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Wednesday 29 January 2020

The United States is projected to be a net exporter of crude oil in two AEO2020 side cases (1/29/2020)

In the U.S. Energy Information Administration's (EIA) Annual Energy Outlook 2020 (AEO2020), projected volumes of U.S. net imports of crude oil are primarily driven by domestic crude oil production and vary widely by case. The larger volumes of domestic production in the High Oil and Gas Supply case relative to the Reference case result in the United States exporting more crude oil than it imports (a net exporter) after 2024. In the High Oil Price case, the United States is a net exporter of crude oil from 2023 through 2027 as a result of a decline in U.S. petroleum consumption and higher domestic production, which also contribute to net exports. On a combined crude oil and petroleum product basis, the United States became a net exporter in September 2019. ... More »
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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.