Scammers Are Exposed On This Site


Thursday 12 November 2020

U.S. crude oil production forecast to decline until mid-2021 before returning to current levels (11/12/2020)

In the U.S. Energy Information Administration’s (EIA) November Short-Term Energy Outlook (STEO), U.S. crude oil production generally declines through the first half of 2021 and increases in the second half of the year. EIA expects that declining legacy well production will offset production from new wells in the first half of 2021, resulting in U.S. crude oil production declines. As more new wells come online later in 2021 (supported by forecast year-over-year crude oil price increases), forecast new well production reaches levels that exceed the legacy well declines, resulting in increasing crude oil production (Figure 1). ... More »
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Wednesday 4 November 2020

U.S. refinery runs remain lower than the five-year average in most regions (11/4/2020)

Gross inputs to U.S. refineries, also referred to as refinery runs, have been lower than the five-year (2015-19) average since April, when responses to the 2019 novel coronavirus disease (COVID-19) reduced demand for refined products such as gasoline, distillate fuel, and jet fuel. Since the end of August, the continued effects of the pandemic in the United States and in crucial destinations for U.S. petroleum exports in Europe and Latin America, in addition to seasonal factors, have resulted in continued lower refinery runs. The sustained lower runs throughout 2020 combined with relatively low crack spreads—an approximate indication of the profitability of refining based on the relative values of gasoline, distillate, and crude oil—have resulted in several announced refinery closures in the United States and abroad. ... 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.