Archive for 2018

WELL, NOBODY IN HIS RIGHT MIND WANTS THAT BOOB CHARLES: Commonwealth in secret succession plans. Forget the Commonwealth, Britain needs to skip Charles and go straight to William.

OPEN THREAD: Thread away!

PEOPLE: Poor people live in “food deserts” and can’t get anything good to eat.

TRUMP: Okay, let’s send them food boxes instead of SNAP cards.

PEOPLE: That’s terrible and racist!

ICO INVESTOR TV is a friend’s project and worth a look/subscription.

PROMINENT SJW HAS SECOND THOUGHTS: Cry him a river! Olympic figure skater Adam Rippon is pissed that he dug his own grave:

During a press conference Tuesday, Rippon — the first openly gay athlete selected to a U.S. Winter Olympic team — said he doesn’t want the attention on his comments on Pence to distract from his teammates.

“I don’t want my Olympic experience being about Mike Pence,” he said, according to CNN.

Huh — how did that happen in the first place?

MALE PRIVILEGE: “I happened upon an article in Psychology Today by Dr. Miles Groth, who posited that suicide among young males is four times more common than among young females. Not only that, but suicide is now occurring at younger ages, in the early teens. With males, Dr. Groth said that one problem may be the relationship between fathers and sons, such as young males not having had a father in boyhood. He cites other issues as well, such as body image and relationships with women. ‘Young males are very impulsive, more than females, and they act without thinking,’ he said. Dr. Groth elaborated on this theme in a 2014 interview, in which he said that men and boys have come to hate themselves.”

Read the whole thing.

OIL WARS: Shale Output Hasn’t Grown This Fast Since Oil Was at $100.

The situation is “reminiscent of the first wave of U.S. shale growth,” when a flood of American oil built up a global glut that sent prices crashing over four years ago, said the Paris-based IEA, which advises governments and corporations on energy trends.

Oil prices fell after the report’s release in Europe before recovering somewhat. Brent, the international benchmark was down 0.06% at $62.55 while U.S. prices were down 0.27% at $59.13.

Shale producers “cut costs dramatically” during the nearly three-year-long oil industry downturn, the IEA said. They then took advantage of the Organization of the Petroleum Exporting Countries cartel’s decision to cut its own output, which helped prices rise from the low $40s to over $70 a barrel as recently as late last month.

“All the indicators that suggest continued fast growth in the U.S. are in perfect alignment,” the IEA said.

OPEC had a choice between price and market share, and they sacrificed market share to prop up prices. Now they’ll get neither.