Did you guys all see what "Biden" did???

[K9Buck]

So Joe told companies to lower their prices? Wow, how heroic!

[P1tchblack]

ECONOMY

Weekly jobless claims fell to 166,000 last week, the lowest level since 1968

The labor market tightened further last week, with initial jobless claims falling to their lowest level in more than 53 years, the Labor Department reported Thursday.
Initial filings for unemployment dropped to 166,000, well below the Dow Jones estimate of 200,000 and 5,000 under the previous weekâ€s total, which was revised sharply lower. The department noted that it revised claims from 2017 to 2021 and changed the seasonal factors it is using to calculate the numbers.

Last weekâ€s total was the lowest since November 1968.

The numbers nevertheless reflect a jobs market that is subject to a severe worker shortage. There are about 5 million more employment openings than there are available workers, a situation that has driven up wages and contributed to spiraling inflation.

Federal Reserve officials are raising interest rates to try to constrict outsized demand that comes amid ongoing struggles in supply chains.
Despite the economyâ€s various obstacles, hiring has remained brisk, with nonfarm payrolls climbing by nearly 1.7 million in the first quarter of 2022.
Continuing claims, however, rose, totaling 1.52 million, according to data that runs a week behind the headline number.

The total of those receiving benefits under all programs declined to 1.72 million. The number was 18.4 million a year ago, when the government was providing enhanced support to workers displaced by Covid. The pandemicâ€s renewed spread over the winter showed little impact on the overall jobs numbers.


https://www.cnbc.com/2022/04/07/us-weekl...laims.html

[davebucknut]

ECONOMY

Weekly jobless claims fell to 166,000 last week, the lowest level since 1968

The labor market tightened further last week, with initial jobless claims falling to their lowest level in more than 53 years, the Labor Department reported Thursday.
Initial filings for unemployment dropped to 166,000, well below the Dow Jones estimate of 200,000 and 5,000 under the previous weekâ€s total, which was revised sharply lower. The department noted that it revised claims from 2017 to 2021 and changed the seasonal factors it is using to calculate the numbers.

Last weekâ€s total was the lowest since November 1968.

The numbers nevertheless reflect a jobs market that is subject to a severe worker shortage. There are about 5 million more employment openings than there are available workers, a situation that has driven up wages and contributed to spiraling inflation.

Federal Reserve officials are raising interest rates to try to constrict outsized demand that comes amid ongoing struggles in supply chains.
Despite the economyâ€s various obstacles, hiring has remained brisk, with nonfarm payrolls climbing by nearly 1.7 million in the first quarter of 2022.
Continuing claims, however, rose, totaling 1.52 million, according to data that runs a week behind the headline number.

The total of those receiving benefits under all programs declined to 1.72 million. The number was 18.4 million a year ago, when the government was providing enhanced support to workers displaced by Covid. The pandemicâ€s renewed spread over the winter showed little impact on the overall jobs numbers.


https://www.cnbc.com/2022/04/07/us-weekl...laims.html

Yep, everything is great, go brandon!

Sent from my SM-N960U using Tapatalk

[Hightop77]

ECONOMY

Weekly jobless claims fell to 166,000 last week, the lowest level since 1968

The labor market tightened further last week, with initial jobless claims falling to their lowest level in more than 53 years, the Labor Department reported Thursday.
Initial filings for unemployment dropped to 166,000, well below the Dow Jones estimate of 200,000 and 5,000 under the previous weekâ€s total, which was revised sharply lower. The department noted that it revised claims from 2017 to 2021 and changed the seasonal factors it is using to calculate the numbers.

Last weekâ€s total was the lowest since November 1968.

The numbers nevertheless reflect a jobs market that is subject to a severe worker shortage. There are about 5 million more employment openings than there are available workers, a situation that has driven up wages and contributed to spiraling inflation.

Federal Reserve officials are raising interest rates to try to constrict outsized demand that comes amid ongoing struggles in supply chains.
Despite the economyâ€s various obstacles, hiring has remained brisk, with nonfarm payrolls climbing by nearly 1.7 million in the first quarter of 2022.
Continuing claims, however, rose, totaling 1.52 million, according to data that runs a week behind the headline number.

The total of those receiving benefits under all programs declined to 1.72 million. The number was 18.4 million a year ago, when the government was providing enhanced support to workers displaced by Covid. The pandemicâ€s renewed spread over the winter showed little impact on the overall jobs numbers.


https://www.cnbc.com/2022/04/07/us-weekl...laims.html

Obviously this is the major issue now.  Not good news at all no matter how they spin it.

[P1tchblack]

ECONOMY

Weekly jobless claims fell to 166,000 last week, the lowest level since 1968

The labor market tightened further last week, with initial jobless claims falling to their lowest level in more than 53 years, the Labor Department reported Thursday.
Initial filings for unemployment dropped to 166,000, well below the Dow Jones estimate of 200,000 and 5,000 under the previous weekâ€s total, which was revised sharply lower. The department noted that it revised claims from 2017 to 2021 and changed the seasonal factors it is using to calculate the numbers.

Last weekâ€s total was the lowest since November 1968.

The numbers nevertheless reflect a jobs market that is subject to a severe worker shortage. There are about 5 million more employment openings than there are available workers, a situation that has driven up wages and contributed to spiraling inflation.

Federal Reserve officials are raising interest rates to try to constrict outsized demand that comes amid ongoing struggles in supply chains.
Despite the economyâ€s various obstacles, hiring has remained brisk, with nonfarm payrolls climbing by nearly 1.7 million in the first quarter of 2022.
Continuing claims, however, rose, totaling 1.52 million, according to data that runs a week behind the headline number.

The total of those receiving benefits under all programs declined to 1.72 million. The number was 18.4 million a year ago, when the government was providing enhanced support to workers displaced by Covid. The pandemicâ€s renewed spread over the winter showed little impact on the overall jobs numbers.


https://www.cnbc.com/2022/04/07/us-weekl...laims.html

Obviously this is the major issue now.  Not good news at all no matter how they spin it.

If it's any consolation, this thread is all sarcasm.

[zigbee]

Biden administration resumes oil and gas leases on federal lands as gasoline prices soar

The Bureau of Land Management will begin issuing sale notices next week




The Department of Interior announced Friday that it will resume the sale of oil and gas leases on federal land beginning next week.



The Bureau of Land Management will begin issuing final environmental assessments and sale notices on Monday for future oil and gas projects and will offer for lease "approximately 173 parcels on roughly 144,000 acres, an 80 percent reduction from the acreage originally nominated," BLM stated.



The move comes as President Biden faces gasoline price hikes and soaring inflation, each of which could prove politically catastrophic. Biden had said during the campaign that he wanted to end such leases and put a moratorium on them the first day of his presidency.

The administration sought to emphasize that it was trying to reopen drilling responsibly.

"How we manage our public lands and waters says everything about what we value as a nation," Interior Secretary Deb Haaland said in a statement. "For too long, the federal oil and gas leasing programs have prioritized the wants of extractive industries above local communities, the natural environment, the impact on our air and water, the needs of Tribal Nations, and, moreover, other uses of our shared public lands."



The department stated that the Bureau of Land Management "assessed potentially available and eligible acreage" in the states of Alabama, Colorado, Montana, Nevada, New Mexico, North Dakota, Oklahoma, Utah and Wyoming.

Within his first week in office, Biden signed an executive order to temporarily suspend new oil and gas leases on public lands and offshore waters for drilling and fracking.



In a statement to Fox News regarding the decision, the American Petroleum Institute expressed concern over whether the move will add "new barriers to increasing energy production."

"U.S. energy resources are the envy of the world and a long-term strategic asset that strengthens our national security and fuels our economy," said Frank Macchiarola, senior vice president of policy, economics, and regulatory affairs for API. "We are pleased to see the Interior Department finally announce a restart to the long-delayed onshore leasing program required under the law, but we are concerned that this action adds new barriers to increasing energy production, including removing some of the most significant parcels."



"At a time of high energy costs, these changes to long-standing fair and reasonable lease terms may further discourage oil and natural gas investment on federal lands," Macchiarola added. "We look forward to seeing the additional details of the leasing proposal."

[davebucknut]

Biden administration resumes oil and gas leases on federal lands as gasoline prices soar

The Bureau of Land Management will begin issuing sale notices next week




The Department of Interior announced Friday that it will resume the sale of oil and gas leases on federal land beginning next week.



The Bureau of Land Management will begin issuing final environmental assessments and sale notices on Monday for future oil and gas projects and will offer for lease "approximately 173 parcels on roughly 144,000 acres, an 80 percent reduction from the acreage originally nominated," BLM stated.



The move comes as President Biden faces gasoline price hikes and soaring inflation, each of which could prove politically catastrophic. Biden had said during the campaign that he wanted to end such leases and put a moratorium on them the first day of his presidency.

The administration sought to emphasize that it was trying to reopen drilling responsibly.

"How we manage our public lands and waters says everything about what we value as a nation," Interior Secretary Deb Haaland said in a statement. "For too long, the federal oil and gas leasing programs have prioritized the wants of extractive industries above local communities, the natural environment, the impact on our air and water, the needs of Tribal Nations, and, moreover, other uses of our shared public lands."



The department stated that the Bureau of Land Management "assessed potentially available and eligible acreage" in the states of Alabama, Colorado, Montana, Nevada, New Mexico, North Dakota, Oklahoma, Utah and Wyoming.

Within his first week in office, Biden signed an executive order to temporarily suspend new oil and gas leases on public lands and offshore waters for drilling and fracking.



In a statement to Fox News regarding the decision, the American Petroleum Institute expressed concern over whether the move will add "new barriers to increasing energy production."

"U.S. energy resources are the envy of the world and a long-term strategic asset that strengthens our national security and fuels our economy," said Frank Macchiarola, senior vice president of policy, economics, and regulatory affairs for API. "We are pleased to see the Interior Department finally announce a restart to the long-delayed onshore leasing program required under the law, but we are concerned that this action adds new barriers to increasing energy production, including removing some of the most significant parcels."



"At a time of high energy costs, these changes to long-standing fair and reasonable lease terms may further discourage oil and natural gas investment on federal lands," Macchiarola added. "We look forward to seeing the additional details of the leasing proposal."

So I'm sure the epa will be heavily involved and raise the price to drill anyways, so some will resume and some will not.

Sent from my SM-N960U using Tapatalk

[zigbee]

Biden administration resumes oil and gas leases on federal lands as gasoline prices soar

The Bureau of Land Management will begin issuing sale notices next week




The Department of Interior announced Friday that it will resume the sale of oil and gas leases on federal land beginning next week.



The Bureau of Land Management will begin issuing final environmental assessments and sale notices on Monday for future oil and gas projects and will offer for lease "approximately 173 parcels on roughly 144,000 acres, an 80 percent reduction from the acreage originally nominated," BLM stated.



The move comes as President Biden faces gasoline price hikes and soaring inflation, each of which could prove politically catastrophic. Biden had said during the campaign that he wanted to end such leases and put a moratorium on them the first day of his presidency.

The administration sought to emphasize that it was trying to reopen drilling responsibly.

"How we manage our public lands and waters says everything about what we value as a nation," Interior Secretary Deb Haaland said in a statement. "For too long, the federal oil and gas leasing programs have prioritized the wants of extractive industries above local communities, the natural environment, the impact on our air and water, the needs of Tribal Nations, and, moreover, other uses of our shared public lands."



The department stated that the Bureau of Land Management "assessed potentially available and eligible acreage" in the states of Alabama, Colorado, Montana, Nevada, New Mexico, North Dakota, Oklahoma, Utah and Wyoming.

Within his first week in office, Biden signed an executive order to temporarily suspend new oil and gas leases on public lands and offshore waters for drilling and fracking.



In a statement to Fox News regarding the decision, the American Petroleum Institute expressed concern over whether the move will add "new barriers to increasing energy production."

"U.S. energy resources are the envy of the world and a long-term strategic asset that strengthens our national security and fuels our economy," said Frank Macchiarola, senior vice president of policy, economics, and regulatory affairs for API. "We are pleased to see the Interior Department finally announce a restart to the long-delayed onshore leasing program required under the law, but we are concerned that this action adds new barriers to increasing energy production, including removing some of the most significant parcels."



"At a time of high energy costs, these changes to long-standing fair and reasonable lease terms may further discourage oil and natural gas investment on federal lands," Macchiarola added. "We look forward to seeing the additional details of the leasing proposal."

So I'm sure the epa will be heavily involved and raise the price to drill anyways, so some will resume and some will not.

Sent from my SM-N960U using Tapatalk

Again, this is just be contrarian per your normal role.  Can you link this or is this just opinion?

[davebucknut]

Biden administration resumes oil and gas leases on federal lands as gasoline prices soar

The Bureau of Land Management will begin issuing sale notices next week




The Department of Interior announced Friday that it will resume the sale of oil and gas leases on federal land beginning next week.



The Bureau of Land Management will begin issuing final environmental assessments and sale notices on Monday for future oil and gas projects and will offer for lease "approximately 173 parcels on roughly 144,000 acres, an 80 percent reduction from the acreage originally nominated," BLM stated.



The move comes as President Biden faces gasoline price hikes and soaring inflation, each of which could prove politically catastrophic. Biden had said during the campaign that he wanted to end such leases and put a moratorium on them the first day of his presidency.

The administration sought to emphasize that it was trying to reopen drilling responsibly.

"How we manage our public lands and waters says everything about what we value as a nation," Interior Secretary Deb Haaland said in a statement. "For too long, the federal oil and gas leasing programs have prioritized the wants of extractive industries above local communities, the natural environment, the impact on our air and water, the needs of Tribal Nations, and, moreover, other uses of our shared public lands."



The department stated that the Bureau of Land Management "assessed potentially available and eligible acreage" in the states of Alabama, Colorado, Montana, Nevada, New Mexico, North Dakota, Oklahoma, Utah and Wyoming.

Within his first week in office, Biden signed an executive order to temporarily suspend new oil and gas leases on public lands and offshore waters for drilling and fracking.



In a statement to Fox News regarding the decision, the American Petroleum Institute expressed concern over whether the move will add "new barriers to increasing energy production."

"U.S. energy resources are the envy of the world and a long-term strategic asset that strengthens our national security and fuels our economy," said Frank Macchiarola, senior vice president of policy, economics, and regulatory affairs for API. "We are pleased to see the Interior Department finally announce a restart to the long-delayed onshore leasing program required under the law, but we are concerned that this action adds new barriers to increasing energy production, including removing some of the most significant parcels."



"At a time of high energy costs, these changes to long-standing fair and reasonable lease terms may further discourage oil and natural gas investment on federal lands," Macchiarola added. "We look forward to seeing the additional details of the leasing proposal."

So I'm sure the epa will be heavily involved and raise the price to drill anyways, so some will resume and some will not.

Sent from my SM-N960U using Tapatalk

Again, this is just be contrarian per your normal role.  Can you link this or is this just opinion?

Are the dems still in charge of the epa?

Sent from my SM-N960U using Tapatalk

[zigbee]

Biden administration resumes oil and gas leases on federal lands as gasoline prices soar

The Bureau of Land Management will begin issuing sale notices next week




The Department of Interior announced Friday that it will resume the sale of oil and gas leases on federal land beginning next week.



The Bureau of Land Management will begin issuing final environmental assessments and sale notices on Monday for future oil and gas projects and will offer for lease "approximately 173 parcels on roughly 144,000 acres, an 80 percent reduction from the acreage originally nominated," BLM stated.



The move comes as President Biden faces gasoline price hikes and soaring inflation, each of which could prove politically catastrophic. Biden had said during the campaign that he wanted to end such leases and put a moratorium on them the first day of his presidency.

The administration sought to emphasize that it was trying to reopen drilling responsibly.

"How we manage our public lands and waters says everything about what we value as a nation," Interior Secretary Deb Haaland said in a statement. "For too long, the federal oil and gas leasing programs have prioritized the wants of extractive industries above local communities, the natural environment, the impact on our air and water, the needs of Tribal Nations, and, moreover, other uses of our shared public lands."



The department stated that the Bureau of Land Management "assessed potentially available and eligible acreage" in the states of Alabama, Colorado, Montana, Nevada, New Mexico, North Dakota, Oklahoma, Utah and Wyoming.

Within his first week in office, Biden signed an executive order to temporarily suspend new oil and gas leases on public lands and offshore waters for drilling and fracking.



In a statement to Fox News regarding the decision, the American Petroleum Institute expressed concern over whether the move will add "new barriers to increasing energy production."

"U.S. energy resources are the envy of the world and a long-term strategic asset that strengthens our national security and fuels our economy," said Frank Macchiarola, senior vice president of policy, economics, and regulatory affairs for API. "We are pleased to see the Interior Department finally announce a restart to the long-delayed onshore leasing program required under the law, but we are concerned that this action adds new barriers to increasing energy production, including removing some of the most significant parcels."



"At a time of high energy costs, these changes to long-standing fair and reasonable lease terms may further discourage oil and natural gas investment on federal lands," Macchiarola added. "We look forward to seeing the additional details of the leasing proposal."

So I'm sure the epa will be heavily involved and raise the price to drill anyways, so some will resume and some will not.

Sent from my SM-N960U using Tapatalk

Again, this is just be contrarian per your normal role.  Can you link this or is this just opinion?

Are the dems still in charge of the epa?

Sent from my SM-N960U using Tapatalk

Are you attempting to make a point?  Just link this please

[davebucknut]

Biden administration resumes oil and gas leases on federal lands as gasoline prices soar

The Bureau of Land Management will begin issuing sale notices next week




The Department of Interior announced Friday that it will resume the sale of oil and gas leases on federal land beginning next week.



The Bureau of Land Management will begin issuing final environmental assessments and sale notices on Monday for future oil and gas projects and will offer for lease "approximately 173 parcels on roughly 144,000 acres, an 80 percent reduction from the acreage originally nominated," BLM stated.



The move comes as President Biden faces gasoline price hikes and soaring inflation, each of which could prove politically catastrophic. Biden had said during the campaign that he wanted to end such leases and put a moratorium on them the first day of his presidency.

The administration sought to emphasize that it was trying to reopen drilling responsibly.

"How we manage our public lands and waters says everything about what we value as a nation," Interior Secretary Deb Haaland said in a statement. "For too long, the federal oil and gas leasing programs have prioritized the wants of extractive industries above local communities, the natural environment, the impact on our air and water, the needs of Tribal Nations, and, moreover, other uses of our shared public lands."



The department stated that the Bureau of Land Management "assessed potentially available and eligible acreage" in the states of Alabama, Colorado, Montana, Nevada, New Mexico, North Dakota, Oklahoma, Utah and Wyoming.

Within his first week in office, Biden signed an executive order to temporarily suspend new oil and gas leases on public lands and offshore waters for drilling and fracking.



In a statement to Fox News regarding the decision, the American Petroleum Institute expressed concern over whether the move will add "new barriers to increasing energy production."

"U.S. energy resources are the envy of the world and a long-term strategic asset that strengthens our national security and fuels our economy," said Frank Macchiarola, senior vice president of policy, economics, and regulatory affairs for API. "We are pleased to see the Interior Department finally announce a restart to the long-delayed onshore leasing program required under the law, but we are concerned that this action adds new barriers to increasing energy production, including removing some of the most significant parcels."



"At a time of high energy costs, these changes to long-standing fair and reasonable lease terms may further discourage oil and natural gas investment on federal lands," Macchiarola added. "We look forward to seeing the additional details of the leasing proposal."

So I'm sure the epa will be heavily involved and raise the price to drill anyways, so some will resume and some will not.

Sent from my SM-N960U using Tapatalk

Again, this is just be contrarian per your normal role.  Can you link this or is this just opinion?

Are the dems still in charge of the epa?

Sent from my SM-N960U using Tapatalk

Are you attempting to make a point?  Just link this please

My point is that we can all guarantee that the epa under the Biden administration will have more regulations on drilling than a trump administration.

If you need a "link" to figure that out then idk what to tell you.

Or are you just wanting to pick a fight with your members again?

Sent from my SM-N960U using Tapatalk

[zigbee]

So I'm sure the epa will be heavily involved and raise the price to drill anyways, so some will resume and some will not.

Sent from my SM-N960U using Tapatalk

Again, this is just be contrarian per your normal role.  Can you link this or is this just opinion?

Are the dems still in charge of the epa?

Sent from my SM-N960U using Tapatalk

Are you attempting to make a point?  Just link this please

My point is that we can all guarantee that the epa under the Biden administration will have more regulations on drilling than a trump administration.

If you need a "link" to figure that out then idk what to tell you.

Or are you just wanting to pick a fight with your members again?

Sent from my SM-N960U using Tapatalk

Whenever you get challenged on saying things which is not going to happen it's always "picking a fight" with members.    Biden is now doing what we all wanted and of course you chime in with "opinion" that the EPA will ruin this.  All I'm asking is for you to prove it.   I would like to learn believe it or not things which are TRUE not BS.   So, if you have information on this which is not speculation then simply give me something to read about it.  If it is your OPINION the EPA will do this simply just state it.
Thanks

[Hightop77]

I think some people still don't understand that the wire pullers handling Biden will literally say anything to dupe the public and take the pressure off.  They can issue press releases all day long claiming they are going to open up more drilling but I don't believe it is going to happen at least not the way they are implying.  Keep in mind they are still blaming Putin for inflation and fuel prices.  These commies do focus groups and then decide what they can say that will help their polling.  Trust nothing that they say.

[davebucknut]

Again, this is just be contrarian per your normal role.  Can you link this or is this just opinion?

Are the dems still in charge of the epa?

Sent from my SM-N960U using Tapatalk

Are you attempting to make a point?  Just link this please

My point is that we can all guarantee that the epa under the Biden administration will have more regulations on drilling than a trump administration.

If you need a "link" to figure that out then idk what to tell you.

Or are you just wanting to pick a fight with your members again?

Sent from my SM-N960U using Tapatalk

Whenever you get challenged on saying things which is not going to happen it's always "picking a fight" with members.    Biden is now doing what we all wanted and of course you chime in with "opinion" that the EPA will ruin this.  All I'm asking is for you to prove it.   I would like to learn believe it or not things which are TRUE not BS.   So, if you have information on this which is not speculation then simply give me something to read about it.  If it is your OPINION the EPA will do this simply just state it.
Thanks

I didn't say ruin, I said they'll likely have a lot of regulations on drilling, more than a trump admin would have.

Yet you somehow were shocked by this and demanded a link.

Well zig I don't need a link to predict what the Biden admin will do.

Ultimately those regulatory differences will cause some companies to choose not to drill at all because of higher costs.

Let this play out for a year and wr can see who was correct.

Sent from my SM-N960U using Tapatalk

[davebucknut]

I think some people still don't understand that the wire pullers handling Biden will literally say anything to dupe the public and take the pressure off.  They can issue press releases all day long claiming they are going to open up more drilling but I don't believe it is going to happen at least not the way they are implying.  Keep in mind they are still blaming Putin for inflation and fuel prices.  These commies do focus groups and then decide what they can say that will help their polling.  Trust nothing that they say.

Do you have a link to back up these claims?
Asking for a friend.

Sent from my SM-N960U using Tapatalk