Thursday, April 25

Tag: increased

For New Oil And Gas Drilling Leases Royalty Rates Have Increased
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BUSINESS

For New Oil And Gas Drilling Leases Royalty Rates Have Increased

The Biden administration will open roughly 144,000 acres for leases for oil and gas drilling on public lands and waters, with royalty rates increased for the first time since the 1920s, DOI said Friday. Oil and gas drillers will now need to pay 18.75% royalties, a 50% increase from the 12.5% rate established when the federal government first imposed them about a century ago. Biden paused oil and gas drilling during his first week in office but a court order, and concern over high gasoline prices, are compelling the administration to offer leases. The most recent UN IPCC report concluded that even existing fossil fuel infrastructure puts the Paris Agreement goal of limiting warming to 1.5°C (2.7°F) out of reach, and building additional carbon-intensive infrastructure only further seals o...
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‘Defending Freedom’ In Ukraine: But At What Cost? Higher Food And Gas Prices And An Increased Risk Of Recession
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POLITICS

‘Defending Freedom’ In Ukraine: But At What Cost? Higher Food And Gas Prices And An Increased Risk Of Recession

Americans may be tempted to view the war in Ukraine as an unfortunate, but far away, crisis. As an economist, I know the world is too connected for the U.S. to go unaffected. On Feb. 22, 2022, President Joe Biden warned Americans that a Russian invasion of Ukraine – and U.S. efforts to thwart or punish it – would come with a price tag. “Defending freedom will have costs, for us as well and here at home,” Biden said. “We need to be honest about that.” His statement came one day before Russian President Vladimir Putin ordered an attack on targets throughout Ukraine, including western parts of the country. Now that war has broken out, the biggest costs for the U.S. will likely be in higher prices – on top of what is already the fastest pace of inflation in 40 years. How much worse inflati...
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5 Concerns – Increased Hate – Crimes And Enabling?
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IMPACT

5 Concerns – Increased Hate – Crimes And Enabling?

If you haven't observed, we've been undergoing, a period of increased amounts/ numbers of hate - crimes, you probably haven't been paying enough attention! Many feel, this is occurring, at a rate, we haven't seen, in recent memory, and, this may be more dangerous, than - ever, because, so many politicians, and elected officials, seem to believe, enabling, and entitling the haters, etc, serves their personal/ political agenda, and/ or, self - interest! It has gotten to the point, where, common sense indicates, if we don't reduce this partisan behavior, hatred, bigotry, and prejudice, we risk the identity and character of this nation, and lose, many of what, we've considered the protections, and Constitutional guarantees, which differentiate us, throughout the world! When haters feel enab...
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During The Pandemic Domestic Violence Calls For Help Increased But Answers Haven’t Gotten Any Easier
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SOCIETY

During The Pandemic Domestic Violence Calls For Help Increased But Answers Haven’t Gotten Any Easier

Domestic violence rose globally in 2020 – so much so that doctors have called it “a pandemic within a pandemic.” The National Commission on COVID-19 and Criminal Justice, a team of national experts tasked with assessing the impact of COVID-19 on the justice system, recently estimated that in the United States, domestic violence incidents increased 8.1% on average following stay-at-home orders. Worldwide, the United Nations estimates there was a 20% increase in domestic violence incidents across its 193 member states during the 2020 COVID-19 lockdowns. We are criminologists with expertise in domestic violence and policing, respectively. To understand whether and how the COVID-19 pandemic impacted calls for help for domestic violence in the U.S., we examined short- and long-term trends in ...
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