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The West No Longer Exists (Geopolitics)
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The Russians can't even fly near our airspace without a flight of F-22s up their ass, what are you talking about?
Our borders are more secure than perhaps any time before.
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Some of the views on here are so bizarrely cynical and one dimensional. The US has probably yet to even see its best days.
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National Interest: Don't Bet Against American Shale
The United States stands on the precipice of global energy supremacy. Over the past decade, the confluence of innovative drilling techniques with favorable market and regulatory conditions has made the extraction of tight domestic resources economical. This has resulted in an energy boom which has transformed fears of American energy shortages into proclamations of energy dominance. But is it here to stay?
Not long ago, the U.S. was threatened with declining oil reserves and a growing reliance on energy imports. However, now it is the largest producer of petroleum liquids and natural gas in the world. With the termination of the Crude Export Ban in 2015, shipments of cheap American oil and gas are entering the world’s busiest energy markets and changing the playing field. U.S. exports have degraded the Organization of Petroleum Exporting Countries (OPEC)’s market influence and bolstered U.S. foreign-policy leverage. Furthermore, record-setting American onshore production is also driving a resurgence in U.S. manufacturing.
Demand for new infrastructure, technology, and skilled labor in the oil and gas value chain has become a reliable engine of economic growth. Lower feedstock and energy prices also translate to cost advantages for domestic heavy industries, increasing America’s global competitiveness. Finally, despite consuming more oil and gas than any other country in the world, the United States is on pace to become a net energy exporter before 2025. The Shale Revolution is here.
Shale’s value to U.S. energy security is a function of the sector’s long-term economic viability. So long as tight oil and gas projects continue to pump, the United States is better prepared to weather global energy shortages and price spikes. The meteoric rise of these new energy sources over the past decade has lifted total U.S. crude output from four million barrels per day (bpd) in 2008 to ten million bpd in 2018. Yet, despite these strong trends, looming economic and structural challenges could bring an abrupt end to the shale phenomenon.
...
Depending on how you define "here to stay", I'd say 'yes' because despite the potentially destructive factors, Shale investments have a lower barrier of entry and increasingly well understood risk vs. profit dynamics. There are actually a lot of benefits being reaped by the country at large as a direct result and I've previously mentioned the SWF North Dakota has set up for itself, but at the same time Shale isn't responsible for providing the welfare of an entire society as is the case in hopelessly economically one-dimensional OPEC states such as Saudi Arabia which ultimately require high markups over the long term.
The United States stands on the precipice of global energy supremacy. Over the past decade, the confluence of innovative drilling techniques with favorable market and regulatory conditions has made the extraction of tight domestic resources economical. This has resulted in an energy boom which has transformed fears of American energy shortages into proclamations of energy dominance. But is it here to stay?
Not long ago, the U.S. was threatened with declining oil reserves and a growing reliance on energy imports. However, now it is the largest producer of petroleum liquids and natural gas in the world. With the termination of the Crude Export Ban in 2015, shipments of cheap American oil and gas are entering the world’s busiest energy markets and changing the playing field. U.S. exports have degraded the Organization of Petroleum Exporting Countries (OPEC)’s market influence and bolstered U.S. foreign-policy leverage. Furthermore, record-setting American onshore production is also driving a resurgence in U.S. manufacturing.
Demand for new infrastructure, technology, and skilled labor in the oil and gas value chain has become a reliable engine of economic growth. Lower feedstock and energy prices also translate to cost advantages for domestic heavy industries, increasing America’s global competitiveness. Finally, despite consuming more oil and gas than any other country in the world, the United States is on pace to become a net energy exporter before 2025. The Shale Revolution is here.
Shale’s value to U.S. energy security is a function of the sector’s long-term economic viability. So long as tight oil and gas projects continue to pump, the United States is better prepared to weather global energy shortages and price spikes. The meteoric rise of these new energy sources over the past decade has lifted total U.S. crude output from four million barrels per day (bpd) in 2008 to ten million bpd in 2018. Yet, despite these strong trends, looming economic and structural challenges could bring an abrupt end to the shale phenomenon.
...
Depending on how you define "here to stay", I'd say 'yes' because despite the potentially destructive factors, Shale investments have a lower barrier of entry and increasingly well understood risk vs. profit dynamics. There are actually a lot of benefits being reaped by the country at large as a direct result and I've previously mentioned the SWF North Dakota has set up for itself, but at the same time Shale isn't responsible for providing the welfare of an entire society as is the case in hopelessly economically one-dimensional OPEC states such as Saudi Arabia which ultimately require high markups over the long term.
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Financial Times: US Set To Overtake Saudi Arabia And Rival Russia In Crude Output
US crude production is on course to overtake Saudi Arabia and rival Russia, the International Energy Agency said, as it revised higher its 2018 growth forecast and stressed that “explosive” expansion in shale was offsetting OPEC-led supply cuts.
In its closely watched monthly oil market report published on Friday, the IEA said production growth was returning “to the heady days of 2013-2015”, even as the Paris-based body said global supply and demand would broadly find balance this year.
The latest body to raise US estimates, following the US energy department’s statistics arm and OPECs own research unit, the IEA said: “This year promises to be a record-setting one for the US.”
OP Citi: US To Become World's Top Oil Exporter
As global oil markets shift their attention from U.S. shale oil production back to a resurgent Saudi Arabia and Russia and geopolitical concerns bearing down on oil prices, Citigroup said last Wednesday that the U.S. is poised to surpass Saudi Arabia next year as the world’s largest exporter of crude and oil products.
The U.S. exported a record 8.3 million barrels per day (bpd) last week of crude oil and petroleum products, the government also said Wednesday. Top crude oil exporter Saudi Arabia’s, for its part, exported 9.3 million bpd in January, while Russia exported 7.4 million bpd, the bank added.
Gonna be a lot less than 11% with the way things are going.
OZY: The US Is Beating China On The Factory Floor. This Is Why.
What’s behind America’s new place at the front of the pack? It comes down to an ongoing economic boom that some analysts are calling “Manufacturing 4.0” or “Next Manufacturing.” Manufacturers are finding that the total cost of ownership (TCO) favors U.S.-based factory production, explains Harry Moser, founder and president of the Chicago-based Reshoring Initiative, a nonprofit think tank that supports U.S.-based manufacturing.
The domestic energy boom in natural gas and fracking has lowered the cost of materials and operations, prompting more factories to return to U.S. soil. Then there’s proximity to a growing field of local suppliers that provide raw materials. And keeping production in the country means there are no duties and tariffs, reduced inventory carrying costs and R&D innovations on the factory floor aren’t at risk of intellectual property theft. Also, the U.S. doesn’t have to lower its prices or wages to be competitive with China; it needs only “a lower total cost to produce that product,” Moser explains.
But it’s about big data and high-tech innovations, too. Manufacturing is increasingly using predictive capabilities to generate value and create more efficient, lower-cost logistics to handle materials throughout the supply chain. U.S. labor costs are still higher than those of other nations, but the ability to create smart products and smart factories will make this less relevant over time.
There are potential obstacles in the United States’ race to No. 1. For one, the continued strength of the dollar could dampen international sales of U.S. industrial exports. Smart factories need skilled labor, and the number of STEM graduates and “upskilled” workers who have received technical training may not be able to keep pace with demand. What’s not going to be a problem? Robots taking jobs. Thirty-seven percent of U.S. industrialists say their need for skilled labor will actually increase as physical production becomes automated, according to a recent survey by PwC.
Reshoring Initiative Data Report: Reshoring Plus FDI Job Announcements Up 2,800% Since 2010
In 2017 the combined reshoring and related foreign direct investment (FDI) announcements surged, adding over 171,000 jobs in 2017, with an additional 67,000 in revisions to the years 2010 through 2016. This brings the total number of manufacturing jobs brought to the U.S. from offshore to over 576,000 since the manufacturing employment low of 2010. The 171,000 reshoring and FDI job announcements equal 90% of the 189,000 total manufacturing jobs added in 2017.
In 2017 announcements of combined Reshoring and FDI jobs were up 122% compared to unrevised 2016 totals and 52% compared to revised 2016 totals. We believe the huge increases were largely based on anticipation of greater U.S. competitiveness due to expected corporate tax and regulatory cuts following the 2016 election. Similar to the previous few years, FDI continued to exceed reshoring in terms of total jobs added, but reshoring has closed most of the gap since 2015.
US crude production is on course to overtake Saudi Arabia and rival Russia, the International Energy Agency said, as it revised higher its 2018 growth forecast and stressed that “explosive” expansion in shale was offsetting OPEC-led supply cuts.
In its closely watched monthly oil market report published on Friday, the IEA said production growth was returning “to the heady days of 2013-2015”, even as the Paris-based body said global supply and demand would broadly find balance this year.
The latest body to raise US estimates, following the US energy department’s statistics arm and OPECs own research unit, the IEA said: “This year promises to be a record-setting one for the US.”
OP Citi: US To Become World's Top Oil Exporter
As global oil markets shift their attention from U.S. shale oil production back to a resurgent Saudi Arabia and Russia and geopolitical concerns bearing down on oil prices, Citigroup said last Wednesday that the U.S. is poised to surpass Saudi Arabia next year as the world’s largest exporter of crude and oil products.
The U.S. exported a record 8.3 million barrels per day (bpd) last week of crude oil and petroleum products, the government also said Wednesday. Top crude oil exporter Saudi Arabia’s, for its part, exported 9.3 million bpd in January, while Russia exported 7.4 million bpd, the bank added.
Gonna be a lot less than 11% with the way things are going.
OZY: The US Is Beating China On The Factory Floor. This Is Why.
What’s behind America’s new place at the front of the pack? It comes down to an ongoing economic boom that some analysts are calling “Manufacturing 4.0” or “Next Manufacturing.” Manufacturers are finding that the total cost of ownership (TCO) favors U.S.-based factory production, explains Harry Moser, founder and president of the Chicago-based Reshoring Initiative, a nonprofit think tank that supports U.S.-based manufacturing.
The domestic energy boom in natural gas and fracking has lowered the cost of materials and operations, prompting more factories to return to U.S. soil. Then there’s proximity to a growing field of local suppliers that provide raw materials. And keeping production in the country means there are no duties and tariffs, reduced inventory carrying costs and R&D innovations on the factory floor aren’t at risk of intellectual property theft. Also, the U.S. doesn’t have to lower its prices or wages to be competitive with China; it needs only “a lower total cost to produce that product,” Moser explains.
But it’s about big data and high-tech innovations, too. Manufacturing is increasingly using predictive capabilities to generate value and create more efficient, lower-cost logistics to handle materials throughout the supply chain. U.S. labor costs are still higher than those of other nations, but the ability to create smart products and smart factories will make this less relevant over time.
There are potential obstacles in the United States’ race to No. 1. For one, the continued strength of the dollar could dampen international sales of U.S. industrial exports. Smart factories need skilled labor, and the number of STEM graduates and “upskilled” workers who have received technical training may not be able to keep pace with demand. What’s not going to be a problem? Robots taking jobs. Thirty-seven percent of U.S. industrialists say their need for skilled labor will actually increase as physical production becomes automated, according to a recent survey by PwC.
Reshoring Initiative Data Report: Reshoring Plus FDI Job Announcements Up 2,800% Since 2010
In 2017 the combined reshoring and related foreign direct investment (FDI) announcements surged, adding over 171,000 jobs in 2017, with an additional 67,000 in revisions to the years 2010 through 2016. This brings the total number of manufacturing jobs brought to the U.S. from offshore to over 576,000 since the manufacturing employment low of 2010. The 171,000 reshoring and FDI job announcements equal 90% of the 189,000 total manufacturing jobs added in 2017.
In 2017 announcements of combined Reshoring and FDI jobs were up 122% compared to unrevised 2016 totals and 52% compared to revised 2016 totals. We believe the huge increases were largely based on anticipation of greater U.S. competitiveness due to expected corporate tax and regulatory cuts following the 2016 election. Similar to the previous few years, FDI continued to exceed reshoring in terms of total jobs added, but reshoring has closed most of the gap since 2015.
American imperialism wouldn't be nearly as bad if we were surrounded by prosperous countries who were happy at home and proud to be our allies. Instead we've treated our closest neighbors like complete trash while doing everything in our power to protect two shithole middle eastern countries(won't name the two for fear of being called an anti-semite and islamaphobe).
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But is the US itself? Considering it's on the verge of simultaneously supplanting the world's oil production and industrial output kings, that would seem a ridiculous position. China's technological dominance is made out to be imminent, yet one of their largest and most invaluable tech firms has to close down global operations when faced with the prospect of being barred from US technology? That whole narrative had a massive hole blown through it last week. I hope that chin isn't made of china, check time is coming.
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Are you trying to imply Hispanics can't be white? Would you really say this guy is not white just because he was born in Mexico?
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No, but obviously the vast majority of hispanics aren't white. The typical hispanic is mestizo, and looks it.
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But are those the ones checking off the white box? Could be mostly Cubans who are white
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But are those the ones checking off the white box? Could be mostly Cubans who are white
There's a video on youtube entitled 'when brown people think they're white' or something to that effect, and a man goes around asking obviously non-white hispanics what they think their race is and they say white. Also look at how the FBI categorises hispanic criminals.
Here's the boxer Gamboa's details when he was arrested:
See the 'W' next to 'Race'? What do you think that stands for?
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Haha, fair enough. There are a lot of white Hispanics but there are also a lot of mixed ones who want to claim being white.There's a video on youtube entitled 'when brown people think they're white' or something to that effect, and a man goes around asking obviously non-white hispanics what they think their race is and they say white. Also look at how the FBI categorises hispanic criminals.
Here's the boxer Gamboa's details when he was arrested:
See the 'W' next to 'Race'? What do you think that stands for?
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But are those the ones checking off the white box? Could be mostly Cubans who are white
I dont know what the fuck you guys are talking about. But if you have more pics like that just post em.
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Her name is Angie Varona and she's a legend.
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That's wack.
