Saturday, March 24, 2018

US putting all its eggs in the oil basket, planning to kill #publictransit

Public transit officials are ‘struggling to understand’ Trump’s proposed cuts - The Washington Post: "Trump’s budget — which will almost certainly be altered by Congress — proposes cuts as high as nearly $52 billion to transit-oriented grant programs like Capital Investment Grants and the Transportation Investment Generating Economic Recovery (TIGER) program, as well as funding for Amtrak and Washington’s Metro system."

Saturday, March 10, 2018

United States as energy exporter: Is it "fake news"?

Resource Insights: : "For example, the claim that the United States is an exporter of crude oil is true. But that claim is entirely misleading. While the United States exports about 1.5 million barrels a day (mbpd) of crude oil, it also imports 7.5 mbpd. That puts the net imports of crude oil at about 6 mbpd. (All numbers are four-week averages as of February 23.) This reality is simply not conveyed by the unqualified statement that the United States is an oil exporter. Those making such a claim either haven't done their research, are sloppy writers or intend to mislead.

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