• US tight oil production and the future oil price
• Dubai:MD and CEO of DEWA receives CEO of First Solar
• UAE's Masdar inks deal to build Mauritania solar projects
• No 'significant' change in Saudi oil policy after king's death
• Algeria:To increase its oil output & renewable energy projects production
• Norway: Det norske commences drilling on the Ivar Aasen field
• Bangladesh:KrisEnergy completes 2D seismic program in SS-11
• India: Energy subsidies prove drain on Indian economy
• Oil producers in US not able to drill at $45 a barrel
• Oil price plunge to boost global M&A activity in 2015, says EY
Is Deep Water Oil Drilling a National Security IssueZiad K Abdelnour
Why are oil companies like British Petroleum being allowed to drill so deeply in hazardous conditions under the Gulf? In other words, why has the government been so supportive of deep water drilling in the Gulf?
TD Securities Calgary Energy Conference 2014Enbridge Inc.
Al Monaco, President and CEO, Enbridge Inc. discussed the strategic imperative of energy market access before an audience of investors, business leaders, and energy industry representatives.
Uncertainty is Clouding the Energy Trading OutlookCTRM Center
As the United States continues to rapidly grow its production of oil and gas from shale, and Canada increases production from its oil-rich tar sands, these new volumes are helping to support world oil markets as crude production outside the US declines due to increasing conflict in the Middle East and North Africa. Should these conflicts widen, the global markets will be increasingly volatile as supply disruptions outpace the growth in North American production.
Though US natural gas production has not yet impacted the global market space via LNG exports, there is no doubt that those exports will happen. While the impact on US prices is unclear at this time, these exports will be yet another variable with which to content in a US market already unsettled by increasing regulations that will, by design, reshape the US energy mix.
Dealing with this uncertainty will require increasing market vigilance, with a constant view on both the near and longterm energy outlook, and supported by a commodity trading and risk management solution that facilitates analytics, market visibility and regulatory compliance, such as Eka Energy.
• US tight oil production and the future oil price
• Dubai:MD and CEO of DEWA receives CEO of First Solar
• UAE's Masdar inks deal to build Mauritania solar projects
• No 'significant' change in Saudi oil policy after king's death
• Algeria:To increase its oil output & renewable energy projects production
• Norway: Det norske commences drilling on the Ivar Aasen field
• Bangladesh:KrisEnergy completes 2D seismic program in SS-11
• India: Energy subsidies prove drain on Indian economy
• Oil producers in US not able to drill at $45 a barrel
• Oil price plunge to boost global M&A activity in 2015, says EY
Is Deep Water Oil Drilling a National Security IssueZiad K Abdelnour
Why are oil companies like British Petroleum being allowed to drill so deeply in hazardous conditions under the Gulf? In other words, why has the government been so supportive of deep water drilling in the Gulf?
TD Securities Calgary Energy Conference 2014Enbridge Inc.
Al Monaco, President and CEO, Enbridge Inc. discussed the strategic imperative of energy market access before an audience of investors, business leaders, and energy industry representatives.
Uncertainty is Clouding the Energy Trading OutlookCTRM Center
As the United States continues to rapidly grow its production of oil and gas from shale, and Canada increases production from its oil-rich tar sands, these new volumes are helping to support world oil markets as crude production outside the US declines due to increasing conflict in the Middle East and North Africa. Should these conflicts widen, the global markets will be increasingly volatile as supply disruptions outpace the growth in North American production.
Though US natural gas production has not yet impacted the global market space via LNG exports, there is no doubt that those exports will happen. While the impact on US prices is unclear at this time, these exports will be yet another variable with which to content in a US market already unsettled by increasing regulations that will, by design, reshape the US energy mix.
Dealing with this uncertainty will require increasing market vigilance, with a constant view on both the near and longterm energy outlook, and supported by a commodity trading and risk management solution that facilitates analytics, market visibility and regulatory compliance, such as Eka Energy.
Grant Thornton - Survey of Upstream U.S. Energy Companies 2012Grant Thornton
The Grant Thornton LLP Survey of Upstream U.S. Energy Companies 2012 provides a detailed look at the state of the industry, including employment outlooks, price expectations and areas of opportunity. Now in its tenth year, the survey comprises responses from more than 100 senior executives of independent oil and gas exploration and service companies.
After four straight years of low expectations for hiring, the survey reveals a marked increase in the percentage of respondents looking for the industry’s overall level of employment to rise in the coming months. Continuing this optimistic trend, 77 percent of executives believe new reserves found in the various shale plays in the U.S. could shift or change the nation’s dependence on foreign oil.
GT - Growth strategy: Perspectives from financial executivesGrant Thornton
We’ve all heard the expression “grow or die,” but how are financial executives thinking about their own companies’ growth? A joint report by FEI Canada and Grant Thornton LLP that seeks to answer this question.
Greetings,
Attached FYI ( NewBase Special 28 March 2016 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• Gas prices claims its first victim, $40 Billion LNG Casualty
• Oman Oil Company Seeks $1 bn Funding for Khazzan Tight Gas Project
• Oman: New hydrocarbon opportunities under exploration in Block 53
• U.S. petroleum product exports continue to increase
• Scotland ends coal-fired electricity
• Oil prices rise in thin Asian trade after break
• Oil Halts Two-Day Slide After U.S. Rig Count Resumes Decline
• Oil Volatility to persist with Opec meeting in focus
• Subsea injection systems provide economic reward
• Oil Recovery Hits Saudi Devaluation Bet
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
NewBase 16 October 2023 Energy News issue - 1665 by Khaled Al Awadi_compres...Khaled Al Awadi
NewBase 16 October 2023 Energy News issue - 1665 by Khaled Al AwadiNewBase 16 October 2023 Energy News issue - 1665 by Khaled Al AwadiNewBase 16 October 2023 Energy News issue - 1665 by Khaled Al AwadiNewBase 16 October 2023 Energy News issue - 1665 by Khaled Al AwadiNewBase 16 October 2023 Energy News issue - 1665 by Khaled Al AwadiNewBase 16 October 2023 Energy News issue - 1665 by Khaled Al AwadiNewBase 16 October 2023 Energy News issue - 1665 by Khaled Al AwadiNewBase 16 October 2023 Energy News issue - 1665 by Khaled Al Awadi
Grant Thornton - Survey of Upstream U.S. Energy Companies 2012Grant Thornton
The Grant Thornton LLP Survey of Upstream U.S. Energy Companies 2012 provides a detailed look at the state of the industry, including employment outlooks, price expectations and areas of opportunity. Now in its tenth year, the survey comprises responses from more than 100 senior executives of independent oil and gas exploration and service companies.
After four straight years of low expectations for hiring, the survey reveals a marked increase in the percentage of respondents looking for the industry’s overall level of employment to rise in the coming months. Continuing this optimistic trend, 77 percent of executives believe new reserves found in the various shale plays in the U.S. could shift or change the nation’s dependence on foreign oil.
GT - Growth strategy: Perspectives from financial executivesGrant Thornton
We’ve all heard the expression “grow or die,” but how are financial executives thinking about their own companies’ growth? A joint report by FEI Canada and Grant Thornton LLP that seeks to answer this question.
Greetings,
Attached FYI ( NewBase Special 28 March 2016 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• Gas prices claims its first victim, $40 Billion LNG Casualty
• Oman Oil Company Seeks $1 bn Funding for Khazzan Tight Gas Project
• Oman: New hydrocarbon opportunities under exploration in Block 53
• U.S. petroleum product exports continue to increase
• Scotland ends coal-fired electricity
• Oil prices rise in thin Asian trade after break
• Oil Halts Two-Day Slide After U.S. Rig Count Resumes Decline
• Oil Volatility to persist with Opec meeting in focus
• Subsea injection systems provide economic reward
• Oil Recovery Hits Saudi Devaluation Bet
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
NewBase 16 October 2023 Energy News issue - 1665 by Khaled Al Awadi_compres...Khaled Al Awadi
NewBase 16 October 2023 Energy News issue - 1665 by Khaled Al AwadiNewBase 16 October 2023 Energy News issue - 1665 by Khaled Al AwadiNewBase 16 October 2023 Energy News issue - 1665 by Khaled Al AwadiNewBase 16 October 2023 Energy News issue - 1665 by Khaled Al AwadiNewBase 16 October 2023 Energy News issue - 1665 by Khaled Al AwadiNewBase 16 October 2023 Energy News issue - 1665 by Khaled Al AwadiNewBase 16 October 2023 Energy News issue - 1665 by Khaled Al AwadiNewBase 16 October 2023 Energy News issue - 1665 by Khaled Al Awadi
The oil industry, with its history of booms and busts, is in its deepest downturn since the 1990s, if not earlier.
Earnings are down for companies that made record profits in recent years, leading them to decommission more than two-thirds of their rigs and sharply cut investment in exploration and production. Scores of companies have gone bankrupt and an estimated 250,000 oil workers have lost their jobs.
The cause is the plunging price of a barrel of oil, which has fallen more than 70 percent since June 2014.
Prices recovered a few times last year, but a barrel of oil has already sunk this year to its lowest level since 2004. Executives think it will be years before oil returns to $90 or $100 a barrel, a price that was pretty much the norm over the last decade.
Brent crude, the main international benchmark, was trading at around $29.64 ( 21st February 2016) a barrel on Saturday.
United States production has surged in recent years as the shale boom took off. That has helped create a glut of oil as major producers like Saudi Arabia continue to pump at high levels.
Please find attached our complimentary copy of our Oil Buyer's Guide 2013 Review. This is just a sample of incredible content our subscribers receive each day. Visit bloombergbriefs.com for more information.
Energy Equipment & Services: Industry Insights & HappeningsCapstone Headwaters
The latest issue of our monthly Energy Equipment & Services Report, highlighting trends in M&A, financing and capital markets for private and public companies in the energy market, is now available.
The Gulf oil spill and drilling moratorium has forced a shift within the energy industry from offshore to onshore. This presentation discusses this trend and profile the prolific Bakken play in the U.S. and some observations of the markets and the oil services sector.
An issue brief/report from the Manhattan Institute. The 20-page report says now is the time for the U.S. to press its advantage in shale energy. The report's writer, senior fellow at the Manhattan Institute, Oren Cass, points out the cyclical nature of commodity prices for oil and gas and says even though prices are down now--they won't stay that way. In order to take full advantage of the shale boom, Cass suggests 11 reforms to help craft a smarter U.S. energy policy--one that will amplify the current boom and extend it far into the future.
ase for critical thinkingScenarioplanningatRoyalDu.docxwildmandelorse
ase for critical thinking
Scenario
planning
at
Royal
Dutch
Shell
On 16 October 1973, a great oil crisis began when Organization of Petroleum Exporting Countries (OPEC) raised the price of oil by 70 per cent and reduced production. This was in response to the decision by the United States to re-supply the Israeli military during the Yom Kippur war, lasting until March 1974. As a consequence, the market price of oil rose substantially — from $3 a barrel to $12. The trend of recessions and high inflation in the world financial systems until the 1980s meant that the price of oil continued to increase
198
until 1986.
24
This, according to Shell, meant that ‘An era of cheap energy had come to an end and oil was no longer a buyer’s market’.
25
However, when the oil shock came in October 1973 after the Yom Kippur war, Shell was the only oil major prepared for it. In the early 1970s, Pierre Wack was a planner in Royal Dutch Shell in London, and had calculated the impact of a possible rise in the oil price and a likely increase in the world’s appetite for oil. He and his colleagues had mapped out a scenario in which the OPEC demanded much higher prices for their oil following the 1967 Arab–Israel six-day war. In effect, Shell’s managers were able to plan for this eventuality and apply this planning to the crisis following the Yom Kippur war while other oil companies struggled.
26
In order to survive, Shell adopted a policy of diversification, branching out into the areas of coal, nuclear power and metals. Firstly, in 1970 Shell purchased Billiton, an established metals mining company (which it later sold). In 1973, the company moved into nuclear power by forming a partnership with Gulf Oil to manufacture gas-cooled reactors and their fuels. Shell’s success in coal was limited. In the 1970s, the company also continued its work in developing the oil fields in the North Sea. While a huge investment was required due to the adverse weather conditions and the instability of the sea bed, the cost was justified due to the sheer size of the oil fields in the North Sea, as well as the fact that supply from the Middle East was reduced at the time.
27
Royal
Dutch
Shell
became a leader in profitability, and continues to use
scenario
planning
as an aid to opportunity-framing and strategy formulation.
28
With the world making commendable efforts to limit its consumption of fossil fuels in the face of ‘peak oil’ (the time when demand exceeds supply) and increasing its reliance on wind and solar power, the long-established ‘legacy expectations’ of enduring access to easily accessible oil remain stubbornly fixed in the minds of both developed and developing nations.
Scenario
planning
is using careful research inputs to examine the prejudices of policy-makers and the demands of populations to arrive
at
sustainable solutions to energy needs, and to avoid the catastrophe of a war over oil. Is such a crisis likely, or even possible? Consider the following .
Case for critical thinkingScenarioplanningatRoyalD.docxcowinhelen
Case for critical thinking
Scenario
planning
at
Royal
Dutch
Shell
On 16 October 1973, a great oil crisis began when Organization of Petroleum Exporting Countries (OPEC) raised the price of oil by 70 per cent and reduced production. This was in response to the decision by the United States to re-supply the Israeli military during the Yom Kippur war, lasting until March 1974. As a consequence, the market price of oil rose substantially — from $3 a barrel to $12. The trend of recessions and high inflation in the world financial systems until the 1980s meant that the price of oil continued to increase
198
until 1986.
24
This, according to Shell, meant that ‘An era of cheap energy had come to an end and oil was no longer a buyer’s market’.
25
However, when the oil shock came in October 1973 after the Yom Kippur war, Shell was the only oil major prepared for it. In the early 1970s, Pierre Wack was a planner in Royal Dutch Shell in London, and had calculated the impact of a possible rise in the oil price and a likely increase in the world’s appetite for oil. He and his colleagues had mapped out a scenario in which the OPEC demanded much higher prices for their oil following the 1967 Arab–Israel six-day war. In effect, Shell’s managers were able to plan for this eventuality and apply this planning to the crisis following the Yom Kippur war while other oil companies struggled.
26
In order to survive, Shell adopted a policy of diversification, branching out into the areas of coal, nuclear power and metals. Firstly, in 1970 Shell purchased Billiton, an established metals mining company (which it later sold). In 1973, the company moved into nuclear power by forming a partnership with Gulf Oil to manufacture gas-cooled reactors and their fuels. Shell’s success in coal was limited. In the 1970s, the company also continued its work in developing the oil fields in the North Sea. While a huge investment was required due to the adverse weather conditions and the instability of the sea bed, the cost was justified due to the sheer size of the oil fields in the North Sea, as well as the fact that supply from the Middle East was reduced at the time.
27
Royal
Dutch
Shell
became a leader in profitability, and continues to use
scenario
planning
as an aid to opportunity-framing and strategy formulation.
28
With the world making commendable efforts to limit its consumption of fossil fuels in the face of ‘peak oil’ (the time when demand exceeds supply) and increasing its reliance on wind and solar power, the long-established ‘legacy expectations’ of enduring access to easily accessible oil remain stubbornly fixed in the minds of both developed and developing nations.
Scenario
planning
is using careful research inputs to examine the prejudices of policy-makers and the demands of populations to arrive
at
sustainable solutions to energy needs, and to avoid the catastrophe of a war over oil. Is such a crisis likely, or even possible? Consider the following .
Will bank loans increase, or decrease? Will this stop the recovery in its tracks. Fed at moment is "puchasing" $85 bn in assets from banking system as traditional monetray policy is in "liquidity trap".
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
NO1 Uk Black Magic Specialist Expert In Sahiwal, Okara, Hafizabad, Mandi Bah...Amil Baba Dawood bangali
Contact with Dawood Bhai Just call on +92322-6382012 and we'll help you. We'll solve all your problems within 12 to 24 hours and with 101% guarantee and with astrology systematic. If you want to take any personal or professional advice then also you can call us on +92322-6382012 , ONLINE LOVE PROBLEM & Other all types of Daily Life Problem's.Then CALL or WHATSAPP us on +92322-6382012 and Get all these problems solutions here by Amil Baba DAWOOD BANGALI
#vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore#blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #blackmagicforlove #blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #Amilbabainuk #amilbabainspain #amilbabaindubai #Amilbabainnorway #amilbabainkrachi #amilbabainlahore #amilbabaingujranwalan #amilbabainislamabad
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
Latino Buying Power - May 2024 Presentation for Latino CaucusDanay Escanaverino
Unlock the potential of Latino Buying Power with this in-depth SlideShare presentation. Explore how the Latino consumer market is transforming the American economy, driven by their significant buying power, entrepreneurial contributions, and growing influence across various sectors.
**Key Sections Covered:**
1. **Economic Impact:** Understand the profound economic impact of Latino consumers on the U.S. economy. Discover how their increasing purchasing power is fueling growth in key industries and contributing to national economic prosperity.
2. **Buying Power:** Dive into detailed analyses of Latino buying power, including its growth trends, key drivers, and projections for the future. Learn how this influential group’s spending habits are shaping market dynamics and creating opportunities for businesses.
3. **Entrepreneurial Contributions:** Explore the entrepreneurial spirit within the Latino community. Examine how Latino-owned businesses are thriving and contributing to job creation, innovation, and economic diversification.
4. **Workforce Statistics:** Gain insights into the role of Latino workers in the American labor market. Review statistics on employment rates, occupational distribution, and the economic contributions of Latino professionals across various industries.
5. **Media Consumption:** Understand the media consumption habits of Latino audiences. Discover their preferences for digital platforms, television, radio, and social media. Learn how these consumption patterns are influencing advertising strategies and media content.
6. **Education:** Examine the educational achievements and challenges within the Latino community. Review statistics on enrollment, graduation rates, and fields of study. Understand the implications of education on economic mobility and workforce readiness.
7. **Home Ownership:** Explore trends in Latino home ownership. Understand the factors driving home buying decisions, the challenges faced by Latino homeowners, and the impact of home ownership on community stability and economic growth.
This SlideShare provides valuable insights for marketers, business owners, policymakers, and anyone interested in the economic influence of the Latino community. By understanding the various facets of Latino buying power, you can effectively engage with this dynamic and growing market segment.
Equip yourself with the knowledge to leverage Latino buying power, tap into their entrepreneurial spirit, and connect with their unique cultural and consumer preferences. Drive your business success by embracing the economic potential of Latino consumers.
**Keywords:** Latino buying power, economic impact, entrepreneurial contributions, workforce statistics, media consumption, education, home ownership, Latino market, Hispanic buying power, Latino purchasing power.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Card
Gonstam jan 2014 .doc1
1. 2
1
Gnostam
LLC
PO
Box
960
Inverness,
CA
94937
January
14th,
2014
Independent Investment Advisor
ENERGY PRODUCTION WORLD
WIDE:
In recent years, the biggest trade deficits
were recorded with China, Japan,
Germany, Mexico and Saudi Arabia. United
States records trade surpluses with Hong
Kong, Australia, Netherlands and Belgium.
As an example of the scale of this shift in
economic potential in the US, consider that
in the last 10 years the deficit balance of
trade in the US has halved. Going forward,
if the US were to export the energy
bonanza, the US balance of trade would be
positive. This will have a huge impact on
capital flows, the value of the US $, and the
attractiveness of US treasuries.
There are over 4,000 actively producing
oilfields in the world. These fields produce
90 million barrels a day of crude oil from
almost one million individual wells. Most of
these oilfields are relatively small. The
average field produces less than 20,000
barrels per day. Three percent of these
oilfields make up almost half of this output.
This paper focuses on this small three
percent of giant oil fields whose daily
production exceeds 100,000 barrels a day.
The IEA caused a stir when it stated in
November of 2013 that it is likely that by
2015, the US would become the biggest
producer of energy, surpassing Saudi and
Russia. It will be very positive for heavy
industry in the US, in particular the
industries that supply machinery and
equipment for drilling wells.
Approximately 120 giant oilfields in the world
produce 100,000 barrels a day or higher.
In total, these fields produce in excess of
42.3 million barrels a day, or 47% of the
world’s total supply. Even within this tiny tip
of the world’s oilfields, half of these 120
giant fields barely exceed the minimum
100,000 barrel per day production
parameter that I have used to define a giant
oilfield. The 62 smallest of these “giant
fields” account for 12% of the world’s daily
oil supply. In contrast, the fourteen largest
account for over 20%. The average age of
these 14 largest fields is 43.5 years. This
data of course does not include the new
discoveries in the US, made possible by the
recovery through “Fracking”. In fact the
production in the US is so great, that it is
likely that the US balance of payments will
be affected.
The United States has been running
consistent trade deficits since 1980 due to
high imports of oil and consumer products.
We have long liked a company called
1
2. 2
1
Gnostam
LLC
PO
Box
960
Inverness,
CA
94937
January
14th,
2014
World Oil Production and Consumption
Source
EIA
Gnostam
was
established
in
February
2004.
It
provides
professional
clients
with
investment
consulting
services.
Since
inception
the
annualized
rate
for
return
for
a
client
portfolio
managed
by
Gnostam
2
3. Gnostam
LLC
PO
Box
960
Inverness,
CA
94937
January
14th
2014
US
PERMIAN
BASIN:
NEW
DISCOVERY
IS
WORLD’s
SECOND
LARGEST
OIL
FIELD
Location
of
Ghawar,
Saudi
Arabia,
world’s
largest
oil
field
4. Gnostam
LLC
PO
Box
960
Inverness,
CA
94937
January
14th
2014
5. 4
3
Gnostam
LLC
PO
Box
960
Inverness,
CA
94937
TABLE OF WHO
FRACKING:
January
14th
2014
HAS THE OIL
PRE
National Oil Well Varco, [NOV] based in Houston
TX. We think the following US companies are
likely to benefit disproportionately from the
increase in energy production:
PAA, Pipelines, Core Labs, [CLB] seismic,
Schlumberger [SLB] diversified, ION Geophysical
[IO] offshore exploration, and Weatherford. We
also like EOG, CLR and PXD.
For this reason we believe that it is of vital
importance that businesses focus on the
opportunity to service these companies, both in
terms of staffing, supplies and as excellent
sources of capital markets demand, see for
example GE’s April 2013 $3.3 bn purchase of
Lufkin Industries, a producer pumps for the oil
industry.
Trend in US Balance of Trade, in
table above shows the incremental
impact of substitution of domestic
crude for water-borne imports. One
impact is clearly that the macroeconomic assumption that the US
$ will continue to weaken as it has for
the past 15 years, is likely false. The
other important impact is the how
important pipelines will become in the
new landscape, as opposed to water
borne tankers.
6. 6
5
Gnostam
LLC
PO
Box
960
Inverness,
CA
94937
Table of largest 10 Oi lfi el ds in the
world, pre US Fracking:
January
14th
2014
Permian Basin, which averaged 1.32 million
bbl/d in 2013, to grow more than any other
region in the United States through 2015.
CONCLUSIONS:
•
•
•
It is interesting that this list of the largest fields
in the world does not include the Permian
Basin in the Unites States, which is estimated
to be capable of over 1.6 million b/d in 2014.
If we look forward from 2012, the largest oil
fields are:
Ghawar, Saudi 1948, past peak;
Orinoco Basin, Venezuela, coming onstream
Permian Basin, USA 2010, capable > 2m/bd
Burgan, Great Kuwait 1927, past peak;
Kirkuk, Iraq, 1938, capable of increases;
Canterell Mexico 1976, capable of increase;
Iran South Pars, 2008, coming onstream.
The Permian Basin in West Texas and New
Mexico includes a variety of thick, overlapping
formations such as the Spraberry, Bone
Springs, and Wolfcamp. Crude oil producers
are investing heavily in research and
implementation of hydraulic fracturing in both
vertical and horizontal wells. The stacked
formations of the Permian allow vertical wells
to reach several productive zones, while
several horizontal wells drilled from the same
surface location can target different formations
or several pay zones within the same
formation. EIA forecasts production in the
•
•
•
•
•
•
The US could produce as much as 11
million b/d of crude in 2020 thanks to
shale, according to the International
Energy Agency, surpassing Saudi
Arabia.
US crude oil production breaches 7
million b/d, levels not seen since the
1990’s in 2015.
Production from key shale plays Eagle
Ford and Bakken rises to over 1.6 mn
b/d in January 2014, 900,000 b/d above
year-ago levels, and could top 3.2 mn
b/d combined in 2016.
Eagle Ford loadings at Corpus Christi
jump to 280,000 b/d in November
thanks to the completion of pipelines
and storage terminals.
Bakken rail car loadings jump to
500,000 b/d in December 2013 as
increasing rail loading and offloading
capacity provides more flexibility for
sellers.
US crude imports collapse in February
2013 to the lowest levels in 12 years at
8 million b/d in response to rising
domestic crude production.
US refiners Valero, Marathon, and
Phillips 66 announce shifts to domestic
shale crudes at many of their refineries;
US Atlantic Coast refiners begin to shift
to Bakken and eschew imports.
Continually wide discounts for WTI
relative to Brent spark US Midcontinent
to US Gulf Coast pipelines projects to
increase total capacity to 1.95 mn b/d
by 2014.
Delays in TransCanada’s northern
830,000 b/d Keystone XL line spur
alternative delivery options for
Canadian heavy.
7. 2
1
Gnostam
LLC
PO
Box
960
Inverness,
CA
94937
January
14th
2014
BALTIC
DRY
INEX
AS
AN
EFFECTIVE
LEADING
INDICATOR.
The Baltic Dry Index stood at 2,237 of
December 10, 2013. Indexes for Capesize
vessels stood at 4,011, while Panamax
vessels approached close to 2,000, at 1,997.
All three indexes have moved up together
since the last few days of November. On
December 12, the BDI stood at 2,337.
Rates have come a long way since the lows of
2012 and earlier this year on the back of lower
new build deliveries and stabilization in
China’s economic activity. Rates skyrocketed
from mid-August to early September this year
due to an earlier iron ore stocking activity in
China. That surprised the market and pushed
many stocks—like DryShips Inc. (DRYS),
Navios Maritime Partners LP (NMM), Navios
Maritime Holdings Inc. (NM), Safe Bulkers Inc.
(SB), and Diana Shipping Inc. (DSX).
The Baltic Dry Index/Gold shows that there
has been a recovery in Dry Shipping, while
gold has slipped. This can be interpreted as a
good foundation for a recovery, as we have
low input energy prices and cheap funding.
The main problem is that almost all credit
institutions are unable to lend, given their
balance sheets are full of supposed risk free
debt from Euro zone. It will take many years
for the equity and risk capital of the banks to
permit normal cycle lending.
Given the increase in volatility in shipping
rates for iron and copper, it is best perhaps to
avoid DRYS, and focus instead on a recovery
in tanker rates, and a shipper like Frontline,
FRO.
8. Gnostam
LLC
PO
Box
960
Inverness,
CA
94937
January
14th
2014
LARGEST
OIL
FIELDS
IN
MID
EAST
BURGAN
OIL
FIELD
IN
KUWAIT-‐IRAQ
BORDER
9. Gnostam
LLC
PO
Box
960
Inverness,
CA
94937
January
14th
2014
Disclaimer:
The information and any statistical data contained herein have been obtained from sources which we
believe to be reliable, but we do not represent that they are accurate or complete, and they should not
be relied upon as such. All opinions expressed and data provided herein are subject to change
without notice. Gnostam LLC and/or its shareholders, directors, officers and/or employees, may have
long or short positions or deal as principal in the securities discussed herein, related securities or in
options, futures or other derivative instruments based thereon. The securities mentioned in this report
may not be suitable for all types of investors. ALL investments involve different degrees of risk. You
should be aware of your risk tolerance level and financial situations at all times. Furthermore, you
should read all transaction confirmations, monthly, and year-end statements. Read any and all
prospectuses carefully before making any investment decisions. You are free at all times to accept or
reject all investment recommendations made by the Gnostam LLC. As you know, a
recommendation, which you are free to accept or reject, is not a guarantee for the successful
performance of an investment and we are expressly prohibited from guaranteeing accounts against
losses arising from market conditions.
Past performance is no guarantee of future results, and current performance may be lower or higher
than the performance data quoted.
Investment Disclaimer All investments involve different degrees of risk. You should be aware of
your risk tolerance level and financial situations at all times. Furthermore, you should read all
transaction confirmations, monthly, and year-end statements. Read any and all prospectuses carefully
before making any investment decisions. You are free at all times to accept or reject all investment
recommendations made. All products sold are subject to market risk and may result in the entire loss
to the client's investment. (For example: excessive withdrawals may result in the depletion of your
account). Please understand that any losses are attributed to market forces beyond the control or
prediction of Gnostam LLC. As you know, a recommendation, which you are free to accept or reject,
Gnostam
LLC
PO
Box
960
Inverness,
CA
94937
USA
E-‐mail:
pcorsano@gnostam.com
www.gnostam.com