If we start doing things like this, don't whine when the China does the same thing.
can't tell if serious
Reserves are not production, they are an estimate of what is possible to extract using available technology.
[snippage of a lot of smart stuff]
I'm trying to figure out whether you agree with me or not. You don't have to read my post too closely to see that I'm asserting two points: 1) the global market for oil won't be budged by this "news", and 2) The effect on the CA economy by this "news" will not be felt for a while (if ever).
In any case, my reply to GGP was aimed at debunking the notion that anyone (consumers) will feel an impact at the pump in the short/near term.
If you agree, great! If you were just trying to show off your knowledge, mission accomplished. Otherwise, I've read your reply several times and there doesn't seem to be a direct refutation of my assertions. Try again?
So theres other parts of it somewhere out there
Slashdot's DRM bot has flagged your post as a violation of the DMCA. Don't EVAR post the last three words of that sentence again, or we will report you to the MPAA. SWAT teams WILL be mobilized.
And (just to be safe) don't even speak the last three words of that sentence, mkay?
(so far, you're safe to think those words, but we're working on that)
The point is moot. Libruls don't want even 1 drop of it removed from the ground..
FTFY
LOL wut? You must live outside the US.
This announced change on estimated US (slash) California reserves will have little to no impact on the markets. It certainly might have an impact on the CA economy in the long term - but for the rest of us...not so much.
When did Mexico become a South American country?
Mexico is south of Americuns. You typo natzis really needs to Goetz overs yourselfs.
Cryptocoins are a solved problem. It's being able to store them securely that is the problem.
IOW, the cryptocoin problem isn't solved.
The theory, at least, is that prices are set by competition and corporate tax rates do not enter into it.
No "theory" is required. There's plenty of empirical evidence that when a local tax is applied to the production of a globally traded commodity, there is virtually no effect on the price of that commodity.
Of course, what happens to the level of production within the tax authority is another matter.
Or to put it another way: if you raise the taxes of all oil/gas companies, what do you think those companies are going to do next?
That's great, except no one is talking about raising taxes on ALL oil/gas companies. Kaiser's proposal affects the rate levied on producing wells in Oklahoma. The proposal will have virtually no effect on overall oil/gas prices, much less prices at the pump.
Just wait till the markets open tomorrow. NASDAQ down 600-800 points (at least). Nobody sane is going to purchase US-made networking gear for a very long time.
Nah, this won't budge the markets, mainly because this info was released some time ago - and it wasn't limited to router hardware.
The only reason this is being re-reported is to promote Greenwalds's book.
I know, right?! The fact that the melting of floating ice would have no effect on sea levels must have completely escaped those silly career scientists AND the editors of the journals who are going to publish their research.
Yeah AC, you've got more expertise than Wagner, Joughin, Alley, and (importantly) Mercer when it comes to this sort of thing...prolly more than all of them combined! Thanks for posting.
And thanks for the perceptive moderator who marked parent Insightful. It's another helluva day for science here on slashdot!
Eat, drink and be merry for tomorrow we shall day is literally the motto for so many people.
So....carpe diem cras?
All seems condemned in the long run to approximate a state akin to Gaussian noise. -- James Martin