Could Liquid Natural Gas be the next big thing? A deal by the Trump administration has lead many to believe that it could be. The deal could open the door to massive export of LNG to China which would allow the United States to become a net exporter of the good.
The could provide a place for U.S. shale producers to dump the excess that has accumulated due to a second boom in the shale industry. This would provide higher prices that would let profit margins raise for these companies and help provide more jobs across the country.
As long as Trump does not alter the deal and China doesn't add tariffs due to Trump wanting to change our trade deals with them. This could be a really good deal for the U.S. companies.
https://www.bloomberg.com/politics/articles/2017-05-12/trump-s-china-deal-gives-u-s-lng-a-boost-without-changing-rules
ANALYSIS, COMMENTS, THOUGHTS, AND OTHER OBSERVATIONS IN PROF. SKOSPLES' ECONOMIC SYSTEMS COURSE AT OHIO WESLEYAN UNIVERSITY
Friday, May 12, 2017
The U.S. economy is back on track
After the most recent jobs report the economy seems to be back on a steady growth path. Also on top of the jobs report we have reports on consumer spending increasing most recently. This gives the CPI a slight boost. The thing people need to be asking themselves is although theses numbers are increasing are they indicating a future slow down? The stock market is at record high and job growth has been huge allowing for unemployment to be around 4.5%.
The stage is set for a hard reset to come. The better question is are we ready for it? We can barely keep the government open for months at a time if we have another recession can we take it?
https://www.bloomberg.com/news/articles/2017-05-12/it-s-back-to-steady-for-u-s-economy-as-retail-sales-cpi-rise
The stage is set for a hard reset to come. The better question is are we ready for it? We can barely keep the government open for months at a time if we have another recession can we take it?
https://www.bloomberg.com/news/articles/2017-05-12/it-s-back-to-steady-for-u-s-economy-as-retail-sales-cpi-rise
Sunday, May 7, 2017
The world’s most valuable resource is no longer oil, but data
This article discusses the emergence digital data as the most
valuable resource in the digital world. The world’s most powerful companies with
control of enormous amount of data such as Google, Facebook, Apple and
Microsoft have been benefitting from using data they possess to enhance their
profit. These companies collectively racked up over $25 billion net profit in
the first quarter of 2017. Virtually all the revenue growth in online
advertising goes to Google and Facebook. The companies with vest data surveillance
also have control over new entrants in the industry. They are constantly monitoring
startups and buy them out if they are considered to be posing threat in the
future. This raises questions on antitrust issues. Because the nature of the
cases that are different from industrial era, different approaches to antitrust
issues have been suggested.
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