasitic and unnecessary entity that literally creates American currency out of nothing and then collects interest on the backs of taxpayers for doing so.The Federal Reserve Bank is a consortium of twelve private banks which are not part of the United States Government.These private banks purchase paper notes from the U.S. mint for printing cost or simply enter digital money into their computer then lend back the money plus interest to the people through member banks. The profits go into the share holders of the bank's pocket's, the U.S. public receives no benefit.Who owns the Federal Reserve? (1.24 min)The Primary Owners of the Federal Reserve Bank Are:1. Rothschild's of Lon...
The Big Lie of the Federal Reserve Gangsters
2008-09-28 07:15:00
The Federal Reserve Bank RacketThe Federal Reserve is neither Federal nor a Reserve. Owned by a corrupt group of International Bankers, it is a privately owned monopoly, largely responsible for creating America's National Debt. It is also a parasitic and unnecessary entity that literally creates American currency out of nothing and then collects interest on the backs of taxpayers for doing so.The Federal Reserve Bank is a consortium of twelve private banks which are not part of the United States Government.These private banks purchase paper notes from the U.S. mint for printing cost or simply enter digital money into their computer then lend back the money plus interest to the people through member banks. The profits go into the share holders of the bank's pocket's, the U.S. public receives no benefit.Who owns the Federal Reserve? (1.24 min)The Primary Owners of the Federal Reserve Bank Are:1. Rothschild's of London and Berlin2. Lazard Brothers of Paris3. Israel Moses Seaf of I...
Secretary Henry M. Paulson, Jr. Federal Reserve American International Grou
2008-09-17 14:30:00
Press Briefing by Dana Perino and Secretary of the Treasury Henry Paulson VIDEO PODCASTStatement by Secretary Henry M. Paulson, Jr. on Federal Reserve Actions Surrounding AIG September 16, 2008 hp-1143Washington, DC-- Treasury issued the following statement by Secretary Henry M. Paulson, Jr. on Federal Reserve actions surrounding American International Group:These are challenging times for our financial markets. We are working closely with the Federal Reserve, the SEC and other regulators to enhance the stability and orderliness of our financial markets and minimize the disruption to our economy. I support the steps taken by the Federal Reserve tonight to assist AIG in continuing to meet its obligations, mitigate broader disruptions and at the same time protect the taxpayers. -30-FULL HISTORY: American International Group, Inc. (AIG) (NYSE: AIG)SOURCE: United States - Department of The Treasury
Federal Reserve Board, Treasury Department, authorizes Federal Reserve Bank
2008-09-17 14:17:00
Federal Reserve Board, with full support of the Treasury Department, authorizes the Federal Reserve Bank of New York to lend up to $85 billion to the American International Group (AIG) Release Date: September 16, 2008 For release at 9:00 p.m. EDT.The Federal Reserve Board on Tuesday, with the full support of the Treasury Department, authorized the Federal Reserve Bank of New York to lend up to $85 billion to the American International Group (AIG) under section 13(3) of the Federal Reserve Act. The secured loan has terms and conditions designed to protect the interests of the U.S. government and taxpayers.The Board determined that, in current circumstances, a disorderly failure of AIG could add to already significant levels of financial market fragility and lead to substantially higher borrowing costs, reduced household wealth, and materially weaker economic performance. The purpose of this liquidity facility is to assist AIG in meeting its obligations as they come due. This loan wil...
RSW Nazca G Power Reserve
2008-09-14 18:21:00
Swiss Rama Watches (RSW) introduces the oversized limited edition Nazca G Power Reserve. RSW already impressed me with the Outland announced at the BaselWorld 2008. The new Nazca G Power Reserve features a huge steel case measuring 49mm. The Nazca has a Sapphire crystal glass and crown with patented fold-out crank system. The screw-down case-back also has a sapphire crystal window. The RSW Nazca G Power Reserve is water-resistant to 10 ATM and has a Swiss-made VALJOUX movement with 42 hours power reserve. The dramatic watch has a power-reserve indicator on the dial. More details on WorldTempus and the RSW site.
Obama Has A Plan To Reduce Oil Prices And Manage Our Oil Reserve
2008-09-14 16:19:00
In the face of still high oil prices Senator Barack Obama has a plan to reduce them and via the use of a "swap" of components of our Strategic Petroleum Reserve. The Wall Street Journal covers this idea: Obama Has A Plan To Manage Our Oil Reserve By JOHN D. SHAGES September 8, 2008; Page A17 Energy is playing a pivotal role in this year's presidential election. And a crucial aspect of America's energy security not widely discussed is how to best use America's Strategic Petroleum Reserve (SPR). Sen. Barack Obama is proposing a simple maneuver -- called an exchange, or swap -- that will help lower the price of oil for consumers, increase the amount of oil in the SPR, increase energy security, and leave taxpayers better off by about $1 billion. His proposal deserves to be adopted. In 1975, after the Arab oil embargo, the U.S. created the SPR to protect against oil supply disruptions. That reserve now consists of 706 million barrels of crude oil, the largest stockpile in the wo...
Great Deal On Olde World Reserve Corojo Toro
2008-09-12 17:18:00
Cigars International has a box of 50 Olde World Reserve Corojo Toro for $199.95. The sale ends Monday, September 15 at 11:59pm EST. You can also add three free cigars to your order and a pound of Gurkha Coffee that gives your order free shipping. You get: RP Olde World Reserve Toro Corojo BOX OF 50 5 Vegas All-Star ...
Static Reserve
2008-09-07 20:32:00
Hello Could some one please tell me if static reserve is the same as non spinning reserve with regard to generation in power stations, as I can't find any information on static reserve. Thanks in advance
Cardinals place reserve outfielder on 15-day DL (AP)
2008-08-27 04:18:00
The St. Louis Cardinals placed outfielder Brian Barton on the 15-day disabled list with a strained right side muscle on Tuesday. Barton, selected in the Rule 5 draft last winter, is hitting .269 with two homers and 13 RBIs in 130 at-bats. He was injured beating out a bunt for a single during a career-best ...
Shouf Cedar Nature Reserve
2008-08-20 13:02:00
Click image Shouf Cedar Nature Reserve is not about cedars trees only, even if the nature reserve largest issue are the Lebanese cedars, but the reserve consists of some hundreds of birds, mammals, plants, trees and butterflies, where many objects exists only in this reserve. Lebanon is always a land of diversity in people and nature. ...
Reserve Mortgage For Senior Citizen
2008-08-19 16:08:00
Hello my dear friends, Money is always the best reward to encourage people. Since nowadays need money, who are rich and have a lot of money, will rule. Desperate people who need money will obey anything as long they can live in luxury. That is the common factor of corruption that happens in the world. We can not blame anybody in this issue. The drop of increase of economy and sometimes monopoly
Obama: Tap nation?s oil reserve to help gas prices
2008-08-04 18:25:00
CHICAGO (AP) - Barack Obama is proposing tapping the nation?s strategic oil reserves to help drive down gasoline prices, his campaign said Monday. Obama supports releasing light oil from the emergency oil stockpile now and replacing it later with heavier crude more suited to the country?s long-term needs, according to a campaign fact sheet. Light crude ...
Federal Reserve reports on government intervention for the housing crisis
2008-07-08 17:00:00
A Federal Reserve study released Monday states that large-scale government intervention in the US housing crisis would be counterproductive and prevent a "necessary" correction in home prices.
Reserve your iPhone 3G now in Singapore!
2008-06-10 16:48:00
SingTel and Apple have announced that they will be bringing the much anticipated iPhone 3G to Singapore later this year. But of course, this isn’t news to those of you who read my blog because I wrote an exclusive post on April 1 about the iPhone in Singapore: My source also told me that Singtel will offer the 8GB and new 16 GB iPhone models - both are 3G enabled! He said that they are still working out the pricing details. read it here izreloaded.blogspot.com
Bear Lake Reserve Real Estate
2008-06-06 04:08:00
Buying or Selling real estate in Bear Lake Reserve and have a question or comment for other property owners? Please post an entry!
Building in Bear Lake Reserve
2008-06-06 03:52:00
This is the first entry for the Building in Bear Lake Category. Anyone that is building or even thinking of building and wants to share their knowledge and experience, or lack of, with others that are building, please post an entry!
What Will The Federal Reserve Do June 25th?
2008-06-04 12:14:00
Fed Funds Implied Probability Ben Bernanke says US Monetary Policy is ‘well positioned’; Wachovia fell for second day after ousting CEO Kennedy Thompson; Analysis by Mark Howard, Barclays Capital Head of Credit Analysis. Ben Bernanke, Central Banking, Discount Rate, Fed Funds, Federal Open Market Committee FOMC, Federal Reserve, Monetary Policy, mortgage news, Mortgage Video, ...
March Air Reserve Base, California: Home For Rent, 3 bed | 1.75 bath
2008-06-03 03:30:00
3bdrm/ 2ba with 2 car garage. Appliances included. Easy frwy access to the 60, 91, and 215. Minutes from UCR and March Air Base and down town. Rent is $1350 per month and $650 dep. Includeds commu
How To Reserve Shares To Short On Hard To Borrow Stocks
2008-06-01 22:23:00
When you wanna short sell these crazy Supernovas like KYUS, PDO and FPP, you gotta grab your shares early in the morning—think 7-8am—cuz everyone wants … [visit site to read more]
Robins AFB: 352 Grand Reserve Way, Kathleen, GA, 31047
2008-05-31 20:30:00
The Escher Plan...brand new subdivision located across from Houston Lake Country Club; custom cabinets with granite tops & tile backsplash; extensive moldings; great floorplan with volume ceilings; pr
354 Grand Reserve Way, Kathleen, GA, 31047
2008-05-31 19:30:00
The Leiden Plan...brand new subdivision located across from Houston Lake Country Club; custom cabinets with granite tops & tile backsplash; extensive moldings; great floorplan with volume ceilings; pr
Robins AFB: 355 Grand Reserve Way, Kathleen, GA, 31047
2008-05-31 18:30:00
The Windmill Plan...brand new subdivision located across from Houston Lake Country Club; custom cabinets with granite tops & tile backsplash; extensive moldings; great floorplan with volume ceilings;
La Reserve, Lake Geneva
2008-05-30 05:17:00
Getting to La Reserve is super easy from London, as long as you use the Swiss service from City Airport to Geneva. Thank Heavens for London City Airport on a Bank Holiday weekend - no Heathrow, no desperate lines at security, no long queue to get on the plane. Once you land and get through passport control (with typical Swiss efficiency), it’s only a ten minute taxi ride before you are pulling into the gates of La Reserve. As you can see from the picture above, the building isn’t going to win any architectural awards, but once you get inside, this is one luxurious resort.
Quake-damaged panda reserve plans move
2008-05-29 18:50:00
The world's most famous panda reserve wants to find a new home after its current one was badly damaged by this month's deadly earthquake in China.
Data Protection and Accessibility with Tilana Reserve
2008-05-26 05:56:00
Quick and reliable exchange and storage of information is now necessary for any business who strives to be competitive in a stiffer market competition. They cannot lax. While remote web access and mobile remote file access are commonplace, there is still a need to only rely on a credible utility provided by Tilana. They will not only provide you the access you need where and when you need it, but they will also provide continuous data protection to safeguard the integrity of your data. Tilana is a SanDiego based IT company whose being managed by experienced software engineers and professionals. They in fact, "?solves the universal problem of digital content management, through continuous real time data protection and synchronization. ? Moreover, "? present the otherwise unavailable combination of true real time CDP, permanent archival, sync, remote and mobile data access, and version history as a single balanced, quickly deployed, versatile, and extensible online CDP data pr...
Central bank urged to cut reserve requirements to boost stocks
2008-05-25 07:12:00
The State Bank of Viet Nam (SBV) should reduce reserve requirements for banks to help stabilize the stock market, the Viet Nam Association of Financial Investors said. Reserve requirements for commercial banks should be cut to 8% of deposits from 11% at present, the association said in a statement on its... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Reservations about the Proposed Marine Reserve
2008-05-24 06:20:00
As reported by John Nielsen and David Malakoff on National Public Radio (May 23, 2008), the Bush administration is apparently contemplating the use of the Antiquities Act for the purpose of creating the largest U.S. marine reserve in history. Details of this plan were scant but what was reported was that thirty different potential locations (now reportedly distilled to five finalists) are under consideration for the creation of this potential reserve. Under the Antiquities Act, the president may act unilaterally in making the designation. Some may remember that back in 2006, the Papahānaumokuākea Marine National Monument, presently the single largest U.S. conservation area, covering 139,797 square miles of the Pacific Ocean (105,564 square nautical miles) was created in the same manner.As a naturalist, an ecologist, a conservationist, a bird watcher, and of course a denizen of the planet Earth, I applaud the designation of any natural area as important and worthy of protection. So...
They Voted For You: Strategic Petroleum Reserve
2008-05-16 14:40:00
Sens. Robert C. Byrd and Jay Rockefeller contributed to the 97-1 passage of an amendment that aims "to increase the supply and lower the cost of petroleum by temporarily suspending the acquisition of petroleum for the Strategic Petroleum Reserve."The U.S. House also passed the measure 385-25, with the help of Reps. Shelley Moore Capito, R-2nd, and Nick Rahall, D-3rd. Alan Mollohan, D-1st, did not vote.The Associated Press offers some details.
A BRIEF INTRODUCTION OF WOLONG GIANT PANDA NATURE RESERVE
2008-05-15 05:04:00
        As we known,Big Panda is one of the scarcest animals as the National Treasure.Not only Chinese like it very much,but also most foreigners also like it.It used to be many pandas in China long long ago.As the balance of natural was destroyed and the weather getting hotter and hotter,they became less.But the present,the number ...
Will Stopping the Oil Reserve Filling Lower Gas Prices?
2008-05-15 00:58:00
Desperate to avoid gas price riots, Congress voted yesterday to stop filling the national oil reserve. According to today’s NYT article, the ‘Strategic Petroleum Reserve’ is already 97% full and yet we continue to purchase and fill it with over 70,000 barrels a day. With oil prices hovering around $125/barrel, it’s becoming increasingly expensive to keep ...
Intense times for Gold Reserve Inc. (AMEX: GRZ)
2008-05-14 22:23:00
Gold Reserve Inc. (AMEX: GRZ) still seems unable to recover after the company's stock plummeted more than 50% since April 30, 2008, when they announced that their permit for the commencement of the construction phase of the Brisas Project in Venezuela was to be rescinded. Gold Reserves was told by the Venezualan Ministry for the Environment that the permit was to be rescinded because of the the existance of "environmental degradation and affection on the property." read more in hotstocked.com
Congress Defies Bush on Oil Reserve
2008-05-14 04:19:00
WASHINGTON (CNN) — The House of Representatives voted to direct the Bush administration to stop filling the strategic petroleum reserve temporarily in an effort to alleviate increasing gas prices. Both the House and Senate, which voted earlier Tuesday, exceeded the two-thirds vote required to override the president’s expected veto: The House vote was 385-25, the Senate ...
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