Scammers Are Exposed On This Site

Wednesday, 18 April 2018

U.S. imports of Canadian crude oil by rail increase (4/18/2018)

Growth in Canadian crude oil production has outpaced expansions in pipeline takeaway capacity, driving Canadian crude oil prices lower and increasing Canadian crude oil exports by rail to the United States. However, the outlook for increased volumes of Canadian crude oil by rail to the United States is highly uncertain despite increased U.S. demand for Canadian crude oil, specifically on the U.S. Gulf Coast. ... More »

Wednesday, 11 April 2018

Retail gasoline prices this summer are expected to be 11% higher than in summer 2017 (4/11/2018)

The U.S. Energy Information Administration (EIA) forecasts that drivers in the United States will pay an average of $2.74 per gallon (gal) this summer for regular gasoline, an increase of 11% over last summer, according to EIA's Short-Term Energy and Summer Fuels Outlook. EIA's forecast price for summer 2018 (which runs from April through September) is 26 cents/gal higher than the average price last summer, but still 15 cents/gal lower than the 2013–2017 summer average (Figure 1). The price increase this summer primarily reflects higher forecast crude oil prices compared with last year. EIA projects that monthly average gasoline prices will remain mostly flat this summer, averaging $2.78/gal from April through June before falling to $2.65/gal in September. ... More »

Wednesday, 4 April 2018

Changes to income tax law have significant effects on U.S. oil producers (4/4/2018)

Publicly traded U.S. oil exploration and production (E and P) companies annually assess their expected future cash flows from their proved reserves based on prevailing prices, technology, and geology. In addition to these primary factors, with the recent release of proved reserves assessments for 2017, U.S. E and P companies included effects associated with changes to corporate income tax law enacted at the end of 2017. The implications for the 2017 proved reserves reports include fewer tax liabilities for the companies than under the old tax law, ultimately contributing to the total increase in the future cash flow they expect from proved reserves. ... 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.