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Jennifer Carroll MacNeill, Minister of State in Dept of Finance and Pearse Doherty, Sinn Féin Finance Spokesperson.
Welcome to The Nonlinear Library, where we use Text-to-Speech software to convert the best writing from the Rationalist and EA communities into audio. This is: Making better estimates with scarce information, published by Stan Pinsent on March 22, 2023 on The Effective Altruism Forum. TL;DR I explore the pros and cons of different approaches to estimation. In general I find that: interval estimates are stronger than point estimates the lognormal distribution is better for modelling unknowns than the normal distribution the geometric mean is better than the arithmetic mean for building aggregate estimates These differences are only significant in situations of high uncertainty, characterised by a high ratio between confidence interval bounds. Otherwise, simpler approaches (point estimates & the arithmetic mean) are fine. Summary I am chiefly interested in how we can make better estimates from very limited evidence. Estimation strategies are key to sanity-checks, cost-effectiveness analyses and forecasting. Speed and accuracy are important considerations when estimating, but so is legibility; we want our work to be easy to understand. This post explores which approaches are more accurate and when the increase in accuracy justifies the increase in complexity. My key findings are: Interval (or distribution) estimates are more accurate than point estimates because they capture more information. When dividing by an unknown of high variability (high ratio between confidence interval bounds) point estimates are significantly worse. It is typically better to model distributions as lognormal rather than normal. Both are similar in situations with low variability, but lognormal appears to better describe situations of high variability.. The geometric mean is best for building aggregate estimates. It captures the positive skew typical of more variable distributions. In general, simple methods are fine while you are estimating quantities with low variability. The increased complexity of modelling distributions and using geometric means is only worthwhile when the unknown values are highly variable. Interval vs point estimates In this section we will find that for calculations involving division, interval estimates are more accurate than point estimates. The difference is most stark in situations of high uncertainty. Interval estimates, for which we give an interval within which we estimate the unknown value lies, capture more information than a point estimate (which is simply what we estimate the value to be). Interval estimates often include the probability that the value lies within our interval (confidence intervals) and sometimes specify the shape of the underlying distribution. In this post I treat interval estimates as distribution estimates as the same thing. Here I attempt to answer the following question: how much more accurate are interval estimates and when is the increased complexity worthwhile? Core examples I will explore this through two examples which I will return to later in the post. Fuel Cost: The amount I will spend on fuel on my road trip in Florida next month. The abundance of information I have about fuel prices, the efficiency of my car and the length of my trip means I can use narrow confidence intervals to build an estimate. Inhabitable Planets: The number of planets in our galaxy with conditions that could harbour intelligent life. The lack of available information means I will use very wide confidence intervals. Point estimates are fine for multiplication, lossy for division Let's start with Fuel Cost. Using Squiggle (which uses lognormal distributions by default; see the next section for more on why), I enter 90% confidence intervals to build distributions for fuel cost per mile (USD per mile) and distance of my trip (miles). This gives me an expected fuel cost of 49.18USD What if I had used point estimates? I can check this by performing the same calculation using the expected values of each of the distrib...
Grocery tax cut legislation advances at the State Capitol.Lawsuits are getting filed over winter storm fuel costs from 2021.The federal government helps central Oklahoma with infrastructure costs.You can find the KOSU Daily wherever you get your podcasts, you can also subscribe, rate us and leave a comment.You can keep up to date on all the latest news throughout the day at KOSU.org and make sure to follow us on Facebook, Twitter and Instagram at KOSU Radio.This is The KOSU Daily, Oklahoma news, every weekday.
Kia ora,Welcome to Friday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we start with news international travel may be back on the agenda for many, but it is likely to cost a lot more post-pandemic.But first, US jobless claims came in virtually unchanged last week from the week before. That remains a low level. There are now 1.916 mln people on these benefits. Still this leading indicator isn't yet showing labour market stress rising.But those monitoring major layoffs are finding more now. US-based employers announced 102,943 cuts in January, and far higher than the 19,100 cuts in January 2022. As spectacular as these changes are, you need to keep in mind the US workforce is 156 mln, so this new level is just 0.07% of that.American labour productivity rose in the December quarter and labour costs rose at a much slower pace than anticipated, only at a +4% annual rate. Financial markets kicked along on this news.And US factory orders bounced back to growth in December from their big and unexpected November fall, but not by as much as expected.Going the other way, Canadian building consents fell more than expected in December after an unexpectedly large rise in December.In what might be seen as an act of desperation as Beijing's grip on Hong Kong tightens and confidence leaks away, the city's governor is giving away 500,000 free airline tickets to try and entice visitors back in 2023.As expected, the ECB raised it policy rate by +50 bps to 3.0% during its February meeting, its highest level since late 2008 and indicating to will deliver another +50 bps rate hike at its meeting in March.And in a mirror decision as expected, the Bank of England raised their rate by the same +50 bps, taking their policy rate to 4.0%.In Australia, their building consent levels rebounded very strongly in December ending a period where they languished. Bouncing back most strongly were approvals for new apartments, surging by more than +50%. However, despite this December jump, Q4-2022 consent levels are still lower than Q4-2021.The IMF has been reviewing Australia, and its report says specifically: "The capital gains tax exemption for the sale of main residences, costing around 2½ percent of GDP annually in foregone revenues, should be restricted." (See page 14.)A commodity we don't watch much is the cost of aircraft jet fuel. But it is in shortish supply, made worse by a sudden shift higher for air travel demand, which started in the US and is expected to grow rapidly in Asia now. We are talking +20% to +60% year-on-year rises. Just in the past few weeks the cost of this fuel has risen +11% since the start of 2023. It is hard to see it reverting back any time soon.One commodity we do watch regularly is container shipping rates and they were unchanged last week. Bulk cargo rates seem to have stopped falling, bottoming out at a low level.The UST 10yr yield starts today at 3.38%, and down another -8 bps from this time yesterday. The price of gold will open today at US$1916/oz and down -US$8 from this time yesterday.And oil prices start today with little net change at just under US$77/bbl in the US. The international Brent price is now just under US$83/bbl. The Kiwi dollar is softish at 64.9 USc and up +½c. Against the Australian dollar we start today back up +½c too at 91.6 AUc. Against the euro we are back up +½c too at 59.5 euro cents. That all means our TWI-5 starts today at 71.4 and up +50 bps from yesterday and back to where we were this time last week.The bitcoin price is now at US$23,817 and up a strong +3.6%% from this time yesterday. Volatility over the past 24 hours has been high too at +/- 3.2%.You can find links to the articles mentioned today in our show notes.And get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston and we will do this again on Monday.
On the first weekend of 2023 we ask 'where is the price of oil and thereby gasoline and diesel going in 2023? How much more might we be paying at the pumps and just as importantly, how much more might trucking firms be paying for diesel since literally everything owned by Canadians arrived by truck? And the trucker's perspective. The trucking industry has been hurt by Covid, the supply chain shortfalls and the rapidly increasing cost to fuel trucks. How do truckers and trucking firms manage rapidly expanding costs of fuelling their rigs and how much of the increase lands on the consumer? Guest: Ron Foxcroft. Fluke Transport. Learn more about your ad choices. Visit megaphone.fm/adchoices
Took a week off but the FBTV Podcast is back with a new schedule (TBA). It's August 22, 2022 and the topic of today's podcast is dispatchers saying the truck is ready, when it isn't. We'll be talking about that and chain laws, 2290's and more. A new FBTV Podcast is available every Wednesday & Saturday and is hosted by Michael, the lead consultant for TALTOA. If you've been considering a career as a freight broker or freight broker agent, seeking freight broker training or freight broker agent training, looking for a work at home job... a career? Take a few minutes and see what TALTOA has to offer! https://taltoa.com. Looking for more informative information for working as a freight broker, freight broker agent, or even if you are a trucking company considering adding a broker operation as an additional stream of revenue, then you should visit our YouTube Channel “Freight Broker TV. FBTV YouTube Channel: https://www.youtube.com/freightbrokertv Freight Broker TV Website: https://freightbrokertv.com TALTOA Website: https://taltoa.com
American Towing wanted to make sure you are given the opportunity to revisit this episode in this time when saving at the pump is so important
Brian & Jimmy fire up the recorder for Episode 71 to recap the Stormin Six event at I-30 Dragway, as well as roll out the new ad package & even find some time to share the Government's wisdom in how you can save some of that gas money....Cigar TalkLite up a cigar, pour yourself a drink, sit back and enjoy the fastest growing Cigar...Listen on: Apple Podcasts Buzzsprout - Let's get your podcast launched! Start for FREEDisclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the show
The June Rural Mainstreet Index from Creighton University sank into negative territory for the first time since September 2020. RMI co-creator Dr. Ernie Goss says June's reading of 49.8 is below growth neutral.
We discuss the border, energy, the economy and more. Our Guests Are: Michael Yon, Savanah Hernandez, Todd Bensman, Phillip Patrick, Dave Walsh, Mike Davis, Jay Ellis Stay ahead of the censors - Join us warroom.org/join Aired On: 6/22/2022 Watch: On the Web: http://www.warroom.org On Gettr: @WarRoom On Podcast: http://warroom.ctcin.bio On TV: PlutoTV Channel 240, Dish Channel 219, Roku, Apple TV, FireTV or on https://AmericasVoice.news. #news #politics #realnews
We discuss the border, energy, the economy and more. Our Guests Are: Michael Yon, Savanah Hernandez, Todd Bensman, Phillip Patrick, Dave Walsh, Mike Davis, Jay Ellis Stay ahead of the censors - Join us warroom.org/join Aired On: 6/22/2022 Watch: On the Web: http://www.warroom.org On Gettr: @WarRoom On Podcast: http://warroom.ctcin.bio On TV: PlutoTV Channel 240, Dish Channel 219, Roku, Apple TV, FireTV or on https://AmericasVoice.news. #news #politics #realnews
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Gas hits 5 dollars a gallon across the United States and there is a chance that it could go higher. Joe Biden is blaming Exxon Mobil for the high fuel cost. Is Joe Biden right or is it his fault? Could it be that Exxon has worked these last couple of years to get back to profitability, or are these oil companies being greedy at this time? --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app
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See omnystudio.com/listener for privacy information.
It's the FBTV Saturday Morning Podcast as seen on our live stream Saturday morning. Normally our Q & A day but off we go on a tangent that was ignited by an article about rates. The FBTV Podcast can now be seen (and heard) on YouTube as a live stream every Saturday morning starting at 9A.M. Central Time. The live stream is available to the public then the topic from that FBTV Podcast will be made available as a stand-alone Freight Broker TV YouTube Video. If you miss the live stream, you can still listen to the FBTV Podcast on your favorite podcast app as soon as it drops (normally within 24 hours). FBTV from TALTOA. If you've been wanting to work as a freight broker or freight broker agent, seeking freight broker training or freight broker agent training, looking for a work at home job... a career? TALTOA! https://taltoa.com. FBTV YouTube Channel: https://www.youtube.com/freightbrokertv
Ukraine, Oil Prices, Fuel Cost, Utilities. The hosts for this show are Jay Fidell and Guillermo Sabatier. The guest is James Stanton. We are discussing the impact on fuel prices as a result of the Ukrainian crisis, how that affects the bottom line for electric utility customers in islands such as Hawaii, and what alternatives are on the horizon. The ThinkTech YouTube Playlist for this show is https://www.youtube.com/playlist?list=PLQpkwcNJny6nwmSAXtd40Kath8s8aCbZo Please visit our ThinkTech website at https://thinktechhawaii.com and see our Think Tech Advisories at https://thinktechadvisories.blogspot.com.
Margin Membership Sign-up: https://millennialmargin.com/learn/How are your finances doing? Take the quiz: https://i2tvdm52vbg.typeform.com/to/YFcT68CWAs Russian tension continues to grow MSN reported that President Biden; “sketched out a broad range of sanctions and other penalties targeting vast swaths of the Russian economy — including frozen assets at top banks, sanctions on Kremlin-aligned oligarchs, and limits on exports that might benefit the country's technology sector.” To add to these initial sanctions, new sanctions on crude oil, which equates to between 7-8% of the U.S. demand, as well as on natural gas occurred earlier this week. We are seeing the costs of the invasion continue to ripple through the global economy as uncertainty continues to abound. Jared created Millennial Margin out of necessity, as he has watched countless people schedule-away, mortgage-up, and max-out their lives. Margin is simply the antithesis, providing leeway in an increasingly margin-less culture. Subscribe for daily tips and discussions about how to better manage your personal finances and, by extension, your margin. Listen to the podcast: https://margin.simplecast.com/ Have a question? Contact Jared at jared@millennialmargin.com Follow Millennial Margin: facebook.com/millennialmargin, instagram.com/millennialmargin1, or simply visit millennialmargin.com Goal/Disclaimer: My goal with [Margin] is to prepare you with the knowledge but then inspire you to act on that knowledge. My goal is to be in your corner bridging the gap between your trusted CPA, attorney, and financial planner. My advice is simply from my own personal experiences and is not meant to override or replace professional advice from your trusted investment professional. The content found here is for entertainment purposes only. #gasprices #russia #ukraine W9
We find out what jet fuel at 14 year highs means for the recovery of the aviation sector and ticket prices with Vinamra Longani. We cross live to Dubai's gold souk, amid reports that people are selling bangles and bracelets, as the yellow metal trades close to a record high with veteran jeweller Chandu Siroya. And it's property talk! Sarah Hewerdine, Head Of B2B Marketing at houza joins us live to answer all your property-related questions. See omnystudio.com/listener for privacy information.
In this FBTV Podcast the topic of the day is fuel cost. We'll be talking about the cost, fuel surcharge and how it actually works, Shell Oil apologizes, White House piles on with more truck emission standards, and a lot more in this FBTV Podcast. The FBTV Podcast can now be seen (and heard) on YouTube as a live stream every Saturday morning starting at 9A.M. Central Time. The live stream is available to the public then the topic from that FBTV Podcast will be made available as a stand-alone Freight Broker TV YouTube Video. If you miss the live stream, you can still listen to the FBTV Podcast on your favorite podcast app as soon as it drops (normally within 24 hours). FBTV from TALTOA. If you've been wanting to work as a freight broker or freight broker agent, seeking freight broker training or freight broker agent training, looking for a work at home job... a career? TALTOA! https://taltoa.com. FBTV YouTube Channel: https://www.youtube.com/freightbrokertv
On this show we are talking Fuel… Oil prices have been extremely volatile the last few weeks and the impact on the pump can be detrimental to your bottom line. I sat down with John Kingston, Editor at Large & Market Expert with Freightwaves to break it down. You can also catch video segments of the Road Home Podcast now on LinkedIn Live I'll put the links below in the show notes. Take a moment to think of one or two other drivers & share this podcast with them, be safe and enjoy this month's show! View on LinkedIn Live:https://www.linkedin.com/video/event/urn:li:ugcPost:6868689526362058752/This show is sponsored by the Truckers Service Association with over 12,000 members for more information https://tsatruck.org/For comments or suggestions for show guests and topics that concern the professional driver drop a note to john@pipertransportation.comHave a wonderful Holiday Season and look forward to a prosperous New Year!
The price of gas is on the rise (50% in 2021) during what has historically been when they ease in the US. In order to help explain why gas prices are rising and what to expect in the future, VP of Operations at FreightPlus, Chris Peckham joins Consulting Logistics. In this episode we will discuss: How oil prices are created Historical data Rough predictions for the future Links from Episode: FreightPlus Market Report Download Chris Peckham LinkedIn
Costs of many goods and services have risen, including fuel and gas prices. To discuss why, we invite Max Fawcett, columnist for the National Observer and former editor of Alberta Oil Magazine. If you love getting your in-depth current affairs analysis through The Agenda podcast, consider making a donation to support TVO's unique model of local journalism at www.tvo.org/supportpods. See omnystudio.com/listener for privacy information.
Liability Insurance Increase Still Alive... - Increased Insurance Cost By Estimated 25%- Sleep Apnea Machine Recall - Business Email (not a text message)- Carrier Driver Pay Increase This and more on this FBTV Podcast from TALTOA. https://taltoa.comhttps://freightbrokertv.com
Dynamic Gas Blending engines can save you big on fuel costs — with the latest Cat 3512E DGB engine displacing up to 85% diesel. How much exactly will your operation save? Get the details on how to use the DGB Fuel Cost Estimator to get your numbers, along with tips on what data to have on hand and how to get the most accurate estimate.
Scandinavian airline SAS said on Tuesday it would look at additional cost-cutting measures beyond 2020 after reporting a drop in third-quarter earnings due to a pilot strike, high fuel prices, and cut-price competition. The carrier, partly owned by Sweden and Denmark, while Norway has sold its stake, repeated that it will be challenging to reach a positive result before tax for the full year. Third-quarter profit was dented by higher fuel costs, a weaker crown, and a pilot strike between 26 April and May 2, which led to some 4,000 canceled flights affecting more than 370,000 passengers. It was partly compensated by increased passenger revenue, SAS said on Tuesday, but it added that costs were still too high. “This means that we need to look at additional initiatives beyond 2020,” it said. Struggling with the rising cost of fuel and competition from the likes of Norwegian Air and Ryanair, SAS is renewing its aging fleet and has been restructuring for years to slash costs. The airline’s current efficiency improvement program targets 3 billion crowns ($312.34 million) in savings by 2020. SAS pretax profit was 1.49 billion crowns in the May-July period, down from 2.03 billion profit a year earlier. The average forecast according to Refinitiv data based on two analysts was for a pretax profit of 1.44 billion. --- Support this podcast: https://anchor.fm/newscast-africa/support Learn more about your ad choices. Visit megaphone.fm/adchoices
Todd Peters, senior vice president at Adviser Investments, has the market analysis for Wednesday, July 18. Textron topped expectations, reporting a 53% gain in income from continuing operations. Similarly, and despite a 39% spike in year-over-year fuel costs, United Continental’s stock advanced 8% on higher-than-expected quarterly results and solid forward guidance. Meanwhile, housing stocks were weak following the release of June housing starts data, which reflected a 12% decline since May. Despite those numbers, demand remains strong with 50% of U.S. builders reporting June price increases.
Hi, and thanks for popping in to listen to this weeks' Episode, which promises to be an interesting one for anyone who owns a car (so that represents the vast majority of us!). If you are new here please do check out this page, which will tell you a little about why this project exists and what it's aiming to do for you. Episode 21 is here: ################################# While some would argue that the cost of running a car hardly qualifies as a Financial Planning topic, I would beg to differ. Seeing as many of us possess one for the duration of our adult lives our choice of car represents a significant life long investment. What I am hoping to uncover is exactly how much they cost and what if any differences there are in buying a 'newish' car versus an older car! Some of you at this point will hit the red 'x' in the top right hand corner, you like your cars, you don't care what they cost you, provided you can afford to have a 'nice' car you will continue to do so irrespective of the financial costs. I respect that, hit the red 'x', but might do you no harm to see what it is actually costing! In the interest of being up front I will state that even before we look at the figures I have always had a strong bias towards owning older cars (6-10 years old) where the largest depreciation costs have been absorbed by a previous owner, however I am always open to correction, so lets see which option is the more informed from a financial perspective! Assumptions: For the purpose of this exercise I based my findings on 2 family sized cars. The 'newish' car is a 2013 Volkswagen Passat 1.6 Diesel from a dealer, with 62k miles on the clock costing €20,450- listed on Carzone.ie at time of the research. The 'old' car for the purposes of this exercise is a 2007 Ford Mondeo, 1.8 Diesel, 90k miles on the clock costing €4,700 from a dealer, again it's listed on Carzone.ie at time of research. Our exercise will assume we hold the car for 3 years, before changing it again for another car. Mileage assumed at 13,000 miles per annum. The Cost of Owning a 'Newish' Car for 3 years: Depreciation: €12,450 - Buy it for €20,450. Based on the research when you go to sell a car of this type in 3 years, assuming average mileage and it being well maintained, you will get approximately €8,000. Irrespective of selling it privately or trading it in this is the approximate value achieved (even VW which historically hold value reasonably well). Fuel Cost: €4,029 - This modern car will give approximately 55 miles per gallon on average. www.honestjohn.co.uk is a great website for honest mileage numbers. Using a diesel price of €1.25 per litre, and traveling 13,000 miles per annum, that's the cost over the 3 years! Motor Tax: €570 - As a post-2008 car, with relatively low emissions of 109g/km motor tax will set ou back €190 per annum Maintenance: €1,200 - This assumes carrying out 1 annual service and changing 2 tyres per annum, with no other major outlay on this relatively young car Insurance: €1,800 - This one is a big variable dependent on the driver and his/her status and years of no claims bonus etc, however the same figure will be used on both examples Total Cost = €20,049 The cost of having this car for the 3 years is over €20,000. With good fuel economy and low tax it still amounts to a fairly sizeable amount of cash! If we break that down annually it is €6,683. Per month that is €557. If you are on the higher tax bracket you need to earn €1,100 Gross Salary in order to pay for your car..........................If you earn €50,000 Gross, that is 1 week's work per month to pay for your car! Seems hefty, but lets now compare it to the alternative, a cheaper, less flashy, less efficient and perhaps less reliable motor! Cost of owning an 'old' car: Depreciation: €2,220 - Buy it for €4,700. Based on the research when you go to sell a car of this type in 3 years, assuming average mileage and it being well maintained, you will get approximately €2,500. Irrespective of selling it privately or trading it in this is the approximate value achieved. Fuel Cost: €5,039 - This less modern car will give approximately 44 miles per gallon on average. Using the same diesel price of €1.25 per litre, and travelling 13,000 miles per annum, thats the cost over the 3 years for this car. Motor Tax: €2019 - As a pre-2008 car, with a 1.8 litre engine you are in for a juicy €673 per year road tax, no avoiding it! Maintenance: €2,400 - This assumes carrying out 1 annual service and changing 2 tyres per annum. In this instance we have included €300 per annum for ad-hoc repairs. While this could be quick a lot more or less on a car of this age and mileage this average is an industry accepted figure. Insurance: €1,800 - This one is a big variable dependent on the driver and his/her status and years of no claims bonus etc, however the same figure will be used on both examples Total Cost = €13,478 So there you go, the estimated cost of 3 years of motoring in such a car will cost you just south of €13,500, which works out at €4,492 per year and therefore €375 per month. Before tax you are looking at earning €750 Gross Salary to put this car under your back-side. The single biggest cost differentiation between the two options is depreciation, yet this is the one factor which many many of us do not give due consideration to. We fail to include that in the cost of ownership, however it is a very real part of the cost, and in some circumstances is the single biggest aspect to the overall cost. Fact. Many of us millennials see the shiny new shapes, we see what our peers are driving, we see the latest adverts, we see the 171's on the road and we start to feel that our 'old' car is giving a poor representation of ourselves and portrays a lack of success. I'm being somewhat melodramatic here obvously but there are elements of these emotions behind our decisions in buying 'newish' cars. I often look to the example set by Mr. Warren Buffet (3rd wealthiest man on the planet). He drives a regular joe-soap car, and seems pretty happy with it!! Conclusion: As always I believe you are more than capable of drawing your own conclusions from the above. As with many of our financial decisions there is more often than not an emotive drive determining the outcome. One could choose to drive an older car, and to use the 'savings' to save for the future, enjoy an extra holiday or some other experience. Likewise one may prefer to be seen driving a 'newish' car, they may like the reliability and feeling they get from a more modern car, and are happy to sacrifice the 'savings' in favour of these aspects. Likewise they may not realise the costs of owning a car, until now! Ultimately the choice is yours of course, but at least now you have a greater sense as to what your car is costing you, and indeed if you have 2 cars in your household what they are costing you. If you are trying to budget and manage or indeed reduce your cash outflows the ownership of cars can be one of the single biggest factors in doing so. I have included a sample calculator which I created for you to run your own numbers here, have fun! Thanks for reading, sharing and spreading the love! Paddy Delaney (QFA, RPA, Coach) Links: MPG Information for use in above calculator: http://www.honestjohn.co.uk/realmpg/
Regulations, Fuel Cost, EPA, Carbon Footprint, Greenhouse Gas Emissions, Engine Maintenance Cost, Oil Lubricity, CARB, DEF.... What does it all mean to the owner operator and fleets? In one simple word...money. Whether they are spending it or saving it, how much do you have to spend in order to eventually save? There are many products on the market designed to reduce operating costs. The question most will ask themselves is which products will ensure profits and yet meet or exceed government standards? Join us with our special guest, Anthony Evans, Founder and COO of Onboard Oil Tech as we discuss the challenges modern day owner operators and fleets face as they maintain their bottom line while upholding regulation mandates and requirements.
A seemingly simple innovation saves billions of dollars of jet fuel
Fuel Cost and Fuel Economy: Why Paying Less Hurts Americans More
Hosted by Eric McClintock, Danton Berube, and Brendan Farmer. Listen Here: Download Here On Location at Avsim Social 2009 in Chicago, IL It was a blast meeting up with everyone who showed at the Avsim.com Social event in Chicago this weekend. This episode was recorded with Eric and Danton, and Brendan joining as usual over Skype! Here are just a couple shots... A shot with many of the folks at the Fancon Event Danton and the setup at the hotel for recording the episode Cirrus SR-22 & It's Glass Cockpit Reminders Win up to TWO free downloads form Aerosoft, check out the mission design contest. We're still looking for everyone's $100 VOR Hamburger Screenshots, Post them here! Aircraft Painting Contest, Each Entry gets a free Aerosoft Download, Full Details Here! E-Mails Hi In the last FSBreak podcast there was a discussion about using a three monitor setup, using the Matrox Triplehead2Go adapter, versus using a single large screen, like a big LCD TV. I'd like to take the opportunity to recommend the Triplehead solution. Here is a picture of my monitor setup: it's three Samsung 22 inch widescreen monitors running FSX in 5040 x 1050 resolution. I set it up recently, and I've been having a fantastic time using it. Just in terms of immersion, it really adds a lot to the flightsimming experience. Add to that having the Virtual cockpit really scaled up, so you can see all the gauges clearly, and the panoramic view of the scenery, it's really something special. There are some things to think about. The monitors have to run the same resolution. Mine are running 1680 x 1050, and that requires a monitor that supports 57hz screen refresh rate. While LCD monitors are very inexpensive at the moment, the adapter itself isn't cheap. I've heard that the new range of Eyefinity graphics cards from ATI will be able to do something similar, without using an adapter. On the widescreen gaming forum website, there is a section with lots of information on triplehead gaming: http://www.widescreengamingforum.com Anyway, just wanted to share my experience. Pharis Congratulations to everyone who did the hamburger flight on Vatsim this weekend. I wish I could have been by my computer Saturday to join you. I was able to carve out some FS time today however, and I just finished putting together a functional trim wheel. It ain't pretty, but it works great, and it's very cheap to throw together--maybe even free, depending on what you've got kicking around the house. Supplies: 1 coffee can 1 old USB mouse that was collecting dust (with scroll wheel) 1 wooden chopstick (free with order of Shanghai noodles) 1 small screw some scotch tape 1 free usb port To get this contraption functioning like a trim wheel, all you need to do is check the"use your mouse wheel as a trim wheel" function in the miscellaneous section of a registered copy of FSUIPC. If you don't have a registered copy of FSUIPC, you can download the free "RealTrim" module (http://code.google.com/p/fscode/wiki/RealTrim) and enable "mouse wheel as trim wheel" under the "modules" menu inside the sim. The only glitch I had testing the trim wheel for the first time was that the trim wheel in the VC was turning in the opposite direction I was turning my coffee can lid. I solved this by installing a free program called "X-Mouse Button Control" (http://www.highrez.co.uk/downloads/XMouseButtonControl.htm), which includes an option for inverting mouse wheel scrolling. Like I say, it may not be much to look at, but it really does work great, and having a trim wheel adds a lot to the simming experience. So if you've got an extra mouse, some other junk, and about 15 minutes to slap it together, give it a try. I have only recently happened upon the podcast but I LOVE IT. I am an avid Uncontrolled Airspace listener and you guys fill that niche for the Flightsim world. I noticed that lately you guys have been "coming of age" on VATSIM...good for you! Your life is almost complete. I highly suggest taking a look at FSEconomy.com and would love to see a review of your crew's thoughts of it. Basically FSEconomy adds the ability to own, maintain, and operate aircraft, and FBOs within flightsim (FS9, FSX, X-Plane). The best part is that it is another layer that you can add to your flightsim experience, just like VATSIM. Best of all, it is 100% free. Here is a little blurb that I hope piques your interest: FSEconomy is a realistic economical environment for General Aviation flight simmers! You are a "pilot for hire", and you will use various aircraft to fly passengers and/or cargo (sometimes called "jobs" or "assignments") that are scattered throughout the flight simulator world. FSE does not simulate a "scheduled airline" type of environment, thus all available assignments appear randomly, and are destined to other random airpots. As an FSE pilot, you must choose the best available aircraft for the job given the assignment and revenue. You must either rent an aircraft or use one that you own. You can choose a career on your own or you can form a group of several pilots. Groups can collectively own an aircraft and share it amongst themselves to create a realistic business income. You can also rent your aircraft to other FSEconomy pilots and earn virtual money. In addition to aircraft, FSE players can choose to jump into the business world of FBO ownership. FBOs (or Fixed-Base Operator) sell fuel, provide aircraft maintenance services, sell avionics, and can operate a small passenger terminal. FSEconomy consists of a website and a small software program that interacts with Microsoft Flight Simulator 2002 (FS8), 2004 (FS9), FSX or X-Plane 9. The website is where you find assignments, rent, buy, sell, and maintain your aircraft, manage your bank account, and join or start groups. The software program (called the 'Agent' or 'Client') is what is used to connect your Flight Simulator environment with the FSE database. It will detect that you have the correct aircraft at the correct airport, calculate the proper aircraft weight* to match the job, verify the assignment to be flown, adjust the fuel quantity in your aircraft to match what the database says it has onboard, and finally, log the results after the flight. (* Weight adjustment is optional but it will make the experience more lifelike based on your assignment. If you have 4 passengers to take on a flight then it will tell you what the aircraft weight should be to simulate those 4 passengers. This really helps you learn the difference weight makes, especially on the smaller planes.) FSEconomy has limitations of duplicating real life. Some compromises have to be made to allow comfortable interaction with Flight Simulator. The scope of FS Economy is: • Buying/Renting Aircraft • Buying goods • Aircraft maintenance • Landing fees • Fuel Cost • Paid assignments • Forming and managing flight groups • Building / owning an airport fuel and maintenance facility (FBO) I hope you consider checking out the site as well as considering it for a review. Cheers, ~Jason I live in England and have been interested in aviation for 40 years, which I guess makes me one of your more mature listeners! I have been flight simming for 9 years and have recently started to learn to fly for real, thus fulfilling a life long ambition. I have listened to your podcasts from the beginning and find they add another dimension to my hobby. I find the mix of flight sim and real world flying matches my interests. I have recently returned from a holiday in western Canada and was fortunate to have a flight in a de Havilland Beaver floatplane from Victoria Harbour. I have since reproduced the flight in FSX with the freeware scenery of Victoria which was referred to in a recent $100 hamburger flight. This proved a reasonable likeness to the actual flight, although I missed the reality of the radio transmissions, particularly the call from the pilot that he was going around as there was a fishing vessel in his way!- I don't often hear that at my local flying club! I have a number of points which may be of interest- 1) I have recently bought the PMDG MD11. In the manual it refers to the defrag application from O&O. I downloaded a trial version of the programme and found that after using it, frame rates were dramatically improved- the standard Windows XP application does not have this effect. I am now considering buying the full version. I don't believe that you have discussed defragging on your show, but I have read a number of times that a regular defrag is necessary to keep FSX running smoothly. 2) Some time ago, one of your contributors talked about the imminent release of Captigame, an application for capturing video from games. I note from the Captigame website that the last news is dated April this year. Do you have any further information- is it still a goer? 3) On a recent episode, Mark mentioned the live atc website. You may be interested to know that there is an application called FS Chatter Live, available on flightsim.com, which acts as an interface between fsx and liveatc. I guess the advantage of this is that there is no need to open an internet browser, which on my machine drags down the frame rates. I note that it is shareware at a cost of $10 but am trialling the free demo version. In conclusion, keep up the good work. I note that the shows are getting longer, but I guess you can't have too much of a good thing. However, as I tend to listen to podcasts in the car (I travel a lot with my job), I find myself hoping that I am held up on my way to clients- a reversal of my normal philosophy! Regards David Can you guys recommend a good yoke to use on a MacPro? Did look at the new saitek Pro Flight yoke but it's windows only. BTW, I truly enjoyed the show after the swarm event. Thanks, Jerry I enjoy yous show very much but only "stumbled" upon it a few weeks ago. When I go to the archives the several earliest shows that tried to listen to were all linked to episode 26. if you find some time could you remedy that situation? Thanks so much, Charles Recommendations Eric: USA Sectional Charts High quality Sectional Charts of the United States. These are updated versions of charts that I uploaded several years ago. They are JPG files that can be viewed with any image viewing program and they have also been calibrated to import automatically into FSM Moving Map by Rana Hossain. Danton: A2A Sim3D Light Redux Brendan: Paint.NET for FS Repaints