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rjs
denizen of a rural NE Ohio swamp
unencumbered by education, affiliations, beliefs or agenda; im not advocating anything
Recent Activity
i tried to paste it here & it didnt take...if you want to see what it looks like, copy & paste the first part of her post into a draft that has a view html option, and switch to that...
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since i dont use twitter i wouldnt know how to embed those tweets, but looking at the html in Jodi's post i dont see any code for a specific tweet, like you'd have when embedding a video...she appears to be taking something she's already stored in a twitter sandbox...ie, the html code for the first two tweet she used appears to be identical:
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i've often argued for full cylce accounting of the carbon footprint for so-called green technologies...what i'd like to see, for a solar installation in the desert for instance, is the fossil fuel energy costs of mining bauxite and other ores needed with diesel powered equipment, the coal based costs of manufacturing that equipment, the fossil fuel energy cost of smelting the metals, glass, and steel making, the coal based cost of manufacturing the solar equipment, the fossil fuel energy costs of transporting that equipment to the site, and then the additional fossil fuel energy costs of building a new energy grid to connect those new installations to the current grid...
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thats true for consumer goods they import, and ultimately for manufactured goods that are largely processed from imports, but for most of the basics Russia is fairly self-sufficient...
Toggle Commented yesterday on Links for 12-16-14 at Economist's View
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since the Russian currency is down more than the price of oil, the price of oil has gone up in Russia, and hence the domestic budget will not be impacted by lower oil revenues...
Toggle Commented yesterday on Links for 12-16-14 at Economist's View
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Van Gogh was the first artist i was really in to, so i know starry night well, and you're right, there's an uncanny similarity... hard to say if i'd have noticed it if you hadn't included it in your post title, however...
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curious as to when that statue was written, and if the dollar limitations are applicable for today... ie, "The following personal property, owned by the debtor, is exempt: (c) The debtor's interest, not to exceed $2,400 in value, in any one motor vehicle; i mean $2400 wont get you very much car...
i wouldn't say my question made no sense...my observation and question may have been rhetorical or tangential to your observations, but it certainly made sense in the context of whether production would decline or not...most of the companies involved in fracking are small independents; the major vertically integrated majors are underrepresented...there's very little equity; most fund their operations through a combination of lines of credit, cash flow, and junk debt...with falling prices, lines of credit will dry up, cash flow will evaporate and the interest on any new junk debt be that much higher...for instance, the Caa1 rated bonds for former Chesapeake CEO Aubrey McClendon's new company, American Energy Partners, fell 20% since they were issued in July...but because depletion rates on fracked wells are 80 to 90 percent over the first two years, they can't cut back and wait for better prices...to make their interest payments, they have to maintain cash flow, & to do that, they have to keep drilling...
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they're overleveraged based on oil prices that were over $100 during most of the time they were borrowing...so what does $80 oil do to their ability to roll over their debt?
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welcome back, Linda, and sorry about your loss... as someone who went through a basement flood two years ago, a large tree on the roof last year, & failure of my bathroom plumbing this year, i can understand how those travails weighed on you.. you're still on all my RSS readers from years ago, so i'll be reading whatever you write...
Toggle Commented Oct 16, 2014 on Return to Blogging at ataxingmatter
ha! this'll show him not to take the spot of an enr.econ blogger!
Toggle Commented Sep 25, 2014 on Local foodies can't park at Environmental Economics
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errata: the carbon footprint of hydro is 4 gCO2/kWh
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that was quick...it was only a month ago that McCrory lifted the fracking moratorium...
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do white hurricanes count? http://en.wikipedia.org/wiki/Great_Blizzard_of_1978 winds of 105 were recorded on lake erie north of here..
Toggle Commented Aug 13, 2014 on Tim says Floyd at Environmental Economics
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clearly we're losing manufacturing jobs, anne...but the June factory report showed record highs in all its May to June metrics: new orders for manufactured goods rose by $5.7 billion or 1.1% to a record high of $503.2 billion, factory shipments rose by $2.5 billion or 0.5% to a record $499.8 billion, factory inventories rose by $1.8 billion or 0.3% to a record high at $653.8 billion, and unfilled factory orders rose by $10.4 billion or 1.0% to $1,098.5 billion, which was also the highest level value of unfilled orders on record.... http://www.census.gov/manufacturing/m3/prel/pdf/s-i-o.pdf not adjusted for inflation, but inflation in manufactured goods has consistently lagged the CPI increase...
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since i mentioned that, i ought to at least point out that in the June trade report released today, imports seem to be somewhat less than the BEA had guessed in the GDP report, and exports actually rose a bit (BEA had guessed they'd fall) so that suggests an upward revision to 2nd quarter GDP from both...hard to guess how much, since there's still an inflation adjustment to apply...
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on your note; i'm not having any trouble copying a couple paragraphs out of each NYT article i want to cite, using my customized version of internet explorer 8...however, i cant view other sites, such as Time and Bloomberg view, with this browser, and must use chrome... there is a big push from most sites to get me to upgrade IE; they cant deposit their new html 5 cookies on this old browser...
Toggle Commented Aug 4, 2014 on Holy Toledo, Batman!* at Environmental Economics
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since i was curious if the heavy weighting of shelter in the CPI was enough to cause home prices to drive consumer inflation, i made FRED graph showing the shelter index component of the CPI, and all other items in the CPI except shelter: https://research.stlouisfed.org/fred2/graph/?graph_id=185730 with the interactive slider, you can view shorter sections of that complete history.. before 1985, home prices were included in CPI shelter; since the BLS has used "homeowner's equivalent rent" it seems relationship between the two changed sometime just before 1980, but the index itself changed shortly thereafter; hence, i cant say that it shows anything..
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guess i aint the only one who replies to spam with some of my own..
Toggle Commented Jul 15, 2014 on Unsubscribe at Environmental Economics
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95F forecast for U of Oregon tomorrow: http://www.localweather.com/weather/?pands=Eugene%2C+OR&forecast=zandh&x=10&y=4
Toggle Commented Jul 14, 2014 on Event Time vs. Clock Time at Economist's View
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i am not doubting you about that, anne, but i am wondering why, considering that interest rates have such an impact on what most homebuyers ultimately pay... id bet the 30 year mortgage was much less common over that history...
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the question might be asked which is leading which, since the index for shelter is now 32% of the CPI...offhand, i couldnt speak to the historical record, but there have been at least a couple major changes in the housing component of the CPI, including the change from home prices to homeowners equivalent rent, that could also skew the relationship
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roughly 71% of homes are being bought with a mortgage; of those, roughly 80% of those are 30 year mortgages; the effective cost of a home for these buyers is not the contract price, it's the monthly payment...so to that extent, home prices for more than half of home buyers are driven by interest rates (which, btw, tend to move with inflation; maybe shiller was looking at the wrong metric?)..
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wonder if they'll distribute pizza...that's what chevron did when an explosion at one of their wells in PA killed one & caused a major evacuation..
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cost controls have no effect on the change in real (cost adjusted) GDP….the ‘real’ change is a change in units of health care delivered… here's the numbers: current dollar spending on health care last 5 qtrs 1,889.2 1,902.9 1,923.3 1,959.0 1,954.6 ($ billions) chained dollar representation of units of health care delivered last 5 quarters: 1,756.5 1,771.9 1,783.9 1,808.3 1,801.9 so Q1 health care (both nominal and real) just looks like a pullback from earlier elevated levels, much in the same way the excessive change in inventory reversed…
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