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Adversity temporarily visits a strong man but stays with the weak for a lifetime. -
Re: The Shining City Upon a Hill
Strengthens the Affordable Care Act and reduces premiums for 9 Million Americans.
The framework will reduce premiums for more than 9 million Americans who buy insurance through the Affordable Care Act Marketplace by an average of $600 per person per year. For example, a family of four earning $80,000 per year would save nearly $3,000 per year (or $246 per month) on health insurance premiums. Experts predict that more than 3 million people who would otherwise be uninsured will gain health insurance.
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Adversity temporarily visits a strong man but stays with the weak for a lifetime.Comment
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Re: The Shining City Upon a Hill
U.S. to release oil from reserves in coordination with other countries to lower gas prices
- The U.S. will release 50 million barrels of crude from the Strategic Petroleum Reserve, the White House said Tuesday.
- The move is a coordinated effort between energy-consuming nations including China and Japan to combat the rapid rise in energy prices.
- Prior to Tuesday’s announcement the Biden Administration repeatedly said that it was looking at the tools at its disposal as prices at the pump hover around a seven-year high.
President Joe Biden said Tuesday that the administration will tap the Strategic Petroleum Reserve as part of a global effort from energy-consuming nations to calm 2021′s rapid rise in fuel prices.
The coordinated release between the U.S., India, China, Japan, Republic of Korea and the United Kingdom is the first such move of its kind.
In total, the U.S. will release 50 million barrels from the SPR. Of the total 32 million barrels will be an exchange over the next several months, while 18 million barrels will be an acceleration of a previously authorized sale.
“The President stands ready to take additional action, if needed, and is prepared to use his full authorities working in coordination with the rest of the world to maintain adequate supply as we exit the pandemic,” the White House said in a statement.
“This is a well timed move to try and lower oil prices,” said John Kilduff, partner at Again Capital. “This added supply should help to bridge the production shortfall ahead of winter, especially if we get confirmation of meaningful supply, as well, from several of the major Asian consuming nations,” he added.
As of Nov. 19 the SPR held 604.5 million barrels spread across four sites, according to the Department of Energy. It takes 13 days after a presidential announcement for the oil to hit the market, according to DofE.
“The supply side support is intended to quell oil prices and keep pandemic GDP recovery on track, especially amid the backdrop of an increasingly inflationary macro environment,”
“Tapping the SPR will provide much-needed temporary relief at the pump and will signal to OPEC that they cannot recklessly manipulate supply to artificially inflate gas prices,” Senate Majority Leader Chuck Schumer said in a statement.
At 50 million barrels, Tuesday’s announced action represents one of the largest-ever release from U.S. reserves, eclipsing past interventions that saw the U.S. putting 30 million barrels onto the world market.Comment
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Re: The Shining City Upon a Hill
We wouldn't have touch those reserves if the senile old fool hadn't had such a hard on for doing away with our energy independence.
Just like everything he touches has gone to shit!
Let's Go Brandon
#FJB
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Re: The Shining City Upon a Hill
.. another Boo-bird strikes again!
... a potential drawdown of up to 8% of the Strategic Oil reserves leaves 556M barrels of oil still in the ground. Depending on market conditions the entire 50M barrels may not be needed.
The US still exports slightly more oil that it imports around the world to other countries under contractual agreements.Last edited by SalesServiceGuy; 11-23-2021, 04:59 PM.Comment
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Re: The Shining City Upon a Hill
GE's renewable energy unit said Tuesday it would manufacture zero waste wind turbine blades by the year 2030, becoming the latest operator in the sector to try to develop more sustainable production processes.
In a statement, GE Renewable Energy said its Denmark-headquartered LM Wind Power subsidiary would "reuse, repurpose, recycle or recover all the excess materials from manufacturing of blades, giving up on landfilling and incineration as waste management solutions."Comment
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Adversity temporarily visits a strong man but stays with the weak for a lifetime.Comment
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Re: The Shining City Upon a Hill
New HHS Data Show More Americans than Ever Have Health Coverage through the Affordable Care Act
31 Million People Currently Enrolled in Marketplace or Medicaid ExpansionToday, the U.S. Department of Health and Human Services (HHS) released a new report that shows 31 million Americans have health coverage through the Affordable Care Act – a record.
The report also shows that there have been reductions in uninsurance rates in every state in the country since the law’s coverage expansions took effect. People served by the health Marketplaces and Medicaid expansion have reached record highs.
99,897 Mississippi residents have gained health coverage through the Affordable Care Act.
As of February 2021, 99,897 Mississippi residents were enrolled in Marketplace coverage. Mississippi's uninsured rate fell from 17.1 percent in 2013 before the ACA to 13 percent as of 2019.
However, Mississippi has not yet expanded Medicaid under the ACA. HHS estimates that 189,000 uninsured adults would become newly eligible for Medicaid in the state if it were to expand eligibility to 138% of the federal poverty level.
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Re: The Shining City Upon a Hill
Has Black Lives Matter started murder white people again?
Milwaukee BLM 'militant' says Christmas parade attack may be start of 'revolution'
A Milwaukee Black Lives Matter activist said the Christmas parade attack in Waukesha, Wisconsin, appears to signal "the revolution" may have begun.
"I don’t know. Now we’ll have to wait and see because they do have somebody in custody. We may have to wait and see what they say about why this happened," Vaun Mayes said on Facebook Live on Monday. "But it sounds possible that the revolution has started in Wisconsin. It started with this Christmas parade."
Mayes is a well-known activist in Milwaukee. He describes himself as a "Battle rapper, Community activist, Songwriter, Tattoo artist, Militant," in his Twitter bio, which is accompanied by various hashtags, including "#BlackLivesMatter," "#BlackLoveMatters" and "#RBG."
I'm gonna need everyone to disown BLM. From now on, if you don't speak out against them, you support this terrorist organization.Adversity temporarily visits a strong man but stays with the weak for a lifetime.Comment
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