Scammers Are Exposed On This Site


Wednesday, 17 October 2018

EIA expects U.S. heating oil prices to be higher compared with last winter (10/17/2018)

The U.S. Energy Information Administration (EIA) expects that average household bills for most major energy sources of home heating will rise this winter. The increased expenditures are largely driven by higher energy prices, although in some regions colder forecasts for winter also drive up some expenditures. According to EIA’s Winter Fuels Outlook and the October update of the Short-Term Energy Outlook (STEO), the average household that uses heating oil is forecast to spend about $269 (20%) more this winter compared with last winter (Figure 1). ... More »

Thursday, 11 October 2018

Iranian sanctions contribute to supply uncertainty (10/11/2018)

In the October 2018 update of its Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) increased the forecast spot price for Brent crude oil to $74 per barrel (b) in 2018 and to $75/b in 2019, up by $2/b and $1/b, respectively, from last month's forecast. EIA expects West Texas Intermediate (WTI) crude oil prices will average about $68/b in 2018 and $70/b in 2019. The October STEO forecast reflects market responses to significant uncertainty about the effects of sanctions on Iran and the response members of the Organization of the Petroleum Exporting Countries (OPEC) and other countries might have. ... More »

Wednesday, 3 October 2018

U.S. crude oil inventories at Cushing, Oklahoma, fell by more than half in the past year (10/3/2018)

Crude oil inventories held at Cushing, Oklahoma, decreased by more than half since this time last year, recently falling to lows last reached in 2014. Logistical factors and strong demand for crude oil from both domestic refining and exports markets have contributed to the steep year-over-year decrease. Because inventories can satisfy either current or future demand, their levels are also sensitive to the relationship between the current price of oil and the expectations of future prices. Since October 2017, the forward curve of West Texas Intermediate (WTI) futures prices has been in backwardation, where near-term deliveries are priced higher than long-term deliveries. ... More »

Wednesday, 26 September 2018

U.S. and global ethane demand continues to grow, making it an increasingly important component of U.S. petroleum balances (9/26/2018)

U.S. and global ethane demand is increasing because of expanding capacity in the petrochemical sector both domestically and abroad. Ethane is a hydrocarbon produced primarily by processing natural gas and is a petrochemical feedstock. This increase in demand has contributed to increased U.S. ethane prices, which have been 95% higher in September 2018 than in January 2018. ... More »

U.S. and global ethane demand continues to grow, making it an increasingly important component of U.S. petroleum balances (9/26/2018)

U.S. and global ethane demand is increasing because of expanding capacity in the petrochemical sector both domestically and abroad. Ethane is a hydrocarbon produced primarily by processing natural gas and is a petrochemical feedstock. This increase in demand has contributed to increased U.S. ethane prices, which have been 95% higher in September 2018 than in January 2018. ... More »

Wednesday, 19 September 2018

U.S. oil companies increase capital expenditure budgets and discuss Permian constraints in second-quarter 2018 financial statements (9/19/2018)

Second-quarter 2018 financial results for 45 U.S. oil exploration and production companies that the U.S. Energy Information Administration (EIA) regularly tracks reveal most companies increased their capital expenditure budgets for 2018 compared with initial budgets made at the beginning of the year. Although some operators plan to increase drilling activity as a result of higher oil prices in 2018, some companies are also raising capital expenditure budgets because of several large corporate acquisitions. These companies’ second-quarter 2018 financial statements also discussed Permian Basin takeaway capacity constraints. Because of the constraints, some operators with a geographically diverse portfolio of upstream assets plan to redirect capital expenditures to other onshore U.S. regions, while others may reduce well completions or look for alternative higher-cost transportation options. ... More »

The Stages Of A Scam

1. Foundation Work: This is the preparations which are made before the scam is put in motion, including the elaboration of the plan, the employment of assistants and so forth.

2. Approach: Is the manner of getting in touch with the scammers victim — often most elaborately and carefully prepared.

3. Build Up: Rousing and sustaining the interest of the victim, rousing his emotions, showing him the chance of profit and filling him so full of anticipation and cupidity that his judgment is warped and his caution thrown away.

4. Pay-off or Convincer: An actual or apparent paying of money by the conspirators to convince the victim and settle doubts by a cash demonstration.

5. The Hurrah: This is like the dénouement in a play and no scam or con scheme is complete without it. It is a sudden crisis or unexpected development by which the victim is pushed over the last doubt or obstacle and forced to act. Once the hurrah is sprung the victim is clay in the scammer's hands or there is no game.

6. The In-and-In: This is the point in a scam act where the conspirator may put some of his money into the deal with that of the victim; first, to remove the last doubt that may tarry in the gull's mind.