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My guest today is Daniel Dicker, a seasoned oil trader, former floor broker at the NYMEX, and well-known expert on energy markets. Over a three-decade career, Daniel has seen the full arc of oil's role in financial markets—from a bellwether commodity to a sidelined input. In this conversation, we explore why oil has fallen off the radar for many investors, and what signs might bring it roaring back. We also discuss why renewables aren't ready, how nuclear fits in, and the unexpected reasons he might start buying oil again. Please enjoy this conversation with Daniel Dicker. For the full show notes, transcript, and links to the best content to learn more, check out the episode page HERE. ----- Making Markets is a property of Colossus, LLC. For more episodes of Making Markets, visit joincolossus.com/episodes. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @makingmkts | @ericgoldenx Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com). Show Notes (00:00:00) Welcome to Making Markets (00:00:43) The Changing Role of Oil in the Economy (00:01:56) Financialization and Speculation in Oil Markets (00:04:55) Impact of Renewables and ESG on Oil (00:07:01) Government Policies and Oil Prices (00:14:45) Strategic Petroleum Reserve and Market Manipulation (00:17:38) Recession Risks and Corporate Earnings (00:23:35) Media Coverage of Commodities (00:24:36) Investment Strategies in Energy (00:25:19) Oil Market Dynamics and Bankruptcies (00:26:46) Buffett's Investment in Occidental (00:28:28) Renewable Energy and Carbon Capture (00:30:37) Nuclear Energy Investments (00:37:27) Geopolitics and Oil Supply (00:39:47) OPEC's Challenges and Strategies (00:42:46) Future of Oil Prices Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode of the Energy News Beat Daily Standup, Hosts Michael Tanner and Stuart Turley discuss Trump's energy policies, AI's role in bureaucracy, and market fluctuations impacting oil, gas, and natural gas prices. Plus, updates on Cheniere's LNG expansion and the latest economic indicators, including the Strategic Petroleum Reserve's depletion, Canada's energy tariff warning to the U.S., and UK's shifting stance on oil and gas exploration.Highlights of the Podcast00:07 - Intro00:58 - Reserve Refill Begins04:16 - Canada Warns Trump06:40 - Strong UK Energy08:33 - UK AI Struggle10:47 - Energy Sec's Policy Shift13:22 - Cheniere LNG Expansion14:52 - Oil/Gas Price $$17:49 - Sheffield: PXD Out of Inventory22:12 - OutroPlease see the links below or articles that we discuss in the podcast.Reserve Refill BeginsCanada Warns TrumpStrong UK EnergyUK AI StruggleEnergy Sec's Policy ShiftCheniere LNG ExpansionOil/Gas Price $$Sheffield: PXD Out of Inventory!!Follow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsEnergy DashboardENB PodcastENB SubstackENB Trading DeskOil & Gas Investing– Get in Contact With The Show –
Should private equity be allowed in your 401(k)? 70 million Americans have roughly $12 trillion in retirement accounts and the high fee private equity firms want a piece of that. Private equity comes with higher risk than traditional stocks and bonds that are found in retirement accounts. The big difference with private equity is they are generally illiquid investments in companies that are too small or risky to issue publicly traded shares. The businesses they invest in don't issue quarterly reports on earnings and the valuations can at best be called questionable. It should be noted that private funds can tie up investors' money for years and may give you some type of loose valuation of what your investment is worth. The fees that these funds charge is around 2 1/2%, which is well above the average fund of a half percent or so in current 401(k)s. Private equity tries to claim their investments far outperform the stock and bond markets, but a study from Boston College in 2024 found that long-term returns for pension funds, which allow alternatives, generated about the same investment return as a 60/40 split of stocks and bonds. Wall Street and the owners of these private equity funds just want to generate more fees even if it means putting your 401(k) in danger with high-risk investments with little to no liquidity. I'm in hopes that private equity's pursuit of trying to get their hands on your retirement accounts hits a brick wall and the regulators protect your retirement plan. A bitcoin strategic reserve is a terrible idea Last week there was an executive order signed to create a strategic bitcoin reserve for the United States. Crypto enthusiasts were pleased by the action, but disappointed that the order did not specify a buying schedule or clear strategy to buy more bitcoin. In the current fashion, the reserve will include coins that are already owned by the government that it seized from past law enforcement actions. The US currently owns more than 198,000 bitcoins that are worth about $17 billion. Given our large debt and the current deficit, I think it is just silly to borrow money and buy a volatile asset like bitcoin. The government is not here to make investment profits with our taxpayer dollars, if that were the case why wouldn't they also buy individual stocks? Something like the Strategic Petroleum Reserve makes sense as that commodity plays such an important part in our day to day lives. Bitcoin has no impact on our day to day lives and I just can't see what the strategic benefit would be outside of shooting for investment gains. We should be focused on paying down debt and reducing deficits rather than trying to generate investment returns with taxpayer money. I think even the action of keeping seized bitcoin is a mistake as that could be used to reduce debt. As for the price of bitcoin, I believe it could keep falling. There seems to have been a lot of catalysts that took place last year including the launch of ETFs and a more crypto friendly administration taking office. I don't see many new catalysts in the near future, which could lead to steeper declines. For me, I don't want my own dollars or my tax dollars in bitcoin or any other cryptocurrency for that matter. Inflation report puts stagflation risks at ease The headline Consumer Price Index (CPI) for February came in at 2.8%, which was below the estimate of 2.9% and less than January's reading of 3%. Core CPI, which excludes food and energy came in at 3.1%, which was also below the estimate of 3.2%. This reading was less than January's reading of 3.3% and it marked the lowest increase since April of 2021 when we saw inflation rise 3%. That was really the beginning of the inflation problems as the March 2021 core CPI rate was 1.6%. I've said it before, but with inflation at these levels I really don't see it as a problem. There are some areas like eggs that increased 59% compared to last year, but outside of that most categories are quite tame. Shelter also continues to lift the inflation numbers as the index rose 4.2% in the month of February. This was the smallest increase for the shelter index since December 2021, but it still remains above both the headline and core numbers, which means it is putting upwards pressure on those reports. This report would have shown limited impact from the recent tariffs, so it will be interesting to see in the coming months what the numbers look like as the tariffs work their way through supply chains. I still believe inflation will not be a problem in 2025 and that the Fed will be able to cut rates a few times this year. Another win on the inflation front The February Producer Price Index (PPI) showed no change in the pricing level when compared to January. For the 12-month period it rose 3.2%, which was much better than last month's reading of 3.7%. Core PPI, which excludes food and energy actually fell 0.1% from January and the annual increase of 3.4% was down from last month's reading of 3.8%. This report helps us breathe a sigh of relief as December and January produced hotter readings. As we've been saying, inflation will not go down in a straight line and month to month the readings will be bumpy, but the general trend should be lower. As we said with CPI, it will be interesting to see how the tariffs impact these inflation reports in the coming months. One thing that does not get much coverage is that we had tariffs back in 2018 and inflation did not see a major spike. Hopefully that will be the case again and we can move on from this battle against inflation that has lasted a few years now. Who Benefits from Repealing the “SALT” limit? One of the more controversial changes in the Tax Cuts and Jobs Act of 2017 was the $10,000 limit placed on the State and Local Tax (SALT) itemized deduction. Prior to 2018, those who itemized could deduct the full amount of state income taxes and property taxes on their federal tax returns. Under current law through the end of this year, only the first cumulative $10,000 of these taxes is deductible. This obviously hurts high earners in states like California. Someone making half a million dollars per year and paying $40,000 in California income taxes only receives a deduction on the first $10,000 and receives no additional deduction for any property taxes they pay. While there isn't as much public sympathy for high-income earners paying more tax, this limit also impacted California homeowners, especially first-time homebuyers. When buying a home in California, property taxes are about 1.2% of the purchase price of that home. Thanks to Prop 13, property taxes increase minimally after purchase and generally much less than the property value increases. This means the longer you own a home, the lower your property taxes are relative to the fair market value of the property. This also means that property taxes are most expensive when first buying a home. In California, home values are high, mortgage rates are high, insurance costs are high, utilities are high, and because of the high value of homes, property taxes are also high. Virtually everything about homeownership in California is expensive, so it's no wonder people are struggling to afford a house. This phenomenon has gotten worse in recent years, but it's not new. Regarding the SALT deduction, it is common for homeowners to have state income taxes and property taxes that exceed the $10,000 limit even if they're not really “high-earners” because of the income needed to simply afford a home and its corresponding property taxes. A young family could easily be looking at $20,000 to $25,000 just in state and local taxes, most of which would not be deductible due to the SALT limit. While the SALT deduction is mainly thought of as a high-earner issue, a lot of normal people in California would benefit from its repeal, especially if federal tax rates do not increase back to their pre-2018 levels. Companies Discussed: DoorDash, Inc (DASH), Rocket Companies, Inc. (RKT) & Verizon Communications Inc. (VZ)
Transport Topics is the news leader in trucking and freight transportation. Today's briefing covers another acquisition by Kenan Advantage Group, an alliance to promote hydrogen engines in North America, and a proposal to refill the Strategic Petroleum Reserve. Learn more about your ad choices. Visit podcastchoices.com/adchoices
By Christopher Mason, who is a Silicon Valley native currently located in County Cork, Ireland, Christopher Mason is a cryptocurrency industry insider. He is a Bitcoin enthusiast, and close follower of all things crypto. DISCLAIMER: the end of this article features an affiliate marketing link. You wouldn't need to be a crypto watcher to have heard the term "Strategic Bitcoin Reserve." It's been talked about quite a lot lately, and not just in fringe crypto publications. So, what is it? What would its purpose be? What are the chances it'll actually happen? Most people will be familiar with the Strategic Petroleum Reserve. It's a large stockpile of crude oil held by the United States government, specifically, the Department of Energy. It's stored underground in Louisiana and Texas; these facilities have a combined capacity of 727,000,000 barrels. The Strategic Petroleum Reserve was created by President Ford in 1975 in response to the oil embargo of 1973-1974 (when OPEC cut off oil shipments to the United States in response to aid sent to Israel during the Yom Kippur War). The basic idea behind the creation of the Strategic Petroleum Reserve was that it could serve to soften future oil-related price shocks to the US economy. Why an United States Strategic Bitcoin Reserve? So, why a Strategic Bitcoin Reserve? Oil is an essential enabler of the US economy - without it, a large portion of economic activity would grind to a halt. But Bitcoin? It depends who you ask, but there wouldn't be many that would classify it as essential to the US economy. Senator Cynthia Lummis (R, WY) would argue through her proposed BITCOIN Act of 2024 - a bill that is being considered by the United States Senate - that a Strategic Bitcoin Reserve is vital. The bill aims to reduce US government debt without raising taxes (simultaneously strengthening the US dollar); it also proposes that the US government acquire 5% of outstanding Bitcoin (similar to the portion of global gold reserves held by the US government). U.S. President Donald Trump has suggested that such a reserve would help ensure that the US dominates the cryptocurrency market and that there is growing interest in China to do just that. Whether or not this will ever come to fruition is still quite unknown, but Trump took a potential first step toward it on January 23rd, when he signed an executive order which established a cryptocurrency working group. This group will explore new cryptocurrency regulations, the protection of banking services for crypto companies, and the creation of a national cryptocurrency stockpile. The order also banned the creation of US central bank digital currencies, which would have been seen by industry followers as a potential rival to Bitcoin. The working group is not short of heavy-hitters, featuring the Secretary of the Treasury, as well as the heads of the Securities Exchange Commission and the Commodity Futures Trading Commission. The chair of the group will be David Sacks (venture capitalist and former executive at PayPal). According to the wording of the executive order, the group will "evaluate the potential creation and maintenance of a national digital asset stockpile… potentially derived from cryptocurrencies lawfully seized by the Federal Government through its law enforcement efforts." It's possible that the fund could be created via another executive order, directed at the Treasury Department's Exchange Stabilization Fund, often used to buy and sell foreign currencies. Critics of the strategic reserve concept have said that there is no utility in it; that Bitcoin has no intrinsic value. They say that the price fluctuations of Bitcoin mean that a strategic reserve would pose a risk to taxpayers and to the economy and that government purchases and sales of Bitcoin would have a big impact on it's value. The legality of transferring Bitcoin seized by the Justice Department into the U.S. Treasury is very much in question. And will creating a strategic rese...
In this Palisades interview, host Tom welcomes Trader Ferg, a full-time trader and author of the Trader Ferg Substack, discussing major narrative pivots in the energy market, focusing on topics like electric vehicles versus plug-in hybrids, net-zero projections, China's policy changes on renewable energy subsidies, battery technology shifts from lithium-ion to sodium-ion batteries, platinum group metals, geopolitical impacts like coal's comeback in Germany, and investment implications. Ferg also delves into the transformative potential of deep learning AI models, expressing excitement about their game-changing impact on technology and markets. Among these innovations, Ferg points to DeepSeek, an open-source AI model that is disrupting the tech industry and challenging major companies like NVIDIA, Microsoft, Google, and Facebook, potentially leading to significant declines in their valuations. Ferg also discusses platinum's unique market dynamics, noting its unpredictable demand and jurisdictional risks, particularly in key producing regions like South Africa. He emphasizes that new platinum supply is expected to remain limited after 2030. Declining production rates are also affecting industries such as oil and uranium. Despite these challenges, Ferg advises investors to maintain patience and position themselves strategically for future demand. Ferg identifies under-invested sectors, particularly the U.S. oil and gas industry, as opportunities for growth. He argues that while drilling activity will likely increase during Trump's second term, supply numbers have been overestimated, and demand remains steady but not overly strong. Additionally, Trump's plans to refill the Strategic Petroleum Reserve could create further demand. Ferg expresses his bullish outlook on oil plays in the market, despite current low prices. In conclusion, Ferg's investment strategy focuses on identifying major narrative shifts, understanding supply decline rates, and positioning investments to capitalize on demand when markets price it appropriately. Time Stamp References:0:00 - Introduction1:00 - Narratives & Pivots5:30 - Coal & Green Transitions?10:48 - Tariffs & Chinese EVs14:46 - China's A.I. Model21:04 - Sector Valuations?25:39 - Platinum Supply31:48 - Drill Baby Drill!37:03 - Trump & Inflation Risks42:00 - Gold, Rates, & Treasuries46:00 - Gold ETF Holdings48:43 - Resource Investment Risk54:00 - Derisking & Hated Sectors56:56 - Resource Costs & Inflation59:00 - Wrap Up Guest Links:Substack: https://traderferg.substack.com/X: https://x.com/trader_ferg Trader Ferg is a Full-time trader for going on 8+ years now. He has a habit of hanging out in hated corners of the market that are considered uninvestable. He enjoys sharing his research and thoughts about possible trades and markets.
Fires and cold weather are back in the headlines. Among the Executive Orders signed yesterday, many affect the energy and transportation industries. President Trump declared a National Energy Emergency, giving him a broad range of actions to reach a reliable, diversified and affordable supply of energy. President Trump also pulled out of the Paris Climate Accord. We were the largest funder ($10 billion per year) while the Accord allowed China and India to continue polluting. President Trump is going to fill the Strategic Petroleum Reserve and ending Biden's war on liquified natural gas. In another Executive Order, all executive departments are barred from issuing new regulations and new rules until they are reviewed by the new agency heads. He also removed EV-Favoring policies and subsidies. Oil reacts to Trump declaring an energy emergency, potential 25% tariffs on Mexico and Canada and to U.S. to stop buying Venezuelan oil.
Fires and cold weather are back in the headlines. Among the Executive Orders signed yesterday, many affect the energy and transportation industries. President Trump declared a National Energy Emergency, giving him a broad range of actions to reach a reliable, diversified and affordable supply of energy. President Trump also pulled out of the Paris Climate Accord. We were the largest funder ($10 billion per year) while the Accord allowed China and India to continue polluting. President Trump is going to fill the Strategic Petroleum Reserve and ending Biden's war on liquified natural gas. In another Executive Order, all executive departments are barred from issuing new regulations and new rules until they are reviewed by the new agency heads. He also removed EV-Favoring policies and subsidies. Oil reacts to Trump declaring an energy emergency, potential 25% tariffs on Mexico and Canada and to U.S. to stop buying Venezuelan oil.
In this joint podcast, Stuart Turley and David Blackmon provide an in-depth analysis of U.S. energy policies under the Biden administration, focusing on offshore drilling bans, regulatory challenges, and their implications for long-term energy security. The discussion addresses critical topics such as the energy transition, the reliance on foreign supply chains for essential minerals, and the role of regulatory frameworks in shaping the energy landscape. Highlighting the need for balanced energy solutions, they explore the potential of nuclear power, the impact of environmental lobbying, and the complexities of global energy geopolitics. The episode concludes with expert insights and resources from David Blackmon's extensive work in the energy sector.This podcast will be broadcast on both Davids and My feeds. I really appreciate David and his leadership in the energy industry. Please follow and subscribe to David's Substack HERE: https://blackmon.substack.com/Highlights of the Podcast00:00 - Intro00:50 - Biden Administration and Energy Policy04:02 - Strategic Petroleum Reserve and Policy Criticism05:44 - Chevron Deference and Regulatory Issues08:47 - Environmental Policies and CO2 Debate10:27 - Energy Transition Challenges11:23 - Critical Minerals and Supply Chains12:12 - Nuclear Energy and Baseline Challenges12:49 - Green Lobby Influence and Wealth Transfers13:28 - Critical Reflections on Environmentalism14:27 - Trump and Greenland - A Troll Move18:40 - Final thoughts and expressions of gratitude.Full Transcript also at https://theenergynewsbeat.substack.com/
Democrats love promising a "peaceful transition of power," but history—and their actions—tell a different story. When Obama handed the reins to Trump, he made a https://theblacksphere.net/2024/11/the-myth-of-obamas-power-a-manufactured-legacy-and-misplaced-allegiance/ while his DOJ quietly sharpened its knives. Four years of investigations, conspiracies, and obstruction later, the Democrats finally ousted Trump using their COVID-19 coup, complete with ballot-stuffing, midnight counting, and media complicity. But their https://theblacksphere.net/2024/11/lets-not-let-democrats-forget-joe-biden/, leaving Biden with the unenviable task of ushering in yet another "peaceful transition"—this time back to Trump. Biden's Legacy of Chaos Let's take stock of what Joe Biden is leaving behind. Start with Bidenflation:- https://finance.yahoo.com/news/national-debt-tops-36-trillion-000208774.html, up $13 trillion since 2020.- Interest rates that https://tradingeconomics.com/united-states/inflation-cpi, particularly for small businesses. Families struggling to stretch their dollars farther than a triathlete on a treadmill.- Instead of financing our recent $1.8 trillion federal budget deficit by issuing 10- and 30-year bonds, Janet Yellen has instead https://nypost.com/2024/11/23/business/janet-yellen-exiting-office-leaving-mess-behind-for-trump-team/in a what has been described as “a nakedly political effort to avoid a massive jump in mortgage rates.” Mortgage rates created by Bidenflation, I remind you.Aristotle wrote about “moderation in all things,” but he didn't anticipate Joe Biden or Leftism. Biden's economic policies aren't just unmoderated; they're unhinged. The Strategic Petroleum Reserve is https://ycharts.com/indicators/us_ending_stocks_of_crude_oil_in_the_strategic_petroleum_reserve, energy prices are volatile, and Biden's administration seems to think solar panels is the answer. And what of the military? It's in shambles. Recruitment numbers are dismally low, matched by our stockpile of weapons. We can thank Biden for his proxy war in Ukraine and his failure to manage the Middle East, where Iran and its proxies, including a resurgent Al Qaeda that recently took control of Syria flex their muscles. In short, the world is a much less safe place under Joe Biden. And then there's the Department of Justice, which under Biden and Obama transformed from an institution of law to a political cudgel. Public trust in the DOJ is at an all-time low, but Biden isn't addressing the problem—he's doubling down, reportedly planning to pardon key players in his administration to shield them from accountability. The Irony of Democrat Spending If Biden's administration were a business, it would be Enron. Trillions of dollars are unaccounted for across multiple agencies. The CHIPS Act and Inflation Reduction Act (IRA) were boondoggles, diverting taxpayer money to pet projects that failed to deliver. Even Biden admitted the IRA was less about reducing inflation and more about funding the global climate agenda. John Podesta, the man controlling https://spectrumlocalnews.com/nys/central-ny/environment/2024/01/31/john-podesta-will-take-over-for-john-kerry-as-the-us-special-climate-change-envoy, might as well be handing out blank checks at a lobbyist convention. Let's not forget Transportation Secretary Pete Buttigieg, who burned $7.5 billion on eight electric vehicle charging stations. That's a cost-per-station that would make Elon Musk burst out laughing—or crying. And Kamala Harris, armed with $42 billion for https://www.politico.com/news/2024/09/18/senate-republicans-ding-harris-role-as-broadband-czar-00179855, has accomplished as much as she did at the border: absolutely nothing. Funding the Resistance? A recent exposé from Project Veritas revealed EPA adviser Brent Efron https://www.youtube.com/watch?v=CblV6EwzKxg about funneling money to tribes, nonprofits, and states as quickly as possible before Trump's team could intervene. “It feels like we're on the Titanic and throwing gold bars off the edge,” he said. For once, the metaphor fits: Democrats are sinking, but they're determined to take everyone else down with them. “We gave them the money because it was harder if it was a government-run program, they could take the money away, if Trump won.”, Efron exclaims. Even Elon Musk https://www.nysun.com/article/biden-administration-goes-on-dangerous-and-destructive-climate-spending-spree-ahead-of-trump-inauguration, calling the video proof that "the U.S. government is actively working to undermine the American people." Trump's Transition Team: From Chaos to Competence Trump has made it clear that his second term will prioritize results over rhetoric. His administration will cut through the debris of Biden's failures with laser focus, appointing experts—not diversity freaks—to tackle America's most urgent problems.- Energy independence will be restored.- Government employees will be expected to actually show up to work as President Trump dismantles Biden's attempt to prevent 42,000 workers at the Social Security Administration https://www.bloomberg.com/news/articles/2024-12-03/biden-administration-locks-in-wfh-policies-for-some-federal-staff-ahead-of-trump.- Wasteful spending on unproductive programs will be slashed.Gone will be the carnival of incompetence that defined the Biden administration. Trump's team will hit the ground running, undoing four years of damage in record time. Peaceful Transition This! Aristotle said, "The worst form of inequality is to try to make unequal things equal." The Biden administration proved to be a https://theblacksphere.net/2024/12/carville-calls-biden-the-most-tragic-figure-in-american-politics/. And their transition has been no different. Despite inheriting the worst administration in history, Trump's first 100 days will be epic. And the transformation of America back to greatness will begin on Day One. A short of adrenalin is about to hit America, and it will last 4 years, challenging the boom of the Clinton years. If Trump performs as I predict (and he will), Democrats will be hard-pressed to win major elections for the next decade at least. In short, Trump doesn't care about the so-called “peaceful transition”. He has a man on his team who can replace NASA. And he appointed others who are equally talented in their own ways. Gone are the DEI appointments, and freak show of the Biden administration. This transition team knows it's at war with Biden. And like the election, this too will be an easy victory. Oh the irony of Trump ever sitting down with media again and how this was the Democrats' goal. As I have stated today and many times, the media is dying a slow death. X is the #1 media outlet in America. Media by the people. The platform that deplatformed President Trump is now his biggest defender by being blatantly OPEN. Trump is doing regular media now. Not that long ago, MSNBC's undynamic duo from Morning Joe begged president Trump for an interview. How must it feel for Trump to know how much the media participated in targeting him, and now they beg him for interviews. As all the Leftist media networks suffer, their only lifeline is getting him to sit down for an interview. And when he speaks, the added irony that they can no longer "fact-check" him, because the American people trust Trump more than they do the media itself. Next is the summary of the interview. Again, look for the irony, hypocrisy, and most of all the comedy of this. Present it as if you were a writer for the Trump sitcom hosted by me. I know what endears me to Donald Trump. When it comes to Americans, he tells us what his plans are. Sure he's more coy with our frenemies, but with us, he's a straight shooter. The fact is, I don't agree with everything Trump says or does. For example, in the interview, Trump reiterated that he has no plans for retribution and that success Alright, let's set the stage for the greatest sitcom plot twist ever: The Donald Trump Redemption Tour: Meet the Press Edition. Picture this—it's like a rom-com where the villain realizes they need the hero to save them. Except, instead of flowers, the media shows up with boom mics and trembling voices like, "Mr. President... would you please save our ratings?" The Setup: Desperate Times for Leftist Media You know the media's down bad when they start swiping right on Trump. These people spent years acting like he was Voldemort with a spray tan. Now? He's their only hope. The irony here is rich, folks. They've gone from screaming "Orange Man Bad!" to whispering, “Orange Man, can you spare some views?” It's like they planned this massive intervention to cancel him, but now they're the ones on life support. CNN's viewership is so low they might as well broadcast in Morse code. MSNBC is losing so many key demographics, I hear Rachel Maddow's next show is called Rachel Maddow: Live from My Basement. And Trump knows it. You could see it in his smirk during that Meet the Press interview. That smirk said, “You need me more than a vegan needs quinoa.”Become a supporter of this podcast: https://www.spreaker.com/podcast/the-kevin-jackson-show--2896352/support.
In this candid episode of AIIM OnAir, host Tori Miller Liu sits down with Sarah Sheffield, Lead Document and Records Management Specialist at the Strategic Petroleum Reserve, for an illuminating discussion about accessibility and inclusion in information management. Drawing from her personal journey transitioning from library science to records management following health challenges, Sarah offers unique insights into how the digital transformation of information management has created new opportunities for accessibility. She shares valuable perspectives on working in federal information management, earning the CIP certification, and navigating industry changes. The conversation takes an inspiring turn as Sarah discusses how vulnerability and authenticity can strengthen professional communities and how the information management field is uniquely positioned to lead in diversity and inclusion initiatives. She concludes with thoughtful observations about the challenges of managing rapidly expanding information in an increasingly digital world.
[SEGMENT 2-1] Lessons Learned 1 - Peaceful transition Democrats love promising a "peaceful transition of power," but history—and their actions—tell a different story. When Obama handed the reins to Trump, he made a https://theblacksphere.net/2024/11/the-myth-of-obamas-power-a-manufactured-legacy-and-misplaced-allegiance/ while his DOJ quietly sharpened its knives. Four years of investigations, conspiracies, and obstruction later, the Democrats finally ousted Trump using their COVID-19 coup, complete with ballot-stuffing, midnight counting, and media complicity. But their https://theblacksphere.net/2024/11/lets-not-let-democrats-forget-joe-biden/, leaving Biden with the unenviable task of ushering in yet another "peaceful transition"—this time back to Trump. Biden's Legacy of Chaos Let's take stock of what Joe Biden is leaving behind. Start with Bidenflation:- https://finance.yahoo.com/news/national-debt-tops-36-trillion-000208774.html, up $13 trillion since 2020.- Interest rates that https://tradingeconomics.com/united-states/inflation-cpi, particularly for small businesses. Families struggling to stretch their dollars farther than a triathlete on a treadmill.- Instead of financing our recent $1.8 trillion federal budget deficit by issuing 10- and 30-year bonds, Janet Yellen has instead https://nypost.com/2024/11/23/business/janet-yellen-exiting-office-leaving-mess-behind-for-trump-team/in a what has been described as “a nakedly political effort to avoid a massive jump in mortgage rates.” Mortgage rates created by Bidenflation, I remind you.Aristotle wrote about “moderation in all things,” but he didn't anticipate Joe Biden or Leftism. Biden's economic policies aren't just unmoderated; they're unhinged. The Strategic Petroleum Reserve is https://ycharts.com/indicators/us_ending_stocks_of_crude_oil_in_the_strategic_petroleum_reserve, energy prices are volatile, and Biden's administration seems to think solar panels is the answer. And what of the military? It's in shambles. Recruitment numbers are dismally low, matched by our stockpile of weapons. We can thank Biden for his proxy war in Ukraine and his failure to manage the Middle East, where Iran and its proxies, including a resurgent Al Qaeda that recently took control of Syria flex their muscles. In short, the world is a much less safe place under Joe Biden. [SEGMENT 2-2] Lessons Learned 2 And then there's the Department of Justice, which under Biden and Obama transformed from an institution of law to a political cudgel. Public trust in the DOJ is at an all-time low, but Biden isn't addressing the problem—he's doubling down, reportedly planning to pardon key players in his administration to shield them from accountability. The Irony of Democrat Spending If Biden's administration were a business, it would be Enron. Trillions of dollars are unaccounted for across multiple agencies. The CHIPS Act and Inflation Reduction Act (IRA) were boondoggles, diverting taxpayer money to pet projects that failed to deliver. Even Biden admitted the IRA was less about reducing inflation and more about funding the global climate agenda. John Podesta, the man controlling https://spectrumlocalnews.com/nys/central-ny/environment/2024/01/31/john-podesta-will-take-over-for-john-kerry-as-the-us-special-climate-change-envoy, might as well be handing out blank checks at a lobbyist convention. Let's not forget Transportation Secretary Pete Buttigieg, who burned $7.5 billion on eight electric vehicle charging stations. That's a cost-per-station that would make Elon Musk burst out laughing—or crying. And Kamala Harris, armed with $42 billion for https://www.politico.com/news/2024/09/18/senate-republicans-ding-harris-role-as-broadband-czar-00179855, has accomplished as much as she did at the border: absolutely nothing. Funding the Resistance? A recent exposé from Project Veritas revealed EPA adviser Brent Efron https://www.youtube.com/watch?v=CblV6EwzKxg about funneling money to tribes, nonprofits, and states as quickly as possible before Trump's team could intervene. “It feels like we're on the Titanic and throwing gold bars off the edge,” he said. For once, the metaphor fits: Democrats are sinking, but they're determined to take everyone else down with them. “We gave them the money because it was harder if it was a government-run program, they could take the money away, if Trump won.”, Efron exclaims. Even Elon Musk https://www.nysun.com/article/biden-administration-goes-on-dangerous-and-destructive-climate-spending-spree-ahead-of-trump-inauguration, calling the video proof that "the U.S. government is actively working to undermine the American people." Trump's Transition Team: From Chaos to Competence Trump has made it clear that his second term will prioritize results over rhetoric. His administration will cut through the debris of Biden's failures with laser focus, appointing experts—not diversity freaks—to tackle America's most urgent problems.- Energy independence will be restored.- Government employees will be expected to actually show up to work as President Trump dismantles Biden's attempt to prevent 42,000 workers at the Social Security Administration https://www.bloomberg.com/news/articles/2024-12-03/biden-administration-locks-in-wfh-policies-for-some-federal-staff-ahead-of-trump.- Wasteful spending on unproductive programs will be slashed.Gone will be the carnival of incompetence that defined the Biden administration. Trump's team will hit the ground running, undoing four years of damage in record time. Peaceful Transition This! Aristotle said, "The worst form of inequality is to try to make unequal things equal." The Biden administration proved to be a https://theblacksphere.net/2024/12/carville-calls-biden-the-most-tragic-figure-in-american-politics/. And their transition has been no different. Despite inheriting the worst administration in history, Trump's first 100 days will be epic. And the transformation of America back to greatness will begin on Day One. A short of adrenalin is about to hit America, and it will last 4 years, challenging the boom of the Clinton years. If Trump performs as I predict (and he will), Democrats will be hard-pressed to win major elections for the next decade at least. In short, Trump doesn't care about the so-called “peaceful transition”. He has a man on his team who can replace NASA. And he appointed others who are equally talented in their own ways. Gone are the DEI appointments, and freak show of the Biden administration. This transition team knows it's at war with Biden. And like the election, this too will be an easy victory. [SEGMENT 2-3] Lessons Learned 3 Oh the irony of Trump ever sitting down with media again and how this was the Democrats' goal. As I have stated today and many times, the media is dying a slow death. X is the #1 media outlet in America. Media by the people. The platform that deplatformed President Trump is now his biggest defender by being blatantly OPEN. Trump is doing regular media now. Not that long ago, MSNBC's undynamic duo from Morning Joe begged president Trump for an interview. How must it feel for Trump to know how much the media participated in targeting him, and now they beg him for interviews. As all the Leftist media networks suffer, their only lifeline is getting him to sit down for an interview. And when he speaks, the added irony that they can no longer "fact-check" him, because the American people trust Trump more than they do the media itself. Next is the summary of the interview. Again, look for the irony, hypocrisy, and most of all the comedy of this. Present it as if you were a writer for the Trump sitcom hosted by me. I know what endears me to Donald Trump. When it comes to Americans, he tells us what his plans are. Sure he's more coy with our frenemies, but with us, he's a straight shooter. The fact is, I don't agree with everything Trump says or does. For example, in the interview, Trump reiterated that he has no plans for retribution and that success Alright, let's set the stage for the greatest sitcom plot twist ever: The Donald Trump Redemption Tour: Meet the Press Edition. Picture this—it's like a rom-com where the villain realizes they need the hero to save them. Except, instead of flowers, the media shows up with boom mics and trembling voices like, "Mr. President... would you please save our ratings?" The Setup: Desperate Times for Leftist Media You know the media's down bad when they start swiping right on Trump. These people spent years acting like he was Voldemort with a spray tan. Now? He's their only hope. The irony here is rich, folks. They've gone from screaming "Orange Man Bad!" to whispering, “Orange Man, can you spare some views?” It's like they planned this massive intervention to cancel him, but now they're the ones on life support. CNN's viewership is so low they might as well broadcast in Morse code. MSNBC is losing so many key demographics, I hear Rachel Maddow's next show is called Rachel Maddow: Live from My Basement. And Trump knows it. You could see it in his smirk during that Meet the Press interview. That smirk said, “You need me more than a vegan needs quinoa.”[SEGMENT 2-4] Lessons Learned 4Become a supporter of this podcast: https://www.spreaker.com/podcast/the-kevin-jackson-show--2896352/support.
Tom welcomes back, Jesse Felder, founder, editor, and publisher of The Felder Report, to discuss inflation and its impact on investments. Felder argues that American citizens consider inflation a major issue, despite the Federal Reserve's efforts to contain it. He suggested the Fed might accept higher-than-targeted inflation levels in the future. Felder touches upon bond markets as indicators of potential inflation trends and the possibility of another "lost decade" for stock and bond portfolios due to current valuations. Felder criticizes passive investing, citing negative annual returns over a 10-year period, and emphasizes individual investors' attention to Warren Buffett's investment philosophy, focusing on valuation sensitivity. Buffett's massive cash position in Berkshire Hathaway was discussed, with reasons for his disinterest in gold and cautious approach due to concerns over the fiscal situation. Jesse suggests individual investors pay heed to Buffett's underlying investment strategy while acknowledging opportunities unavailable to Berkshire Hathaway. Felder also highlights the potential for a steep market reversal following the stock market's overexuberance post-Trump's election and emphasized insider activity and buy-sell ratios as indicators of earnings and economic disappointments in the equity market. He encourages investors to be cautious given current extreme valuations. Felder expresses his interest on oil and gas stocks due to the changing inflation environment and the new floor at $70 for oil prices. He believes that energy producers would benefit from a more stable foundation for their commodity, despite concerns about the Strategic Petroleum Reserve's size and potential implications of inflation and peak oil production. Time Stamp References:0:00 - Introduction0:37 - Inflation Been Fixed?3:45 - Fed & Inflation Targets8:16 - Bonds & Reality11:38 - Tariffs & Tax Cuts14:10 - A Lost Decade?18:05 - Warren Buffet Position28:14 - Risk Exposure & Gold32:08 - Market Exuberance36:50 - Avoiding Loss38:30 - Valuing Sectors40:00 - Energy & Tech43:44 - SPR & U.S. Production46:38 - Peak Energy & Inflation49:00 - Equity Mkt. Concerns50:12 - Wrap Up Talking Points From This Episode American citizens perceive inflation as a significant problem, despite Federal Reserve's attempts to control it. The Fed might accept higher-than-targeted inflation levels in the future. Buffett's cash position and disinterest in gold, potential market reversal, and focus on oil and gas stocks are notable. Guest Links:Twitter: https://twitter.com/jessefelderWebsite: https://thefelderreport.com/Articles: https://thefelderreport.com/blog/ Jesse Felder is the Founder, Editor, and Publisher of The Felder Report. He began his professional career at Bear, Stearns & Co. and later co-founded a multi-billion-dollar hedge fund firm headquartered in Santa Monica, California. Since moving to Bend, Oregon in 2000 and founding The Felder Report shortly thereafter his writing and research have been featured in major publications and websites like The Wall Street Journal, Barron's, Yahoo!Finance, Business Insider, RealVision, Investing.com, and more. Jesse also hosts and produces the Superinvestors and the Art of Worldly Wisdom podcast.
Truckload turnaround? Original Equipment Manufacturers give their forecasts for 2025. Wards Intelligence releases data on Class 8 truck sales, are they up or down? Climate summit, COP (Conference of the Parties) 29 opens in Baku, Azerbaijan with the President of Azerbaijan dropping a bomb shell. U.S. Department of Energy said that 200 million barrels of oil have been delivered to the Strategic Petroleum Reserve, we do the math. Tropical Depression 19 expected to hit Honduras and neighboring countries. Oil holds steady.
Truckload turnaround? Original Equipment Manufacturers give their forecasts for 2025. Wards Intelligence releases data on Class 8 truck sales, are they up or down? Climate summit, COP (Conference of the Parties) 29 opens in Baku, Azerbaijan with the President of Azerbaijan dropping a bomb shell. U.S. Department of Energy said that 200 million barrels of oil have been delivered to the Strategic Petroleum Reserve, we do the math. Tropical Depression 19 expected to hit Honduras and neighboring countries. Oil holds steady.
U.S. Commerce Department released September Retail Sales, up or down? U.S. Labor Department reported initial unemployment claim filings, increasing or decreasing? Phil Flynn, Senior Market Analyst, Author of The Energy Report & Contributor to Fox Business Network; we discuss a wide range of topics from Geopolitical issues in the Middle East, the Strategic Petroleum Reserve and the failure of green energy. Oil prices react to increased fighting in the Middle East, the expectation of retaliatory Israeli attacks on Iran and falling oil demand in China due to their slumping economy.
U.S. Commerce Department released September Retail Sales, up or down? U.S. Labor Department reported initial unemployment claim filings, increasing or decreasing? Phil Flynn, Senior Market Analyst, Author of The Energy Report & Contributor to Fox Business Network; we discuss a wide range of topics from Geopolitical issues in the Middle East, the Strategic Petroleum Reserve and the failure of green energy. Oil prices react to increased fighting in the Middle East, the expectation of retaliatory Israeli attacks on Iran and falling oil demand in China due to their slumping economy.
On this week's Stansberry Investor Hour, Dan and Corey welcome Pete Carmasino back to the show. Pete is chief market strategist at our corporate affiliate Chaikin Analytics. He's also editor of the Chaikin PowerTactics and Chaikin PowerTrader newsletters. With more than 25 years of experience in the financial-services industry, Pete joins the podcast to share some of his wisdom on sector rotations, pullbacks, and the housing market. Pete kicks off the show by talking about the Federal Reserve cutting interest rates, unemployment ticking higher, and the difficulty bond managers are having with timing the market. He also shares his thoughts on the Sahm Rule indicator, which says we're currently in a recession. Pete believes that Fed Chair Jerome Powell will only do a 25-basis-point rate cut, but that ultimately Japan will be the deciding factor in Powell's decision. This leads to a conversation about sector rotation and which sectors are outperforming today. (0:43) Next, Pete gives pointers on how to find investing opportunities within market rotations and pullbacks. He explains that a lot of the sectors that are thriving today serve as bond proxies, and a lot of the individual stocks that investors are flocking to are safe havens that pay high dividends. After, Pete talks about the trend in oil and gas prices over the past two years and how it has been influenced by the White House's efforts to refill the Strategic Petroleum Reserve. (18:46) Finally, Pete shares why he believes the housing market is on its way to reaching an "equilibrium" between buyers and sellers. He says housing prices can stay high (benefiting sellers) while interest-rate cuts will lower mortgages (benefiting buyers). Pete also cites increases to the lifetime gift/estate tax exemption as a reason for the influx of competitive all-cash housing transactions. (34:31)
On this week's Stansberry Investor Hour, Dan and Corey welcome Pete Carmasino back to the show. Pete is chief market strategist at our corporate affiliate Chaikin Analytics. He's also editor of the Chaikin PowerTactics and Chaikin PowerTrader newsletters. With more than 25 years of experience in the financial-services industry, Pete joins the podcast to share some of his wisdom on sector rotations, pullbacks, and the housing market. Pete kicks off the show by talking about the Federal Reserve cutting interest rates, unemployment ticking higher, and the difficulty bond managers are having with timing the market. He also shares his thoughts on the Sahm Rule indicator, which says we're currently in a recession. Pete believes that Fed Chair Jerome Powell will only do a 25-basis-point rate cut, but that ultimately Japan will be the deciding factor in Powell's decision. This leads to a conversation about sector rotation and which sectors are outperforming today. (0:43) Next, Pete gives pointers on how to find investing opportunities within market rotations and pullbacks. He explains that a lot of the sectors that are thriving today serve as bond proxies, and a lot of the individual stocks that investors are flocking to are safe havens that pay high dividends. After, Pete talks about the trend in oil and gas prices over the past two years and how it has been influenced by the White House's efforts to refill the Strategic Petroleum Reserve. (18:46) Finally, Pete shares why he believes the housing market is on its way to reaching an "equilibrium" between buyers and sellers. He says housing prices can stay high (benefiting sellers) while interest-rate cuts will lower mortgages (benefiting buyers). Pete also cites increases to the lifetime gift/estate tax exemption as a reason for the influx of competitive all-cash housing transactions. (34:31)
Vice President Kamala Harris and former President Donald Trump are set to face off for the first time tonight in their highly-anticipated presidential debate. POLITICO's Matt Daily breaks down how Trump and Harris offer vastly different visions for the country in terms of energy policy and how the issue may show up in tonight's debate. Plus, the Biden administration says it has purchased another 3.4 million barrels of oil for the nation's Strategic Petroleum Reserve. For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch And for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy Josh Siegel is an energy reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Kara Tabor is an audio producer for POLITICO. Alex Keeney is a senior audio producer at POLITICO. Gloria Gonzalez is the deputy energy editor for POLITICO. Matt Daily is the energy editor for POLITICO.
In this episode, TXOGA President Todd Staples and Shana Joyce, Vice President of Government and Regulatory Affairs, are joined by Dean Foreman, Chief Economist, for his “Foreman's Four” where he highlights four items about energy and economics that everyone should know. In addition, they discuss the effects of global geopolitics on supply and demand, the Strategic Petroleum Reserve, and how production has increased despite lower upstream employment numbers and rig counts, due to increased use of AI and process efficiencies.--TXOGA: Economic Insights: TXOGA's economic insights serve as a vital reference for our members as well as those who are interested in understanding data which tell the story of what's happening with the economy as well as oil and gas markets at the Texas, U.S. and global levels.TXOGA: Energy Economic Analysis Highlights Texas Energy Records Through July 2024
History shows robo-advisors failed to live up to the hype! When robo-advisors first came out years ago, people asked if I was worried about my career. I said no because I do believe that investing can be very complicated and a good advisor is worth it. I'm happy to report that has been the case. Robo advisors have only accumulated one trillion dollars in assets, that is only 2% of the entire $50 trillion advisory market. JPMorgan Chase and Goldman Sachs both dropped their robo-advisor programs because their clients didn't feel the low cost provided what they needed. Low costs were the initial selling point for robo-advisors but today most have added some human interaction. With that costs have increased and these hybrid services can now cost around 0.65%. In my opinion, that is still not a great option because you won't get a personal advisor and instead you will be left with a team of people who really don't know your situation. The biggest problem I have seen with the robo-advisors has been when things get difficult, investors have no one to talk to and they end up selling at the wrong time. When it comes to performance, I think most investors have found that the lower fees did not produce the results they had hoped for. Over the last five years, the best performing robo-advisor based on a 60/40 portfolio was Sofi Automated Investing with a 7.8% annualized return. Schwab pulled up the rear with their Schwab Intelligent Portfolios showing a five-year annualized return of only 5.8%. It's important to point out these numbers are only if the investor stayed in the program for five years straight. Sometimes automation can be great, but there are just certain areas of life such as your health and financial well-being that you need a good professional on your side to talk to when you need. A look into the history of inflation data Whether we're talking about the CPI or the PCE, it seems no one is happy with how inflation is reported. I tell people your personal inflation is the most important inflation to understand as it is based on what you're spending habits are rather than looking at someone else's. A good example is a college student has far different expenditures than a retired senior. The Bureau of Labor Statistics released its first CPI number in February 1921 and that report included data going back to 1913. Time has changed consumer inflation as spending and prices have changed overtime. From 1935 through 1939, food represented 33.9% of a household's expenses, today it is only 13%. During the depression, apparel was hard to come by and it was 11% of a paycheck. Today it only represents 2.6%. Many items are not comparable as time and style has changed. For example, cars and radios weren't common enough to be included in the earliest years and now radios have become a dying product. There are some items though that we can look back over history and come. In 1913 round steak was 22.3 cents a pound which is equal to about $7 today. This would be below the price of $8.25 in the month of May. Butter was hard to come by and cost 38.3 cents a pound. That would be around $12 a pound in today's dollars versus the May average of around $4.60. I will agree the CPI and even the PCE are not the best or should I say an exact measurement that people may want, but keep in mind the Bureau of Labor Statistics surveys metro area businesses and households collecting 94,000 prices and 8,000 rental housing unit quotes per month. So while it is a difficult task to take on, it is not just one person throwing out numbers but an accumulation of a lot of data that has been compiled for over 100 years. There will never be a perfect system for measuring inflation, but as of now they have not been able to find a better way to calculate it. The Strategic Petroleum Reserve has remained at low levels Oil currently trades around $75-$78 a barrel but the uneasiness in the Middle East should cause concern about the level of our Strategic Petroleum Reserve (SPR). The government used part of that reserve back when oil was $100 a barrel to try and keep the price of oil low, but they have never tried to replace it. We are currently sitting at a 41 year low on the SPR and I have to ask excuse the language, What the hell are we doing? Yes, the United States is currently pumping a lot of oil, but if there were a worldwide supply disruption that would then increase the price of oil around the world. The current administration should've been taken advantage of the low prices. We have had oil low for quite a while now and should have been buying a little bit at a time. For some reason the administration has chosen not to do that. I think this is a mistake and I do believe that if we don't do something soon, we have the potential for some major problems with our energy security here in the US. The US government is issuing too much short term debt over long-term debt We have said many times that we're not that concerned with the overall debt of the US government because a true balance sheet shows we will be OK. However, that doesn't mean that the current way we are financing that debt is correct. What concerns me is we are issuing too much short term debt versus long-term debt and that in the future the country will be at the mercy of short term interest rates to finance our large debt of $36 trillion. What should be happening is the government should be issuing more longer-term debt to lock in lower rates, just like you would on a mortgage. The concern is if they were to do that, it could cause long-term rates for consumers to increase. What appears to be happening is that the Federal Reserve will cut interest rates and short term rates will fall, but there should be a spread of around 2% from a short term rate to a 10 year treasury. If short term rates fell to a reasonable 3% that would put the 10 year treasury around 5%. It could cause some short term pain, but that's far better than having a big portion of our $36 trillion debt in short term maturities. If short term rates were to skyrocket so would the interest cost and that would create more problems. Why is gold hitting new highs? Last week gold surpassed $2500 per ounce, which is an all-time high for the precious metal. Many people thought with high inflation in 2021, 2022, and 2023 gold would have appreciated then, but it actually did very little as the ETF GLD was up just around 10% from the beginning of 2021 through the end of 2023. Something else that moves gold is the strength of the US dollar, which is starting to decline. The reason for the decline in the US dollar is because it does appear that interest rates are coming down. This generally leads the world to buy more gold. 2024 has been a great year for gold as it is up over 20% and while it may have some more appreciation going forward, you will still not find it in our portfolio. I still think there are some good value companies out there that are paying good dividends and that will outperform gold. Can Starbucks (SBUX) hold on to the recent 25% jump in their stock price? After the news that Starbucks hired Brian Niccol, the CEO from Chipotle, was released, the stock climbed 25%. The question is… can that higher stock price last? Under Brian‘s management at Chipotle, the stock climbed over 700%. Prior to being the CEO of Chipotle, he was the CEO for Taco Bell. They say being at the right place at the right time can help. When he first took over Chipotle, the company was having reputation problems, customer traffic issues, and their stock was struggling from the E. coli and norovirus outbreaks. He came in when the stock was trading at extreme lows and while I believe he did a great job, there was a lot of negativity priced into Chipotle's stock. It's important to understand how much larger Starbucks is and what a different business than Chipotle it is. It operates with 10 times as many stores, a large international business, and it has a packaged food business. I do believe that Brian Niccol has taken on a large order with his new role at Starbucks! Tesla may be further ahead in self driving then I was aware of On October 10th of this year, Tesla will be holding a robotaxi event for investors. I have said before that the Cruise division from General Motors and the Waymo division from Alphabet are far ahead on public testing for their driverless cars compared to Tesla. I recently saw an article in Barron's that showed data from Tesla that their software has accumulated over 1,500,000,000 miles. The question is will the government accept this software data or not. The government has come down very hard on both General Motors and Alphabet, let's see how they handle Tesla. The million-dollar home is just not as special as it used to be Living in San Diego many “normal homes” have surpassed the $1 million mark, but nationwide that trend has also been increasing. In 2023, 7.6% of US homes had a value of $1 million or more. In 2024, that number has now climbed to 8.5% of US homes. That is nearly a 12% increase for $1 million or higher homes. I just don't see how the price of homes can keep increasing at such a pace when incomes are not keeping up and affordability continues to remain a major problem. Could a potential overbuild of apartments help with housing prices? We have talked many times about the potential overbuild of apartment complexes and now as more projects are finishing, it appears we are finally seeing an impact on pricing. In the month of June, more multifamily units were completed than in any month in nearly 50 years. This is leading to more recent concessions as 33.2% of U.S. landlords offered at least one rent concession. This was up from 25.4% last year. The increased supply also led to a decline in the median asking price for apartments in one- to three- bedroom units in the month of July. This marked the first decline since 2020. According to Redfin data, the median asking rent price for a studio or one-bedroom apartment fell 0.1% to $1,498 a month; two-bedroom apartments decreased 0.3% to $1,730; and units with three bedrooms or more, were down 2.4% to $2,010. I believe this is a major positive as it could help control home prices if renting is a more cost competitive option. It should also be a huge benefit to inflation as CPI has continued to see a major negative impact from high shelter costs. Can Annuities Lose Money? Annuities are often associated with high fees and limited growth, but in exchange they come with guarantees like lifetime income and downside protection. This begs the question “can they lose money?”, and the answer is “absolutely”! There any many types of annuities and depending on how they are structured and the underlying investments, they can and do lose money despite being conservative. We met with someone this week who purchased an annuity three years ago for about $580,000. Now, even though the market has gone up during that time period, the annuity is worth less than $560,000, not including any surrender charges. How could this product lose $20,000 when most of the market overall is positive? Well, this was a variable annuity which means the account value is invested in a variety of mutual funds. When the annuity was purchased, the agent selected some funds that didn't do too well. On top of that this annuity came with an income rider that includes an additional fee that is deducted from the account balance, further hurting performance. This rider comes with a separate income base that grows at a non-compounded 5% per year, and at annuitization will pay out 3.5% of the income base for life. Basically, this means even if the account balance itself doesn't grow, guaranteed income can still be available from this income base. However, when you look at what this translates too, it does not seem attractive at all. This guy purchased the annuity when he was 58. If he starts collecting lifetime income at 65, he will be over 86 years old before he gets back the money he put in when he was 58. Technically this income is guaranteed for life, but with the fact that a low-interest checking account would have better performance over 30 years, the “guaranteed” benefit loses most of its appeal. Companies Discussed: Brinker International (EAT), Intuitive Surgical (ISRG), Cisco Systems (CSCO)
Send us a Text Message.This week, we're diving deep into the high-stakes game of interest rates, inflation, and economic stability. Is the Fed about to cut rates? Will this be a boon or a bust for your investments? Plus, we'll be talking more on regional bank woes and the government's energy gamble. Discover how the Fed's delicate balancing act between inflation and job growth will impact your investment strategy. Learn about the challenges facing regional banks as they navigate rising interest rates and a shaky commercial real estate market. Plus, understand the political and economic implications of replenishing the US Strategic Petroleum Reserve.This episode is brought to you by Premier Ridge Capital.Sign Up for our Newsletter and get our FREE E-Book where you'll learn everything you need to know about creating financial freedom through multifamily syndication.Visit www.premierridgecapital.com now! This episode is brought to you by Premier Ridge Capital.Build Generational Wealth As A Passive Investor In Multifamily Real Estate Syndication!Visit www.premierridgecapital.com to find out more.Support the Show.
Donate (no account necessary) | Subscribe (account required) In today's episode of The Wright Report, former CIA Operations Officer Bryan Dean Wright brings you the latest news shaping America and the world. Tune in for three key briefs: Venezuela's Election Turmoil: Venezuela's Marxist leader claims victory in the presidential election, sparking nationwide protests and international skepticism. Discover the implications for Venezuela and why this matters to the world. Solar Panel Cybersecurity Threats: Federal officials warn about the vulnerability of U.S. solar panels to Chinese hacking. Learn about the risks, the dominance of Chinese-manufactured solar components in the U.S., and what this means for national security. Listener-Driven Updates: Bryan addresses six pressing topics requested by you, the listeners, including the status of the U.S. Strategic Petroleum Reserve, updates on the Trump assassination attempt, and positive news from North Dakota's wheat harvest. "And you shall know the truth, and the truth shall make you free." - John 8:32
Dean Foreman, Chief Economist, Texas Oil & Gas Association joined Grayson Brulte on The Autonomy Economy podcast to discuss key trends and geopolitical issues that are impacting the global oil and natural gas markets. Today, there is record high global demand for oil and natural gas, driven by economic growth and increased consumption of petrochemicals. Despite efforts to transition to renewable energy, oil and gas remain critical to economic activity worldwide and without energy there is no form of economic activity. During the conversation, Grayson and Dean discuss several issues impacting the oil and natural gas markets including the geopolitical factors affecting energy markets, including the U.S. presidential election, potential conflicts in the Middle East, and shifting alliances in Europe. Dean emphasizes the importance of stable policies and international trade relationships for long-term energy investments.The conversation also covers the status of the U.S. Strategic Petroleum Reserve, which is at historically low levels. Dean expresses concern about the government's reluctance to replenish the reserve despite potential global instability.Regarding the U.S. economy, Dean notes high levels of consumer debt and its potential impact on spending and economic growth. Grayson and Dean go onto discuss the Federal Reserve's approach to interest rates and inflation and what impact interest rate cuts could have on the oil and natural gas markets.Throughout the podcast, Dean stresses the interdependence of energy markets, economic growth, and geopolitical stability. With regard to energy policy, Dean suggests a balanced approach that recognizes the ongoing importance of oil and gas while also addressing environmental concerns.Recorded on Tuesday, July 2, 2024Episode Chapters0:00 Fed Rate Cut Impact in the Oil & Natural Gas Markets4:39 Oil and Texas' Economy11:27 Exporting Natural Gas to Mexico13:18 Record Demand for Oil & Natural Gas17:29 Argentinean Shale Oil19:30 Impact of the U.S. Presidential Election on the Oil Markets20:48 EU Energy Policies24:20 Currencies Impact on the Oil Markets 27:41 Consumer Debt28:50 Strategic Petroleum Reserve (SPR)36:20 Hurricanes 38:51 Key Takeaways--------About The Road to AutonomyThe Road to Autonomy® is a leading source of data, insight and commentary on autonomous vehicles/trucks and the emerging autonomy economy™. The company has two businesses: The Road to Autonomy Indices, with Standard and Poor's Dow Jones Indices as the custom calculation agent; Media, which includes The Road to Autonomy and Autonomy Economy podcasts as well as This Week in The Autonomy Economy newsletter.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The Strategic Petroleum Reserve is the world's largest emergency supply of crude oil. In huge underground salt caverns along the Gulf of Mexico, the American federal government can store up to 714 million barrels, more than what the country uses in one month. Historically, the SPR has been tapped at the discretion of the president when natural disasters or crises cause the price of oil for consumers to spike.But when Russia invaded Ukraine and oil prices went haywire, Arnab Datta and Skanda Amarnath proposed a novel idea: what if the SPR wasn't just used as a stockpile of a commodity? If it used its ability to acquire oil strategically, could it support American industry and calm oil markets? Today, we talked to both of them.Timestamps:(00:00) Introduction(00:40) How do oil markets work?(02:25) How has the SPR been used historically?(07:42) Why oil investment kept dropping(16:53) Arnab and Skanda's big idea(20:55) Convincing the Biden administration(23:45) "Fixed-price forward contracts"(34:54) Isn't the SPR too small to shape oil markets?(42:10) The SPR pilot buy fails(51:09) A more aggressive approach(58:01) Keeping the political coalition together(01:02:26) The importance of elite media(01:09:43) Did the SPR "beat OPEC"?(01:12:52) Lessons for policy advocates This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.statecraft.pub
Discover how Biden's debate will impact energy security, how politics have impacted our Strategic Petroleum Reserve, and how the media continues to control the narrative in support of “Green New Deal”.
The incumbent administration made the strategic decision to offload a massive one million barrels of gasoline from our critical emergency reserves to reduce gas prices just before the long-awaited holiday weekend. The Department of Energy, the body tasked with overseeing our country's energy resources, has revealed that five contracts were awarded to several energy firms. These companies have been granted permission to purchase barrels that the Biden-led team is now liberating from the Northeast Gasoline Supply Reserve; this reserve is a component of the much larger federal Strategic Petroleum Reserve system. The primary motivation behind these well-timed releases is an attempt to bring down gas prices right before the Fourth of July festive break. Our leaders are certainly trying to appease the consumers with lowered prices as the summer driving season picks up. Under the leadership of Energy Secretary Jennifer Granholm, the Department has strategized the release of these reserve supplies specifically before the nation celebrates Independence Day. Its pure intent is to ensure an adequate flow of gas supply for the hardworking Northeast citizens at a crucial, high-demand time. Following the announcement of the intention to trigger releases from the Northeast Gasoline Supply Reserve, the DOE was met with active responses from the business front. A total of five firms put forth 19 proposals to the energy authority after learning about this lucrative opportunity, and it seems each of them got favorable responses; indeed, all five were awarded contracts. The strategic decision to release gas reserves has significant implications for the general public. The Department mentions that the barrels are being sold at an impressively average price of $2.34 per gallon, giving the consumer a clear monetary benefit ahead of the holidays. According to a DOE representative, it was Congress, through the 2024 Consolidated Appropriations Act, that necessitated the complete sale and subsequent closure of such a reserve. This step may be seen as part of broader administrative responses to price management, especially in the energy sector. See omnystudio.com/listener for privacy information.
Monday, June 10th, 2024Today, More Supreme Court corruption as Clarence Thomas finally adds more updates to his financial disclosure forms and Leonard Leo is found to have sent millions to his own firm; Joe Biden's economy added 278K jobs in may smashing expectations; South Korea restarts anti-North Korea loudspeaker broadcasts; Jim Comer attacks Joe Biden for using email aliases when he himself used two; how Joe Biden broke OPEC; that bag of $120K in cash didn't stop the jurors from convicting; plus Allison and Dana deliver your Good News.Promo Code:Helix is offering up to 20% off all mattress orders AND two free pillows for our listeners! Go to https://www.helixsleep.com/dailybeans.Tickets and LIVE show dates https://allisongill.comSubscribe for free to MuellerSheWrote on Substackhttps://muellershewrote.substack.com US buys 3 million barrels of oil for Strategic Petroleum Reserve (Reuters)Key takeaways from the blowout May jobs report (CNN)Clarence Thomas, in Financial Disclosure, Acknowledges 2019 Trips Paid by Harlan Crow (NYT)Nonprofit connected to Leonard Leo sent millions to his firm (Politico)James Comer Attacked Joe Biden for Using Email Aliases. He Used Two Himself (Daily Beast)Bag of cash doesn't stop jurors from convicting 5 of 7 defendants in $40 million food fraud scheme (AP News) Subscribe to Lawyers, Guns, And MoneyAd-free premium feed: https://lawyersgunsandmoney.supercast.comSubscribe for free everywhere else:https://lawyersgunsandmoney.simplecast.com/episodes/1-miami-1985Check out other MSW Media podcastshttps://mswmedia.com/shows/Follow AG and Dana on Social MediaDr. Allison Gill Follow Mueller, She Wrote on Posthttps://post.news/@/MuellerSheWrote?utm_source=TwitterAG&utm_medium=creator_organic&utm_campaign=muellershewrote&utm_content=FollowMehttps://muellershewrote.substack.comhttps://twitter.com/MuellerSheWrotehttps://www.threads.net/@muellershewrotehttps://www.tiktok.com/@muellershewrotehttps://instagram.com/muellershewroteDana Goldberghttps://twitter.com/DGComedyhttps://www.instagram.com/dgcomedyhttps://www.facebook.com/dgcomedyhttps://danagoldberg.comHave some good news; a confession; or a correction?Good News & Confessions - The Daily Beanshttps://www.dailybeanspod.com/confessional/From The Good Newshttps://www.belknapcounty.govManheim Township Democrats (Pennsylvania) Live Show Ticket Links:https://allisongill.com (for all tickets and show dates)Sunday, June 2nd – Chicago IL – Schubas TavernFriday June 14th – Philadelphia PA – City WinerySaturday June 15th – New York NY – City WinerySunday June 16th – Boston MA – City WineryMonday June 17th Boston, MA https://tinyurl.com/Beans-Bos2Wednesday July 10th – Portland OR – Polaris Hall(with Dana!)Thursday July 11th – Seattle WA – The Triple Door(with Dana!)Thursday July 25th Milwaukee, WI https://tinyurl.com/Beans-MKESunday July 28th Nashville, TN - with Phil Williams https://tinyurl.com/Beans-TennWednesday July 31st St. Louis, MO https://tinyurl.com/Beans-STLFriday August 16th Washington, DC - with Andy McCabe, Pete Strzok, Glenn Kirschner https://tinyurl.com/Beans-in-DCSaturday August 24 San Francisco, CA https://tinyurl.com/Beans-SF Listener Survey:http://survey.podtrac.com/start-survey.aspx?pubid=BffJOlI7qQcF&ver=shortFollow the Podcast on Apple:The Daily Beans on Apple PodcastsWant to support the show and get it ad-free and early?Supercasthttps://dailybeans.supercast.com/OrPatreon https://patreon.com/thedailybeansOr subscribe on Apple Podcasts with our affiliate linkThe Daily Beans on Apple Podcasts
In this episode of the Energy News Beat Daily Standup, the hosts, Michael Tanner and Stuart Turley discussed various global energy issues, including New Zealand lifting its oil drilling ban due to blackout fears, Colombia's economic risks amid a natural gas shortage, rising costs associated with green energy transitions, potential rolling blackouts in Texas, and Virginia resisting California's electric vehicle policies. They also covered the U.S. efforts to replenish its Strategic Petroleum Reserve and reviewed recent oil and gas market trends and rig counts. The episode emphasized the complexities of energy policies and the economic impacts of transitioning to renewable energy.Highlights of the Podcast00:00 - Intro01:39 - New Zealand to lift oil drilling ban amid blackout fears in blow to Starmer06:24 - Colombia Risks Economic Slowdown Amid Natural Gas Shortage09:01 - The Price of Going Green Is High13:10 - ERCOT says Texas could face rolling blackouts in August, as Houston officials announce cooling centers15:16 - Ignore California: Let Virginians Drive What They Want To Drive17:51 - Markets Update25:53 - OutroPlease see the links below or articles that we discuss in the podcast.New Zealand to lift oil drilling ban amid blackout fears in blow to StarmerJune 9, 2024 Stu TurleyNew Zealand was on Saturday night expected to revoke a ban on drilling for oil and gas amid fears of blackouts, as Labour plans to impose a similar crackdown on the North Sea. The country's coalition government […]Colombia Risks Economic Slowdown Amid Natural Gas ShortageJune 9, 2024 Stu TurleyENB Pub Note: There is a strong correlation between economic success and low-cost energy. This article is just one example of the negative impact the LNG export ban from the Biden Administration has on the […]The Price of Going Green Is HighJune 8, 2024 Stu Turley1: People around the world are beginning to object to the increasingly expensive costs of the “energy transition” being pushed by their governments and some businesses. 2: A paper by the Climate Policy Initiative (CPI) […]ERCOT says Texas could face rolling blackouts in August, as Houston officials announce cooling centersJune 8, 2024 Stu TurleyThe report found that energy demand throughout the state of Texas could reach as high as 78,000 megawatts in August. And city and county officials will open 22 cooling centers for the summer. Energy demand […]Ignore California: Let Virginians Drive What They Want To DriveJune 8, 2024 Stu TurleyKEY TAKEAWAYS California's policies on electric vehicles are exacerbating blackouts and restricting the ability of its residents to buy the cars they want. Virginians like gasoline-powered cars—99.39% of their vehicles have an internal-combustion engine. When […]Follow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsEnergy DashboardENB PodcastENB Substack– Get in Contact With The Show –
If you hear something you like, text your friends, if you don't hear something you like, text us here!Curious about the real story behind the United States Strategic Petroleum Reserve? Join us in a detailed conversation with Dr. Sheldon Jacobson, a professor of computer science at the University of Illinois, as he unpacks the history, purpose, and current status of this critical national resource. From its establishment during the oil crisis of the mid-1970s to its significant role in stabilizing both physical supplies and consumer confidence, we leave no stone unturned. Dr. Jacobson explains the dynamics of domestic oil production, the importance of fracking, and Canada's contribution to our oil imports, all while shedding light on the consequences of recent strategic sell-offs that have left the reserve at roughly half its capacity.But that's not all—our episode takes a global turn as we examine the broader energy landscape and its geopolitical stakes. With Dr. Jacobson, we dissect the rebranding of major oil refiners, the critical role of oil beyond just fueling cars, and the ongoing conflicts in Ukraine and the Middle East that impact global markets. As the election season looms, we explore the intricate dance between politics and energy policies. Wrapping up on a lighter note, we bust myths about the size of an oil barrel and share some funny anecdotes about working near oil reserves. And for our car enthusiasts, don't miss our rundown of exciting upcoming car events in the Houston area. This episode promises to be an enlightening and entertaining journey through the multifaceted world of oil and energy.The Original Lupe' Tortilla RestaurantsLupe Tortilla in Katy, Texas Gulf Coast Auto ShieldPaint protection, tint, and more!ProAm Auto AccessoriesProAm Auto Accessories: "THE" place to go to find exclusive and hard to find parts and accessories!Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.---- ----- Want more In Wheel Time Car Talk any time? In Wheel Time Car Talk is now available on iHeartRadio! Just go to iheartradio.com/InWheelTimeCarTalk where ever you are.----- -----Be sure to subscribe on your favorite podcast provider for the next episode of In Wheel Time Car Talk and check out our live broadcast every Saturday, 8a-11aCT simulcasting on iHeartRadio, YouTube, Facebook, Twitter, Twitch and InWheelTime.com.In Wheel Time Car Talk podcast can be heard on you mobile device from providers such as:Apple Podcasts, Pandora Podcast, Amazon Music Podcast, Spotify, Google Podcasts, iHeartRadio podcast, TuneIn + Alexa, Podcast Addict, Castro, Castbox and more on your mobile device.Follow InWheelTime.com for the latest updates!Twitter: https://twitter.com/InWheelTimeInstagram: https://www.instagram.com/inwheeltime/https://www.iheart.com/live/in-wheel-time-car-talk-9327/https://www.youtube.com/inwheeltimehttps://www.Facebook.com/InWheelTimeFor more information about In Wheel Time Car Talk, email us at info@inwheeltime.comTags: In Wheel Time, automotive car talk show, car talk, Live car talk show, In Wheel Time Car Talk
Inez Stepman of the Independent Women's Forum and host of the "High Noon" podcast is in for Jim. Join Greg and Inez as they discuss Harvard's new "Institutional Voice Working Group" report, Biden's attempts to explain away high oil prices with pre-election pandering, and the fast-approaching denouement of the Trump trial, along with all the implications associated with the verdict.First, they raise their eyebrows at Harvard's professed commitment to upholding free speech and open inquiry. They point out that Harvard's Institutional Voice Working Group is only making such statements to appease both angry donors and radical students, and that they will, in all likelihood, proceed with anti-speech policies when it comes to conservative voices.Next, they dissect President Biden's deceptive attempts to use Russia as the reason for high gas prices and to fashion a scapegoat out of oil companies and corporate greed. They also shake their heads at his inappropriate use of the Strategic Petroleum Reserve to essentially pander to voters. And they shake their heads at the counterproductive impact California Democrats may inflict with their new law that's supposedly designed to prevent gas price gouging. Finally, they wonder why the Biden-Harris campaign chose Robert DeNiro, of all people, to make a statement of endorsement outside of the Trump trial proceedings. They also consider the possible impacts, positive and negative, of the trial on Trump's popularity, as well as his chances of acquittal.Please visit our great sponsor:Omaha Steakshttps://omahasteaks.comUse promo code MARTINI for additional savings when you shop Gourmet Gift Packages for Father's Day.
(2:00) Our Pier-less Military — Needlessly Complex, Expensive FailuresThe Gaza Pier is Gone with the Wind — a boondoggle, Rube Goldberg project that necessitated by spineless politicians' subservience to Israel blockade of food aidWATCH the flotsam ruins and the mockeryStill no food deliveriesRussian jamming has completely destroyed the accuracy of "smart" munitions — complex, expensive, and broken(27:58) The Only Border That is NOT a "National Security Interest" of the Empire is USA Southern BorderSpecial forces colonel engages 2 Chechens taking pictures of his home and family, kills oneTwo illegal aliens apprehended as they try to enter Marine base in Virginia(37:16) NATO's Pearl Harbor…passive aggressive war…aggressive abroad, passively leaving border openUK government tells citizens to prep — food, water, wind up torches, etcWhy now? Is war coming?Rishi Sunak, already behind in the polls, pushes a military draft, an idea floated previously in response to RussiaIt's no longer a secret — openly talking about USA weapons used against Russia(54:59) Tim Pool Tries to Memory-Hole 2020 Trump TyrannyTrump will "consider" prosecuting FauciWATCH Trump says it was Biden who made Fauci King, but we've got the clips that show just the opposite.WATCH just before 2020 election, Trump supporters begged him to fire FauciWATCH why Trump didn't fire FauciWATCH Trump tries to sell the lie that Governors did it…here's the proof it was TrumpWATCH Trump says he stopped GOF — NO, he reinstated it after it had been stopped in 2014WATCH Trump pretends he will pardon Assange(1:36:09) How the Trump crew tried to rig the Libertarian ConventionPacking the houseStolen reserved seatsSecret Service confiscated rubber "debate chickens"Listener asks about Dr. Shiva(1:49:51) DEI Death Panels for Transplants A "diversity" point system of financial rewards and punishment to incentivize a racist allocation of kidney transplants (2:03:17) Strategic Shortages of Energy by Democrats at War with AmericaBiden to empty Strategic Petroleum Reserve, to temporarily lower gas prices over the 4th of July holiday for personal political gainNewsom's war on gasoline negatively impacts even neighboring Democrat statesEPA's "Clean Power Plan 2.0" — to ensure that you get "Net Zero" energy and "Net Zero" reliability(2:45:09) World Invocation Day and the UN's Occult Religion The pursuit of "spiritual energy", "ascended masters", "solar angels", in establishing global government. How does "Theosophy" connect political figures of both parties — from Eleanor Roosevelt to Michael Flynn? The REAL Uni-Party (2:53:15) The UN is fine with Satanism and the Occult, but don't take out Christian ads on Washington, DC buses. Lawsuit over DC hostility to and censorship of Christian speechFind out more about the show and where you can watch it at TheDavidKnightShow.comIf you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-showOr you can send a donation throughMail: David Knight POB 994 Kodak, TN 37764Zelle: @DavidKnightShow@protonmail.comCash App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7Money is only what YOU hold: Go to DavidKnight.gold for great deals on physical gold/silverFor 10% off Gerald Celente's prescient Trends Journal, go to TrendsJournal.com and enter the code KNIGHT
The Biden Administration is draining our petroleum reserve again so he can lower gas prices ahead of an election. David Covey running against Dade Phalen of Texas and what it takes to run for office. Are restaurants on the way out?See omnystudio.com/listener for privacy information.
Join Ryan Wiggins and Brad Range as they take over The Annie Frey Show, rebranded for the day as The Manny Frey Show, while Annie attends her kid's graduation, They delve into local politics, school board elections, and the current state of the economy, with special guest Jonathan Hoenig from CapitalistPig.com. Jonathan discusses economic trends, inflation, and gas price manipulations, and introduces his new book, "Can You Really Love a Dog? Leonard Peikoff and Ayn Rand on Pets." The hour also features fun segment of "Wiggins America," where Ryan shares offbeat stories and nostalgic food favorites. They debate the merits of Taco Bell's forgotten menu items and share Mark Cox's amusing tale about cicadas.
Tune into The Manny Frey Show on 97.1 FM as Ryan Wiggins and Brad Range fill in for Annie Frey. They tackle the current economic challenges under the Biden administration, with special guest Jonathan Hoenig from CapitalistPig.com. Jonathan provides insights into inflation, rising prices, and the impact on American households, while also discussing his new book, "Can You Really Love a Dog? Leonard Peikoff and Ayn Rand on Pets."
MAY 07, 2024 Hour 3: Bragg prosecutor leading Stormy Daniels questioning in Trump trial donated to Joe Biden, Democrats - How and Why Biden Destroyed the Strategic Petroleum Reserve - Hundreds of Russian Troops Gathered Out In The Open. They Didn't Know The Ukrainians Had Aimed Four ATACMS Rockets At Them KMJ's Afternoon Drive with Philip Teresi & E. Curtis Johnson Weekdays 2-6PM Pacific on News/Talk 580 & 105.9 KMJ Follow us on Facebook, Instagram, and X Listen to past episodes at kmjnow.com Subscribe to the show on Apple, Spotify, or Amazon Music Contact See omnystudio.com/listener for privacy information.
Earlier this year, the U.S. Energy Information Administration reported that the nation’s Strategic Petroleum Reserve, or SPR, held approximately 358 million barrels, its lowest level in forty years. Is that a problem? What is the SPR and how is it supposed to operate? How much petroleum is it supposed to hold? Listen in on the Regulatory Transparency Project's Explainer Episode 66, as expert J. Kennerly Davis discusses SPR.
The Rich Zeoli Show- Full Episode (04/19/2024): 3:05pm- On Friday, a man set himself on fire in Collect Pond Park right outside of the Manhattan Criminal Courthouse where Donald Trump's “hush money” trial was unfolding. According to the New York City Fire Department, the man was brought to New York Presbyterian/Weill Cornell Medical Center and is currently in critical condition. 3:30pm- The twelve jurors serving on former President Donald Trump's Manhattan “hush money” trial have been selected—along with six alternate jurors. According to reports, opening arguments in the case will begin on Monday. Trump has been indicted for attempting to conceal payments made to adult film actress Stormy Daniels. Manhattan District Attorney Alvin Bragg alleges that the payment concealment amounted to falsified business records which influenced the 2016 election. 4:05pm- The New York Post reports: “The man who lit himself on fire outside Manhattan court during former President Donald Trump's ‘hush money' trial Friday is a self-described ‘investigative researcher' who arrived in New York in the past few days, police said… Moments before he doused himself in gasoline and set himself ablaze, Azzarello tossed a stack of pamphlets into the air, which included links to a Substack newsletter apparently authored by the self-immolator called ‘The Ponzi Papers.' At the top of the site is an article with the headline “I have set myself on fire outside of the trump Trial,” followed by a rambling manifesto riddled with conspiracy theories on everything from cryptocurrency and Hollywood actors to COVID and former President Bill Clinton.” You can read the full article from Larry Celona, Joe Marino, and Chris Nesi here: https://nypost.com/2024/04/19/us-news/man-who-set-self-on-fire-outside-trump-trial-idd-as-max-azzarello/ 4:30pm- On Saturday, the House of Representatives will vote on four foreign aid bills totaling $95 billion—including a package that would send $60 billion to Ukraine. The bills cleared a procedural hurdle on Friday with bipartisan support—316 to 94, passing with more Democrat than Republican support. 4:50pm- Prior to entering the Manhattan Criminal Courthouse on Friday, Republican presidential candidate Donald Trump said “the gag order has got to come off”—noting that it's infringing upon his freedom of speech and prevents him from being open with the press. 5:05pm- Dr. Wilfred Reilly—Professor of Political Science at Kentucky State University—joins The Rich Zeoli Show to discuss his latest article for National Review, “Why the Rise in Trans Shooters?” You can read the full article here: https://www.nationalreview.com/2024/04/why-the-rise-in-trans-shooters/. Dr. Reilly's new book, “Lies My Liberal Teacher Told Me,” releases on June 11th but you can pre-order it now: https://a.co/d/jd6PjBb. 5:35pm- While speaking in Pennsylvania, President Joe Biden said that little kids regularly give him the middle finger. Plus, Fox News' Peter Doocy asked White House Press Secretary to clarify remarks Biden made earlier this week when he seemingly suggested his uncle was eaten by cannibals in New Guinea. 5:40pm- Students in the Nebo School District in Utah held a walkout after they were allegedly harassed by a small group of students who self-identify as “furries” and dress in animal costumes. According to the protesting students, school administrators allow the “furries” to bark at and bite other students without repercussions. 6:05pm- Daniel Turner—Founder & Executive Director of Power the Future—joins The Rich Zeoli Show to discuss the Biden Administration's decision to restrict oil and gas leasing in an Alaskan area that's roughly 13 million acres and crucial to the nation's Strategic Petroleum Reserve. You can learn more about Power the Future here: https://powerthefuture.com/about-us/ 6:30pm- On Friday, a man set himself on fire in Collect Pond Park right outside of the Manhattan Criminal Courthouse where Donald Trump's “hush money” trial was unfolding. According to the New York City Fire Department, the man was brought to New York Presbyterian/Weill Cornell Medical Center and is currently in critical condition. 6:35pm- On Saturday, the House of Representatives will vote on four foreign aid bills totaling $95 billion—including a package that would send $60 billion to Ukraine. The bills cleared a procedural hurdle on Friday with bipartisan support—316 to 94, passing with more Democrat than Republican support. 6:40pm- The Wall Street Journal Editorial Board writes: “California has spent $24 billion to combat homelessness over the last five years—and what did it get for its money? More homelessness, according to a new state audit that should embarrass Sacramento and infuriate taxpayers.” You can read the full editorial here: https://www.wsj.com/articles/california-homelessness-state-audit-grant-parks-gavin-newsom-e51d349b?mod=opinion_lead_pos2
The Rich Zeoli Show- Hour 4: 6:05pm- Daniel Turner—Founder & Executive Director of Power the Future—joins The Rich Zeoli Show to discuss the Biden Administration's decision to restrict oil and gas leasing in an Alaskan area that's roughly 13 million acres and crucial to the nation's Strategic Petroleum Reserve. You can learn more about Power the Future here: https://powerthefuture.com/about-us/ 6:30pm- On Friday, a man set himself on fire in Collect Pond Park right outside of the Manhattan Criminal Courthouse where Donald Trump's “hush money” trial was unfolding. According to the New York City Fire Department, the man was brought to New York Presbyterian/Weill Cornell Medical Center and is currently in critical condition. 6:35pm- On Saturday, the House of Representatives will vote on four foreign aid bills totaling $95 billion—including a package that would send $60 billion to Ukraine. The bills cleared a procedural hurdle on Friday with bipartisan support—316 to 94, passing with more Democrat than Republican support. 6:40pm- The Wall Street Journal Editorial Board writes: “California has spent $24 billion to combat homelessness over the last five years—and what did it get for its money? More homelessness, according to a new state audit that should embarrass Sacramento and infuriate taxpayers.” You can read the full editorial here: https://www.wsj.com/articles/california-homelessness-state-audit-grant-parks-gavin-newsom-e51d349b?mod=opinion_lead_pos2
MacroVoices Erik Townsend & Patrick Ceresna welcome back, Commodity Context Founder, Rory Johnston. Erik & Rory discuss all things crude oil, from fundamentals, to geopolitical risk to the Strategic Petroleum Reserve. https://bit.ly/444LL2L ⚫ Follow Rory on X: https://www.twitter.com/Rory_Johnston ⚫ Find out More: https://www.commoditycontext.com
//The Wire//1700Z April 4, 2024////ROUTINE////BLUF: GAS PRICES RISE IN RESPONSE TO U.S. CANCELING SPR ORDER.// -----BEGIN TEARLINE------International Events-Germany: Yesterday afternoon a Syrian migrant (of newly-granted Dutch citizenship) stabbed a 4-year-old girl in a supermarket in Wangen.Middle East: Rumors circulate that the United States may remove the Specially Designated Terror Group (SDTG) label applied to the Houthi-controlled Yemeni government in exchange for a cessation of attacks in the Red Sea. AC: Even though these claims are still rumor at this point, this is yet another confirmation that the US-led Operation PROSPERITY GUARDIAN is a complete failure, and has been so since it's very inception. Consequently, now that Houthi forces know they have bargaining power, attacks will likely increase to force a better diplomatic position. Over the past few weeks, Houthi attacks have waned, largely due to the complete lack of western-based traffic through the region.-HomeFront-USA: Gas prices increased immediately following the revelation that the Biden regime has cancelled two planned purchase orders of around 3 million barrels of oil to replenish the dangerously low Strategic Petroleum Reserve.Oklahoma: Yesterday an 82-year-old man self-immolated while being served an eviction notice in Oklahoma City. Anthony Goulding and his wife were being served with an eviction notice when Goulding set himself and his residence on fire. He died at the scene, and his wife (who suffers from Parkinson's Disease) has been removed to another location.Texas: Cal-Maine Foods, the largest producer of eggs in the United States announced the culling of 1.6 million hens following an avian flu outbreak at a facility in Parmer County.Texas: A Texas National Guard soldier was arrested for smuggling after being discovered trafficking an illegal for profit while using a government vehicle. Local media states that the soldier was offered around $5000 to smuggle one person into the United States.-----END TEARLINE-----Analyst Comments: The use of SPR resources was largely a crutch used by the federal government to keep gas prices down for consumers. However, this is not an infinite resource, and after depleting American wartime POL reserves to their lowest levels in history over the past few years, at some point the United States is going to have to adapt to the tightening international oil market instead of manipulating fuel prices here at home.Analyst: S2A1//END REPORT//
AlabamaMo Brooks rails against ALGOP for not making primary elections closedCongressman Aderholt calls for reforms to appropriations process in CongressA bill passes committee in AL House to enforce immigration laws in stateState senate to consider bill that streamlines religious exemptions for studentsAL House passes bill that revamps ethics laws re: political office2 tornadoes did damage on Tuesday night during severe storms, no injuriesNationalBiden refuses to refill Strategic Petroleum Reserve after depleting itBiden admin flying thousands of illegal aliens directly into USWisconsin voters approve a ban on private money used in electionsWisconsin reporter arrested after filing ethics complaints against AG & GovernorParents at CA school district hold student walk out after secret LGBTQ clubGA congresswoman wonders if House Speaker is being blackmailed on votes
Biden campaign takes offense at Trump calling illegal aliens who commit violent crimes "ANIMALS" because the left never dehumanizes ANYONE, right? Meltdowns over Nebraska potentially becoming a "winner take all" state in the 2024 Election are underway. School in New Mexico in lockdown for THE SECOND TIME this week due to ILLEGALS HIDING ON CAMPUS. Illegal Alien Bad Hombre DEPORTED THREE TIMES arrested in Utah with 124,000 FENTANYL pills. "TRANS" woman (MAN) pleads GUILTY after threatening to kill school children in Illinois. Biden cancels purchase to refill Strategic Petroleum Reserve because THE PRICES ARE TOO HIGH. Join UNGOVERNED on LFA TV every MONDAY - FRIDAY from 5pm to 6pm EASTERN! www.FarashMedia.com www.rumble.com/LFATV www.LFATV.us www.Switch2USA.com www.OFPFarms.com
Join Jim and Greg as they cheer two positive election results from Tuesday and call out the Biden administration for another failed promise.First, they applaud the voters of Jackson County, Missouri, for rejecting the demands of the Kansas City Chiefs and Kansas City Royals to approve a sales tax to bankroll a new baseball stadium and overhaul the football field.Next, they welcome the decision by Wisconsin voters to reject private financing or staffing of elections. It's in response to the millions poured into the 2020 elections by Facebook/Meta Founder Mark Zuckerberg.Finally, they're disgusted but not surprised that the Biden administration does not plan to honor its promise to refill the Strategic Petroleum Reserve after selling off much of it to artificially lower gas prices before the 2022 midterm electionsPlease visit our great sponsors:4Patriothttps://4Patriots.com/martiniGet the Deluxe 3-Month Survival Food Kit and the peace of mind your family deserves. Free shipping on orders over $97. Fast Growing Treeshttps://fastgrowingtrees.com/martiniUse code Martini to save an additional 15% off on your first order. .
Biden begins to distance himself from Israel after the far left and international community show support for Hamas. Biden cancels plans to refill the Strategic Petroleum Reserve. The US may revoke the Houthi terrorist label if they stop the Red Sea ship attacks. Dana explains why she is still not a fan of electric vehicles. The White House scoffs after Trump uses the term “bloodbath” to describe the border.Please visit our great sponsors:American Financinghttps://americanfinancing.netGet started today online or call 866-574-2500.Black Rifle Coffeehttps://blackriflecoffee.com/danaUse code DANA to save 20% on your next order. Goldcohttps://danalikesgold.comGet your free Gold Kit from GoldCo today.Field of Greenshttps://fieldofgreens.comUse promo code DANA to get 15% off plus free rush shipping. Hillsdale Collegehttps://danaforhillsdale.comVisit today to hear a Constitution Minute and sign up for Hillsdales FREE online courses.KelTechttps://KelTecWeapons.comSign up for the KelTec Insider and be the first to know the latest KelTec news.Patriot Mobilehttps://patriotmobile.com/danaGet free activation with code Dana.ReadyWise https://readywise.comUse promo code Dana20 to save 20% on any regularly priced item.Zbioticshttps://zbiotics.com/radioGet 15% your first order when you use code RADIO at checkout.
Apologies for the audio quality, but decided to lay down a show while we were on the road. I do cover several subjects today, including Biden's lie that he would refill the Strategic Petroleum Reserve. As I warned, we are now seeing several blue states registering illegals to vote. There are several ways this is happening and none of them should be legal. They going to flood the system with the permanent underclass they have knowingly allowed to enter the country. Crime is going up in most places due to liberal bail reform policies combined with judges and prosecutors who want to turn criminals back onto the streets as fast as possible. What's worse, they are not even recording the crimes to make the stats look better. Sage Steele admitted her interview last year with Joe Biden was scripted to the letter and she was warned not to deviate by one word. This also means Biden's answers were equally scripted. We literally have a puppet for a President. We end with word that Arctic sea ice levels are higher than they have bee in 21 years and continue an upward trend, despite the climate alarmists and ridiculous notions that 2023 was the hottest year ever for the plant. They will never stop peddling their lies. We just have to stop believing them. Take a moment to rate and review the show and then share the episode on social media. You can find me on Facebook, X, Instagram, GETTR and TRUTH Social by searching for The Alan Sanders Show. You can also support the show by visiting my Patreon page!
When President Trump wanted to top off the Strategic Petroleum Reserve in 2020, Senate Democrats blocked the plan. Now, Joe Biden is scrambling as his 40+ draw downs and sell offs of America's crude puts the country in serious financial danger. PLUS, using war in the Middle East as a new signal of virtue. Why climate crybaby Greta Thunberg and comedian Dave Chapelle may want to stay IN their respective lanes and OUT of war. Podcast Production: Bob Slone Audio Productions
Click here to join the member exclusive portion of my show: https://utm.io/ueSEj Joe Biden keeps tapping the Strategic Petroleum Reserve…just in time for the midterms; Liz Truss goes down in flames in the UK; and George Floyd's family looks to sue Kanye West. - - - DailyWire+: Stop giving your money to woke razor companies that hate your values. Shop Jeremy's Razors instead. Visit https://www.jeremysrazors.com/ to get your Founder's Kit today! Become a DailyWire+ member to access movies, shows, documentaries, and more: https://bit.ly/3rfvUvB - - - Today's Sponsors: ExpressVPN - Protect your online privacy with ExpressVPN. Get 3 Months FREE! https://www.EXPRESSVPN.com/BEN American Financing - To get started, call (866) 721-3300 or visit https://www.americanfinancing.net/ Boll & Branch - Use promo code "SHAPIRO" at checkout for 15% off your first set of sheets: https://www.bollandbranch.com/ Helix Sleep - Get up to $350 OFF + 2 FREE pillows with all mattress orders: https://helixsleep.com/BEN ZipRecruiter - Try ZipRecruiter for FREE: https://www.ziprecruiter.com/dailywire - - - Socials: Follow on Twitter: https://bit.ly/3cXUn53 Follow on Instagram: https://bit.ly/3QtuibJ Follow on Facebook: https://bit.ly/3TTirqd Subscribe on YouTube: https://bit.ly/3RPyBiB Learn more about your ad choices. Visit podcastchoices.com/adchoices
Click here to join the member exclusive portion of my show: https://utm.io/ueSEjJoe Biden keeps tapping the Strategic Petroleum Reserve…just in time for the midterms; Liz Truss goes down in flames in the UK; and George Floyd's family looks to sue Kanye West.- - - DailyWire+:Stop giving your money to woke razor companies that hate your values. Shop Jeremy's Razors instead. Visit https://www.jeremysrazors.com/ to get your Founder's Kit today!Become a DailyWire+ member to access movies, shows, documentaries, and more: https://bit.ly/3rfvUvB - - - Today's Sponsors:ExpressVPN - Protect your online privacy with ExpressVPN. Get 3 Months FREE! https://www.EXPRESSVPN.com/BEN American Financing - To get started, call (866) 721-3300 or visit https://www.americanfinancing.net/Boll & Branch - Use promo code "SHAPIRO" at checkout for 15% off your first set of sheets: https://www.bollandbranch.com/Helix Sleep - Get up to $350 OFF + 2 FREE pillows with all mattress orders: https://helixsleep.com/BENZipRecruiter - Try ZipRecruiter for FREE: https://www.ziprecruiter.com/dailywire- - -Socials:Follow on Twitter: https://bit.ly/3cXUn53 Follow on Instagram: https://bit.ly/3QtuibJ Follow on Facebook: https://bit.ly/3TTirqd Subscribe on YouTube: https://bit.ly/3RPyBiB Learn more about your ad choices. Visit podcastchoices.com/adchoices