OPEC is Crude:
Crude oil prices ($127.00 Aug 01, 2008) are determined by global supply and demand conditions in International markets. The production policies of the Organization of Petroleum Exporting Countries or (OPEC) help determine global supply availability and these policies have an important influence on World oil prices. OPEC attempts to maintain the oil prices by restricting oil production. With OPEC's ability to restrict production, which depends on prevailing market conditions, the degree of co-operation from non-OPEC oil producing countries, and its own resources. Crude oils command different prices because they vary in quality. The value of the products that can be made varies from crude to crude. Crude oils are different depending on the location of the drilling.
Where Does My Gasoline Come From?
The United States consumes about 21 million barrels (882 million gallons) of petroleum products each day. Almost half of this is in the form of gasoline which is used in over 210 million motor vehicles traveling over 7 billion miles per day. WOW now that is alot of fuel. Most gasoline is made from crude oil, formed from the remains of plants and animals that lived hundreds of millions of years ago. These remains were covered with layers of sediment over time. With extreme pressure and high temperatures over millions of years, these remains became the mix of liquid hydrocarbons (an organic chemical compound of hydrogen and carbon) that we call crude oil. Refineries break down these hydrocarbons into different products. These “refined products” include gasoline, diesel fuel, heating oil, jet fuel, liquefied petroleum gases, residual fuel oil, and many other products. The most basic refining process separates crude oil into its various components. Crude oil is heated and put into a distillation column where different hydrocarbon components are boiled off and recovered as they condense at different temperatures. The molecular structure of the input is further changed in processes using heat and pressure as well as catalysts that increase the rate of reactions without being consumed themselves. The characteristics of the gasoline produced depend on the type of crude oil that is used and the setup of the refinery where it is produced. Gasoline characteristics are also affected by other ingredients that may be blended into it, such as ethanol. Most of the fuel ethanol added to gasoline is made from corn grown in the United States. The gasoline performance must meet industry standards and environmental regulations that vary by location. In 2007 U.S. refineries produced 90 percent of the gasoline used in the United States. Although the United States is the world’s third largest crude oil producer, less than 35% of the crude oil used by U.S. refineries was produced in the United States. About 48% of our net petroleum imports were from countries in the Western Hemisphere, 18% from the Persian Gulf, 22% from Africa, and 12% from other regions.
In conclusion with OPEC controlling our production of oil globally; if they decide that we have a supply and demand issue of crude they put a squeeze on production, weather it is more or less, which ends up controlling our economy. If the US would put more restrictions on the price of crude oil, then most Americans would not be in their current travel or commuting situation. Fuel prices control our economy.
John Fagan is a top internet marketer who works with industry leaders from around the world. He has a passion for helping others achieve their goals, dreams and aspirations. To learn more about John Fagan Click Here
Saturday, August 2, 2008
Thursday, July 24, 2008
Unemployment rates are rising at a very fast rate.
Unemployment rates are rising at a very fast rate.
The US Unemployment Rate shows us the percentage of people that are considered to be unemployed. The Unemployment rate is the most popular way to give a snapshot of United States labor conditions. The Federal Reserve is always under very high pressure to try to keep unemployment under control. High unemployment rates generally put high pressure on the interest rates. There are several reasons that Unemployment affects the economy, first production, private consumption, workers earnings, and consumer purchase. With a lower unemployment rate employed individuals have pay checks, which leads to them spending money and you will have economic growth as well as happy consumers. High levels of unemployment are connected to lower incomes and lower spending which will cause economic stagnation.
Statistics from US Labor Dept.
In May of 2007 you had 152,350,000 people that were able to work with a 4.5% unemployment rate. In the same month in 2008 that number was 154,003,000 people were able to work with a 5.5% unemployment rate. This rate is expected to rise to more than 6.0% by the end of the year. On the first Friday of every month, the US Labor Department announces the unemployment rate for the previous month. This is probably the most reported piece of data that is widely used to be the single best indicator of labor market strength. Behind these single statistics are several million people. Each of the people that are unemployed is unemployed for their own reason. Some of them are young people, looking for their first job, older workers, who may have been laid off due to downsizing or they just quit voluntarily. Some of these people will be recalled after a short layoff, while others will end up with a new job.
How long will most be unemployed?
During the early 90's the average time to be unemployed was about five weeks. This figure jumped with the onset of the 1990 recession and rose to nine weeks by the end of 1993. During the early months of 1998, when the economy was booming the unemployment rate was still seven weeks. Is this a surprise to you, it may because the unemployment rate was only 4.1%.
In conclusion unemployment rates are at a rise since the early 1990's, with large companies downsizing trying to save money and the smaller business not hiring for the same reason. While you are at home looking for a job or filling out the different applications you can start your own online business. If you decide to start your own online business then you will be out of that unemployed status and you will be able to be a successful business person in the comfort of your own home.
John Fagan is a top internet marketer who works with industry leaders from around the world. He has a passion for helping others achieve their goals, dreams and aspirations. To learn more about John Fagan and his team Click Here.
The US Unemployment Rate shows us the percentage of people that are considered to be unemployed. The Unemployment rate is the most popular way to give a snapshot of United States labor conditions. The Federal Reserve is always under very high pressure to try to keep unemployment under control. High unemployment rates generally put high pressure on the interest rates. There are several reasons that Unemployment affects the economy, first production, private consumption, workers earnings, and consumer purchase. With a lower unemployment rate employed individuals have pay checks, which leads to them spending money and you will have economic growth as well as happy consumers. High levels of unemployment are connected to lower incomes and lower spending which will cause economic stagnation.
Statistics from US Labor Dept.
In May of 2007 you had 152,350,000 people that were able to work with a 4.5% unemployment rate. In the same month in 2008 that number was 154,003,000 people were able to work with a 5.5% unemployment rate. This rate is expected to rise to more than 6.0% by the end of the year. On the first Friday of every month, the US Labor Department announces the unemployment rate for the previous month. This is probably the most reported piece of data that is widely used to be the single best indicator of labor market strength. Behind these single statistics are several million people. Each of the people that are unemployed is unemployed for their own reason. Some of them are young people, looking for their first job, older workers, who may have been laid off due to downsizing or they just quit voluntarily. Some of these people will be recalled after a short layoff, while others will end up with a new job.
How long will most be unemployed?
During the early 90's the average time to be unemployed was about five weeks. This figure jumped with the onset of the 1990 recession and rose to nine weeks by the end of 1993. During the early months of 1998, when the economy was booming the unemployment rate was still seven weeks. Is this a surprise to you, it may because the unemployment rate was only 4.1%.
In conclusion unemployment rates are at a rise since the early 1990's, with large companies downsizing trying to save money and the smaller business not hiring for the same reason. While you are at home looking for a job or filling out the different applications you can start your own online business. If you decide to start your own online business then you will be out of that unemployed status and you will be able to be a successful business person in the comfort of your own home.
John Fagan is a top internet marketer who works with industry leaders from around the world. He has a passion for helping others achieve their goals, dreams and aspirations. To learn more about John Fagan and his team Click Here.
Thursday, March 20, 2008
Big Ticket To Wealth
How to earn more from home
With many worried about the economy, some are searching for other ways to make extra money by working from home. Here are some tips on how to get started. Economic news out last week pointed to a weakening trend in job growth With tightening credit standards and a stagnant housing market and worries about a recession on the horizon, you may be thinking about padding up that bank account a little. We'll tell you how to make a little extra income at home.
1: Get the right environment
If you're thinking you'd like to try working from home, there are a few things you need in place first. Most work at home jobs will require a high-speed Internet connection. You will also need a dedicated phone line and a quiet place to work. Working at home may be harder than working in an office since there's no boss hovering around your desk. You should be the kind of person who can complete projects independently and doesn't get distracted easily.
2: Think customer service
We all know there are tons of call-center jobs that are outsourced to India. But, there's a growing number of call center jobs that are outsourced to third party companies that then hire home-based workers to call or order.
3: Be a virtual assistant
A lot of small business owners need personal assistants, so they're hiring people from remote locations to do administrative work. As a virtual assistant you'll be responsible for arranging schedules, planning events and coordinating travel and word processing. Virtual assistants generally make a descent income. Fees are higher for legal research, public relations work, or corporate consulting.
4 Pick the right company - Big Ticket To Wealth is not MLM, Passport to Wealth, or Reverse Funnel System.
Big Ticket is 98% Automated.
It does everything except cash your checks! Ever dreamt of having a web site that really did all the selling, telling & convincing for you? Not MLM, Not Stocks, No 1 ups, 2 ups, or any Passups, No cold calling, No hassling friends, family or relatives, No home or hotel presentations, and 100% from home, using your laptop or fast desktop computer. Arguably the biggest pay outs on the internet, Matching override bonuses on other people's efforts, and Ongoing passive residual income. Full training & support from your sponsor and yes even the CEO Gerald Van Yerxa. Here with our business you can do it as long as you know how to use the computer, by getting around the internet and use a couple of software programs. A young adult today knows more about a computer than the average 35 year old adult. With that said you can do it with as much or as little time as you want to put into your internet business. Remember with a business you only get out of it what you put into it. In this business the more time you put in the more money you can bring in so you can be a blessing to others.
Thanks,
God Bless,
John Fagan, Jr.
http://www.bigticketreview.com
http://www.lovingyourlifeonline.com/disclaimer.html
With many worried about the economy, some are searching for other ways to make extra money by working from home. Here are some tips on how to get started. Economic news out last week pointed to a weakening trend in job growth With tightening credit standards and a stagnant housing market and worries about a recession on the horizon, you may be thinking about padding up that bank account a little. We'll tell you how to make a little extra income at home.
1: Get the right environment
If you're thinking you'd like to try working from home, there are a few things you need in place first. Most work at home jobs will require a high-speed Internet connection. You will also need a dedicated phone line and a quiet place to work. Working at home may be harder than working in an office since there's no boss hovering around your desk. You should be the kind of person who can complete projects independently and doesn't get distracted easily.
2: Think customer service
We all know there are tons of call-center jobs that are outsourced to India. But, there's a growing number of call center jobs that are outsourced to third party companies that then hire home-based workers to call or order.
3: Be a virtual assistant
A lot of small business owners need personal assistants, so they're hiring people from remote locations to do administrative work. As a virtual assistant you'll be responsible for arranging schedules, planning events and coordinating travel and word processing. Virtual assistants generally make a descent income. Fees are higher for legal research, public relations work, or corporate consulting.
4 Pick the right company - Big Ticket To Wealth is not MLM, Passport to Wealth, or Reverse Funnel System.
Big Ticket is 98% Automated.
It does everything except cash your checks! Ever dreamt of having a web site that really did all the selling, telling & convincing for you? Not MLM, Not Stocks, No 1 ups, 2 ups, or any Passups, No cold calling, No hassling friends, family or relatives, No home or hotel presentations, and 100% from home, using your laptop or fast desktop computer. Arguably the biggest pay outs on the internet, Matching override bonuses on other people's efforts, and Ongoing passive residual income. Full training & support from your sponsor and yes even the CEO Gerald Van Yerxa. Here with our business you can do it as long as you know how to use the computer, by getting around the internet and use a couple of software programs. A young adult today knows more about a computer than the average 35 year old adult. With that said you can do it with as much or as little time as you want to put into your internet business. Remember with a business you only get out of it what you put into it. In this business the more time you put in the more money you can bring in so you can be a blessing to others.
Thanks,
God Bless,
John Fagan, Jr.
http://www.bigticketreview.com
http://www.lovingyourlifeonline.com/disclaimer.html
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