☆ The US Has More Than 500 Trillion Cubic Feet Of Known NG Reserves
The U.S. Energy Information Administration just announced some spectacular news that should be banner headlines across the country: The price of natural gas has fallen to its lowest February level in 20 years. The data shows that natural gas prices fell to $1.77 per million British thermal units. In inflation-adjusted terms, the price of gas has plunged by some 80% since its high of $13.60 12 years ago. The price is down 90% since 2005, when prices hit nearly $20. (Quick: Can you think of anything else that now costs one-tenth of what it did 15 years ago?)
Millions of Chinese Firms Face Collapse If Banks Don’t Act Fast
☆ DOW Premarket Recovery @ +270: Virus Impacting World Economies
With much of China’s economy still idled as authorities try to contain an epidemic that has infected more than 75,000 people, millions of companies across the country are in a race against the clock to stay afloat.
☆ $1000 Each Month Per Person Funded By a Flat, State-wide, 10% VAT Tax
The California State Assembly bill which guarantees a basic monthly income of $1000 to every person living in California is sponsored by 34 year old, gay, Democrat Assemblyman & Golden Boy from San Jose, Evan Low who worked on Andrew Yang’s failed presidential campaign & is really a big fan of Kathy Griffin.
The Trump administration said on Tuesday said it will begin treating five major Chinese state-run media entities with U.S. operations the same as foreign embassies, requiring them to register their employees and U.S. properties with the State Department.
Approximately 6.1 million individuals dropped off the food stamp rolls since President Donald Trump’s first full month in office in February 2017, according to the latest data from the U.S. Department of Agriculture (USDA).
The White House on Sunday unveiled a $4.8 trillion budget proposal that would slash spending dramatically on foreign aid and social safety nets, while including $2 billion for a southern border wall and substantially boosting funding to NASA, the Department of Veterans Affairs and the Department of Homeland Security.
President Donald Trump never misses an opportunity to plug the strong employment picture for which he takes credit, and today he earned more bragging rights:
The Labor Department’s Bureau of Labor Statistics said the economy created 225,000 in January, well above estimates. BLS says notable job gains occurred in construction, in health care, and in transportation and warehousing.