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Things In The Market Are Getting Worse
TBI ^ | 5-14-2012 | Joe Weisenthal

Posted on 05/14/2012 6:54:01 AM PDT by blam

Things In The Market Are Getting Worse

Joe Weisenthal
May 14, 2012

Things are still getting worse.

The Dow is off 137.

Greece is off 5%.

Spain is down 2.9%.

Italy (shown here) is off 3.4%.


(Excerpt) Read more at businessinsider.com ...


TOPICS: News/Current Events
KEYWORDS: economy; europe; finance; markets
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To: Grampa Dave

The price of gas in WA is up, up, up these past couple weeks yet all of the news says prices are decreasing. Is CA driving it up? I saw $4.45/gal for Chevron Supreme this morning on the way to work. It was $4.17/gal not 10 days ago.........


21 posted on 05/14/2012 10:08:16 AM PDT by SW6906 (6 things you can't have too much of: sex, money, firewood, horsepower, guns and ammunition.)
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To: blam
GARY SHILLING: Home Prices Will Plummet 20% From Here
22 posted on 05/14/2012 10:25:24 AM PDT by blam
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To: SW6906
$3.70 at the Irving Station in Farmington, NH as I drove by this morning.
23 posted on 05/14/2012 10:37:31 AM PDT by Little Bill (Sorry)
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To: Grampa Dave
Well, I'm gonna miss some of it because I'm gonna be out of state from June 20 till about July 20. 50th Anniversary trip by RV to Seward and Homer AK.

You are absolutely correct about all the orchestration. Reminds me of the orchestration of everything Obama and GANG-GREEEN!!! (BLEEP 'em)

24 posted on 05/14/2012 10:44:47 AM PDT by SierraWasp ("GovernMental austerity first, THEN conservative prosperity!!! Austerity breeds properity!!!)
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To: Grampa Dave; SierraWasp
If You Live In California Things Just Got A Whole Lot Worse
25 posted on 05/14/2012 10:51:49 AM PDT by blam
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To: tcrlaf
The markets cannot be allowed to crash until AFTER Election Day, no matter the cost to the taxpayer. THE MESSIAH MUST NOT BE ENDANGERED by bad economic news that doesn’t fit the current truth, no matter how much it costs you!

What! There is market manipulation? Seriously, what hasn't been corrupted in this once great nation?

26 posted on 05/14/2012 11:00:12 AM PDT by Digger (If RINO is your selection then failure is your election)
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To: blam

” Most don’t realize that either approach arrives at the same point, complete collapse of the economy.

There is no (peaceful) way back from here. “

Nope.


27 posted on 05/14/2012 11:19:45 AM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: SW6906

“The price of gas in WA is up, up, up these past couple weeks yet all of the news says prices are decreasing. Is CA driving it up? I saw $4.45/gal for Chevron Supreme this morning on the way to work. It was $4.17/gal not 10 days ago.........”

Wow, that is even worse than in Californicator land.

Did the enviro eco terrorist put in new gas recipes on the state, while no one was looking?


28 posted on 05/14/2012 11:34:43 AM PDT by Grampa Dave (ILLEGAL IMMIGRATION IS DESTROYING AMERICA-LOOK AT WHAT IT DID TO THE WHITE HOUSE!)
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To: goodnesswins

Check on your gasoline recipes for late spring/summer driving to see if your enviro terrorists sneaked a new expensive formula in.


29 posted on 05/14/2012 11:37:01 AM PDT by Grampa Dave (ILLEGAL IMMIGRATION IS DESTROYING AMERICA-LOOK AT WHAT IT DID TO THE WHITE HOUSE!)
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To: blam

We probably haven’t had coal powered electricity in decades.


30 posted on 05/14/2012 11:38:44 AM PDT by Grampa Dave (ILLEGAL IMMIGRATION IS DESTROYING AMERICA-LOOK AT WHAT IT DID TO THE WHITE HOUSE!)
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To: Grampa Dave; thackney

I read somewhere that 20% of our (CA) electicity comes from nuclear and a lesser percentage from hydro, so where’s the rest coming from if it ain’t coal? It sure isn’t wind and solar, both of which don’t come near to hydro. Let me see if Thackney knows...


31 posted on 05/14/2012 3:46:24 PM PDT by SierraWasp ("GovernMental austerity first, THEN conservative prosperity!!! Austerity breeds properity!!!)
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To: SierraWasp

Net Generation by Energy Source: Total (All Sectors), 1998 through February 2012
http://www.eia.gov/electricity/monthly/epm_table_grapher.cfm?t=epmt_1_1

If you look at the data in the link above, you will see it wasn't that long ago when coal was ~50%.

32 posted on 05/14/2012 3:52:32 PM PDT by thackney (life is fragile, handle with prayer)
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To: SierraWasp

Whoops, missed that CA qualifier. That was the whole US.

Give me a minute.


33 posted on 05/14/2012 3:56:17 PM PDT by thackney (life is fragile, handle with prayer)
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To: SierraWasp

1.3% Coal
0.4% Petroleum
47.8% Natural Gas
0.8% Other Gases
16.2% Nuclear
21.1% Hydroelectric Conventional
1.9% Wind
0.01% Solar Thermal and Photovoltaic
2.1% Wood and Wood Derived Fuels
7.6% Geothermal
1.3% Other Biomass
-0.7% Pumped Storage
0.3% Other

http://www.eia.gov/cneaf/electricity/epa/generation_state_mon.xls

Note: Pumped Storage is negative because it is storing energy produced by another source for use at the peak. The losses in this system result in negative percentage. It provides power when you need it, but it takes power to do so.


34 posted on 05/14/2012 4:01:32 PM PDT by thackney (life is fragile, handle with prayer)
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To: blam

IMHO, markets tanked in ‘08 when it became clear Obama would win (the market is forward-looking).

I’d expect a similar uptick when Romney (i.e, anybody-but-Obama) becomes the heir-apparent.


35 posted on 05/14/2012 4:08:06 PM PDT by P.O.E. (Pray for America)
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To: thackney; Grampa Dave
Thanks so much.

As usual you are always right in touch with the most current data.

36 posted on 05/14/2012 5:16:50 PM PDT by SierraWasp ("GovernMental austerity first, THEN conservative prosperity!!! Austerity breeds properity!!!)
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To: thackney

That’s ok. As usual I was so far off that I really needed your help. Thanks again!!!


37 posted on 05/14/2012 5:19:03 PM PDT by SierraWasp ("GovernMental austerity first, THEN conservative prosperity!!! Austerity breeds properity!!!)
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To: GeorgeWashingtonsGhost
I know Romney ain't my first, or second choice but he's my choice now...and I'll I want is to have some HOPE...hope for my children to live in a real America...

I want some hope...I want to be able to sleep at night...

38 posted on 05/14/2012 10:35:01 PM PDT by cherry
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To: blam; thackney

Thanks to Thackney, we now have the answer to coal powered electricity in Californiacator land, 1.3%.

I wonder where any surviving coal powered electrical generator plants are. I think that maybe a few that are only used in high demand days just before Californiacator land goes black with a power outage.

The good thing about Gray Davis’s rolling black out days followed by the Green Arnold was the approval, building and getting on line, new natural gas powered electro plants.

1.3% Coal
0.4% Petroleum
47.8% Natural Gas
0.8% Other Gases
16.2% Nuclear
21.1% Hydroelectric Conventional
1.9% Wind
0.01% Solar Thermal and Photovoltaic
2.1% Wood and Wood Derived Fuels
7.6% Geothermal
1.3% Other Biomass
-0.7% Pumped Storage
0.3% Other

http://www.eia.gov/cneaf/electricity/epa/generation_state_mon.xls

Note: Pumped Storage is negative because it is storing energy produced by another source for use at the peak. The losses in this system result in negative percentage. It provides power when you need it, but it takes power to do so.

34 posted on Monday, May 14, 2012 4:01:32 PM by thackney (life is fragile, handle with prayer


39 posted on 05/15/2012 6:56:50 AM PDT by Grampa Dave (ILLEGAL IMMIGRATION IS DESTROYING AMERICA-LOOK AT WHAT IT DID TO THE WHITE HOUSE!)
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To: Grampa Dave

ACE (ARGUS COGEN EXPANSION) COGEN, ACE COGENERATION SAN BERNARDINO 108.00 MW

NORTH AMERICAN CHEMICAL CO., ACE COGEN SAN BERNARDINO 55.00 MW

BP WILMINGTON CALCINER, CA CALCINER AT LONG BEACH LOS ANGELES 34.00 MW

RIVERSIDE CEMENT CO., TXI RIVERSIDE CEMENT POWER HOUSE SAN BERNARDINO 24.00 MW

HANFORD COGEN, HANFORD L.P. KINGS 24.00 MW

GWF - WILBUR II, GWF POWER SYSTEMS INC. #4 CONTRA COSTA 20.50 MW

GWF - E. 3RD ST PLANT, GWF POWER SYSTEMS INC. #1, EAST THIRD STREET POWER PLANT CONTRA COSTA 19.00 MW

GWF - LOVERIDGE, GWF POWER SYSTEMS INC. #2, LOVERIDGE ROAD POWER PLANT CONTRA COSTA 19.00 MW

GWF - WILBUR I, GWF POWER SYSTEMS INC. #3 CONTRA COSTA 19.00 MW

GWF POWER SYSTEMS INC. #5, NICHOLAS ROAD POWER PLANT CONTRA COSTA 19.00 MW

The last six use petroleum coke (refinery leftover product) as their primary fuel, but can burn coal as well. The second and the fourth are coal gasification. All are operational, all are Cogeneration units (meaning part of another system like generating heat for another process).

http://www.energyalmanac.ca.gov/powerplants/Power_Plants.xls


40 posted on 05/15/2012 7:23:08 AM PDT by thackney (life is fragile, handle with prayer)
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