Free Republic 2nd Quarter Fundraising Target: $88,000 Receipts & Pledges to-date: $84,770
96%  
Woo hoo!! And now over 96%!! Less than $3.3k to go!! We can do this. Thank you all very much! God bless.

Keyword: reserves

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  • Oil Markets Brace As U.S. Looks To Sell 100 Million Barrels From SPR

    09/09/2016 2:59:36 PM PDT · by bananaman22 · 36 replies
    Oilprice.com ^ | 09-09-2016 | SPR
    Aging infrastructure could render the U.S. strategic petroleum reserve (SPR) increasingly ineffective, according to a new report from the Department of Energy. The U.S. has stored roughly 700 million barrels of crude oil in salt caverns in Texas and Louisiana for decades. The SPR was established in the aftermath of the Arab oil embargo in 1973, which painfully revealed U.S. oil dependence as high prices drove up inflation, created fuel shortages and lines at gas stations, and rocked the American economy. The SPR was setup to stash 90 days’ worth of supply into storage for safekeeping, meant to be used...
  • Czech Republic calls for increasing its Emergency Food Reserves (title translated & shortened)

    08/24/2016 10:51:40 AM PDT · by MarchonDC09122009 · 5 replies
    Ihned.cz ^ | 08/02/2016 | Katerina Adamcova
    Czech Republic calls for increasing its Emergency Food Reserves (title translated & shortened) http://m.ihned.cz/c1-65387150-zasoby-jidla-vydrzi-cesku-stale-na-neco-malo-pres-den-stat-ma-stale-problem-ziskat-nouzove-potraviny Food supplies lasts Czech Republic is still a little over a day. The state has a problem getting emergency food 1st 8th 2016 21:35 (updated: 2. 8. 2016 11:31)  Katerina Adamcová Read more: Food | food | strategic stocks | milk      State still fails to obtain the required emergency food for three days.      Do tenders for milk powder came forward only two firms.      Now milk powder, according to the Chairman of the State Material Reserves Paul's brother in law the right nutritional value and should have...
  • It's Official: Canada Has Sold All Of Its Gold Reserves

    03/03/2016 10:29:50 AM PST · by blam · 56 replies
    Zero Hedge ^ | Tyler Durden
    Tyler Durden March 3, 2016One month ago, when looking at the latest Canadian official international reserves, we noticed something strange: Canada had sold nearly half of its gold reserves in one month. According to the February data, total Canadian gold reserves stood at 1.7 tonnes. That was just 0.1 per cent of the country’s total reserves, which also include foreign currency deposits and bonds. As we noted, the decision to sell came from Finance Minister Bill Morneau’s office. “Canada’s gold reserves belong to the Government of Canada, and are held under the name of the Minister of Finance,” explained a...
  • Prepare For A Dramatic Decline In Oil Reserves

    12/29/2015 4:46:20 AM PST · by thackney · 19 replies
    Forbes ^ | DEC 28, 2015 | Robert Rapier
    According to the 2015 BP Statistical Review of World Energy, in the past 10 years global proved oil reserves grew by 334 billion barrels to reach a global total of 1.7 trillion barrels. To put that in perspective, Saudi Arabia's proved oil reserves stood at 267 billion barrels at the end of 2014. That means that the global proved oil reserves added to the books in the past decade were equal to one and a quarter Saudi Arabias. Was that much new oil actually discovered over that time frame? No. Further, we can anticipate that a big fraction of the...
  • Cheap oil puts the House of Saud at risk: Kingdom exhausts monetary reserves in 5 years

    12/14/2015 12:15:26 PM PST · by SeekAndFind · 26 replies
    Asia Times ^ | 10/22/2015 | Spengler
    Saudi Arabia spends money like there’s no tomorrow. A new report from the International Monetary Fund suggests that there might not be a tomorrow for the House of Saud. Without massive spending cuts, the Kingdom will exhaust its monetary reserves in five years at current oil prices, the IMF reckons. Saudi Arabia is a rich country full of poor people, and the House of Saud has bought a lot of legitimacy by subsidizing its subjects. The dynasty might not survive the sort of austerity measures that the IMF insists are necessary to keep the Kingdom from running out of reserves...
  • Breaking News: Worker Ants Really Lazy

    07/07/2015 6:26:39 PM PDT · by Louis Foxwell · 22 replies
    A Bug’s Life 07.07.156:05 PM ET Breaking News: Worker Ants Really Lazy A new study out of the University of Arizona finds that ants specialize in inactivity. Good news for slackers! Turns out nature’s archetypal busybodies, worker ants, are lazy too.Researchers have actually been aware of ants’ slacker habits for a while, but they didn’t know whether the sluggish members of the Temnothorax rugatulus species of western North America were inactive or rather just taking a break.“It’s just the sort of a thing that anyone who’s ever worked on social insects has noticed: ‘Oh look, half of them are standing around...
  • Tattoos, prescription drugs, obesity hinder Army Reserves recruitment effort

    02/16/2015 8:19:50 PM PST · by PROCON · 23 replies
    washingtontimes ^ | Feb. 16, 2015 | Maggie Ybarra
    The majority of potential Army reservists are either hooked on prescription drugs, have too many tattoos, are overweight or have mental conditions that prohibit them from joining the military, recruiters say. Seven out of 10 applicants — who return to their civilian lives after training, but can be called into active service at any time — fail to meet Army Reserve standards for on mental, physical and other grounds, said Capt. Eric Connor, U.S. Army Reserve Command spokesman. The problem affects the broader service as well. According to Army Recruiting Command statistics compiled last year, 71 percent of young people...
  • Chief of naval personnel: Navy should expand sabbatical program

    01/03/2015 6:30:58 AM PST · by Timber Rattler · 8 replies
    The (Norfolk) Virginian-Pilot, via Stars & Stripes ^ | January 2, 2015 | Mike Hixenbaugh
    Thousands of sailors get out of the Navy every year because they want to start a family. Or to enroll in school. Or because they are burned out on frequent deployments and months away from home. With the national unemployment rate dropping and more service members leaving for the private sector, the chief of naval personnel says he wants to do everything he can to keep the best sailors in uniform longer — even if that means letting them go for a while. “We need to offer meaningful incentives to keep the best talent we can, both men and women,”...
  • Leaders Not Sure if Troops on Ebola Deployments Will Receive R&R

    11/14/2014 3:52:07 PM PST · by wtd · 2 replies
    Military.com ^ | Nov 14, 2014 | Amy Bushatz
    Military.com: Leaders Not Sure if Troops on Ebola Deployments Will Receive R&R FORT CAMPBELL – Military leaders have not yet decided whether troops deployed to West Africa will receive mid-tour leave, officials told Army family members here at a town hall style video teleconference (VTC) to Liberia held here Nov. 13. Answers given at the town hall by Maj. Gen. Gary Volesky, commander of the 101st, were paraphrased by Fort Campbell-based officials and posted to the base’s official Facebook page. The event was not open to reporters. Defense officials have said the Ebola related deployments to Liberia could last as...
  • What Senator Elect Joni Ernst Was Caught Doing 2 Days After the Election

    11/10/2014 5:08:30 PM PST · by Kevin in California · 46 replies
    Joni Ernst was elected as Iowa’s first female US Senator last Tuesday as part of the massive GOP landslide which saw the Party retake the majority in the the Upper House of Congress.
  • OBAMA AUTHORIZES GUARD, RESERVE CALL-UP FOR EBOLA

    10/16/2014 2:31:03 PM PDT · by shove_it · 71 replies
    AP ^ | 16 Oct 2014 | JIM KUHNHENN
    WASHINGTON (AP) -- President Barack Obama on Thursday authorized the Pentagon to call up reserve and National Guard troops if they are needed to assist in the U.S. response to the Ebola outbreak in West Africa. Obama signed an executive order that allows the government to call up more forces and for longer periods of time than currently authorized. There is no actual call-up at this point...
  • Japan Rolls Out Campaign To Stockpile Toilet Paper

    09/01/2014 11:10:44 AM PDT · by blam · 41 replies
    AP ^ | 9-1-2014 | MARI YAMAGUCHI
    MARI YAMAGUCHI Associated Press TOKYO (AP) -- A message Japan began delivering Monday is a bit unusual, but true enough: Don't wait until it's too late to think about toilet paper. The government and paper companies kicked off a "Let's stockpile toilet paper!" campaign to mark Disaster Prevention Day, warning of a possible crisis because nearly half of the supply comes from one of Japan's most earthquake-prone areas. Officials said people immediately think of food and water as emergency supplies, but easily forget toilet paper, and get desperate when it's too late. "After running out of toilet paper, people start...
  • Crude oil reserves at start of 2013 reach highest level since 1976

    04/10/2014 8:03:19 AM PDT · by thackney · 7 replies
    Energy Information Administration ^ | APRIL 10, 2014 Crude o | Energy Information Administration
    U.S. crude oil proved reserves rose for the fourth consecutive year in 2012, increasing by 15% to 33 billion barrels, according to the U.S. Crude Oil and Natural Gas Proved Reserves (2012) report released April 10 by the U.S. Energy Information Administration. U.S. crude oil and lease condensate proved reserves were the highest since 1976, and the 2012 increase of 4.5 billion barrels was the largest annual increase since 1970, when 10 billion barrels of Alaskan crude oil were added to U.S. proved reserves. Contributing factors to higher crude oil reserves include increased exploration for liquid hydrocarbons, improved technology for...
  • Are Lenders Really Loosening Credit For Homebuyers? Very Slowly (Reserves Trapped)

    06/22/2013 8:05:05 AM PDT · by whitedog57 · 6 replies
    Confounded Interest ^ | 06/22/2013 | Anthony B. Sanders
    There was an interesting article on Bloomberg.com entitled “Housing Seen Shrugging Off Loan Rate Rise as Banks Loosen” complete with a video interview of Trulia’s chief economist Jed Kolko. Essentially, he denies that rising mortgage rates won’t be a problem until mortgage rates rise to 10.5%. If we use a rent or buy calculator, people should buy today at these low mortgage rates according to Koklo. But at a 10.5% mortgage rate, Koklo suggests that you would rent. Holding all other things constant (which they never are), people will be buying because the relative cost of homeownership is lower. The...
  • Show me the (gold)money!

    03/19/2013 6:51:51 AM PDT · by Eric Thesos · 1 replies
    2013-03-19 | Eric Thesos
    How much gold does America really have?
  • U.S. taps reserves to calm New York, New Jersey fuel "panic" post Sandy

    11/02/2012 7:03:26 PM PDT · by Oldeconomybuyer · 15 replies
    Reuters ^ | November 2, 2012 | By David Sheppard and Jonathan Spicer
    (Reuters) - A third day of gasoline "panic buying" among storm-stricken motorists in the New York area and New Jersey prompted authorities to tap emergency oil reserves and ordered the military to dispatch fuel on Friday, while limited deliveries from pipelines and oil barges offered a glimmer of relief. Four days before the U.S. presidential election, the Obama administration made an all-out effort to ease the crisis, authorizing the Defense Logistics Agency to buy and deliver up to 22 million gallons of fuel for the region, waiving a rule barring foreign-flagged vessels transiting U.S. ports and loaning out diesel from...
  • 10 Countries Sitting On Gigantic Piles Of Gold

    10/08/2012 6:47:47 AM PDT · by blam · 21 replies
    TBI ^ | 10-8-2012 | Mamta Badkar
    10 Countries Sitting On Gigantic Piles Of Gold Mamta BadkarOct. 8, 2012, 6:44 AMAP Images Gold prices have been supported by central bank gold purchases. According to the World Gold Council (WGC), global central banks bought 157.5 tonnes of gold in the second quarter, up 63 percent quarter-over-quarter and up 137.9 percent year-over-year. In fact, there is a school of thought that suggests euro zone members use gold as collateral for sovereign debt issuance to keep bond yields. We put together a list of the countries with the biggest official gold holdings as reported by the WGC last week. We...
  • House Dems to Obama: Be ready to tap emergency oil reserves (Sea levels to rise?)

    02/22/2012 5:12:30 PM PST · by Libloather · 36 replies
    The Hill ^ | 2/22/12 | Andrew Restuccia
    House Dems to Obama: Be ready to tap emergency oil reservesBy Andrew Restuccia - 02/22/12 03:20 PM ET Three House Democrats urged President Obama Wednesday to consider releasing oil from the country's emergency stockpiles in order to lower gas prices. The lawmakers warned that tapping the Strategic Petroleum Reserve (SPR), a 696-million-barrel stockpile of oil stored in salt caverns along the Gulf Coast, could soon be necessary to combat rising prices they say stem from market speculation. “It is essential that the United States have an aggressive strategy for releasing oil from the Strategic Petroleum Reserve to combat the speculators...
  • Only one major media outlet reports terror suspect as Muslim

    06/17/2011 1:31:41 PM PDT · by Todd Kinsey · 10 replies
    This morning police in Washington D.C. arrested Yonathan Melaku, a Muslim, for suspicious activity near Arlington National Cemetery and the Pentagon. The twenty-two-year-old Melaku is a naturalized U.S. citizen originally from Ethiopia that also serves in the Marine Corp Reserves. He was found carrying ammonium nitrate fertilizer and other materials making reference to Al Qaeda and the Taliban. The first reports I saw came from the Drudge Report and neither made reference to Malaku’s religion. Then I remembered the stories about Asan Akbar who killed two members of his platoon and wounded fifteen more and Hasan Nidal who killed thirteen...
  • There Will Be Oil (advocates of 'peak oil' have wrongly been predicting a crisis in energy supplies)

    09/19/2011 2:25:22 PM PDT · by SeekAndFind · 46 replies
    Wall Street Journal ^ | 09/19/2011 | Daniel Yergin
    Since the beginning of the 21st century, a fear has come to pervade the prospects for oil, fueling anxieties about the stability of global energy supplies. It has been stoked by rising prices and growing demand, especially as the people of China and other emerging economies have taken to the road. This specter goes by the name of "peak oil." Its advocates argue that the world is fast approaching (or has already reached) a point of maximum oil output. They warn that "an unprecedented crisis is just over the horizon." The result, it is said, will be "chaos," to say...