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  • Exxon Mobil (XOM) now says 12,500 barrels of oil and water have been recovered from a pipeline that ruptured Friday in Arkansas. Predictably, the spill has turned into political fodder for opponents of the Keystone XL Pipeline. Massachusetts Democrat Ed Markey says the Arkansas spill demonstrates "that transporting large amounts of this corrosive and polluting fuel is a bad deal for American taxpayers." [View news story]
    Bill
    Although I'm no where near a tree hugger, I guess the lack of trees in my early childhood gave me a respect for the land which I have successfully passed to my kids. We recycled since I was a teenager.
    My parents taught me before you throw something out see if it can be used by another. Its a simple rule most forget.
    For most people from NYC the greatest gift we gave ourselves is Central Park, in an average week it gets more visitors than most of the states have populations.
    Apr 2 02:22 PM | Likes Like |Link to Comment
  • Exxon Mobil (XOM) now says 12,500 barrels of oil and water have been recovered from a pipeline that ruptured Friday in Arkansas. Predictably, the spill has turned into political fodder for opponents of the Keystone XL Pipeline. Massachusetts Democrat Ed Markey says the Arkansas spill demonstrates "that transporting large amounts of this corrosive and polluting fuel is a bad deal for American taxpayers." [View news story]
    HP
    I couldn't care less about Canada and Alberta
    I have enough worries with the dimwits in DC.
    In my old state NY the clowns wanted to show
    how in tune they were for gun control, they had to amend
    the law the following day because 99% per cent of
    the cops carried guns with more bullets than allowed.
    I'm all for reasonable regulations but the clowns of all
    the governments either write bad ones or don't enforce good ones.
    Apr 2 02:03 PM | 2 Likes Like |Link to Comment
  • Exxon Mobil (XOM) now says 12,500 barrels of oil and water have been recovered from a pipeline that ruptured Friday in Arkansas. Predictably, the spill has turned into political fodder for opponents of the Keystone XL Pipeline. Massachusetts Democrat Ed Markey says the Arkansas spill demonstrates "that transporting large amounts of this corrosive and polluting fuel is a bad deal for American taxpayers." [View news story]
    mpbosua

    sorry, but you have been misinformed as the USA has sent crude on a spot basis for 20 years and on a contract to Canada.
    The following is from Platts (mcgraw-hill)

    US sends oil exports to China for first time since 2005: EIA

    London (Platts)--28Mar2013/550 pm EDT/2150 GMT

    The US exported crude oil to China for the first time since November 2005 in January, according to data the Energy Information Administration released Thursday.

    US crude oil exports to China averaged 9,000 b/d in January, the EIA's data showed, representing 12.3% of the US's total crude exports.

    The other 87.7% of US crude oil exports -- 64,000 b/d -- was sent to Canada.

    January's crude shipments mark the first significant exports not bound for Canada since Costa Rica received 334,000 barrels of US crude in July 2011, EIA data shows. Mexico received 5,000 barrels in May 2012. This marks the first shipments to Asia since September 2006 when 24,000 barrels were exported to South Korea.

    Exports of crude oil have been heavily regulated in the US since the oil embargo in the 1970s. Monthly crude exports ticked up through much of the 1980s and 1990s, but fell back sharply in 2000.

    Between 2000 and 2008, US crude oil exports were negligible. However, exports -- primarily to Canada -- have gradually moved up as domestic production has boomed.

    In January, US crude oil production stood at 7.005 million b/d, down 59,000 b/d from December's 7.064 million b/d, but still at levels not seen since 1992.

    --Paula VanLaningham, paula_vanlaningham@pla... --Edited by Carla Bass, carla_bass@platts.com
    Apr 2 10:00 AM | Likes Like |Link to Comment
  • The bank stock rally has paused since the results of the Fed's capital-review tests, but improving underlying fundamentals continue, says Sterne Agee. Warnings about lower mortgage profits should be offset by stronger lending demand elsewhere. Favorites heading into earnings: BAC, C, JPM, KEY, PACW, PNC, BPOP, OFG[View news story]
    mike
    I'm basically against etf and mutual funds because of the excess baggage. I make my picks of stocks and win or loose its my bet.
    I own jpm,usb,bac,c,rf and hban and by the end of the year I will probably own only bac and usb

    good luck on your investments. I see you started in 2005 and you have made me feel real old. In 1961 my dad opened a ugtma (I was 15) account for me and my first trade was american sugar(domino foods today)
    Apr 2 09:35 AM | Likes Like |Link to Comment
  • The Right And Wrong Reasons To Hate General Electric [View article]
    OTE
    The real reason for the collapse of GE CAP was their enormous exposure to the commercial paper market. In hind sight the audit department and the outside auditors should have been fired. We have all heard of diversification and that refers to both loans and borrowings.
    They only looked at the loans
    Apr 1 09:10 PM | 2 Likes Like |Link to Comment
  • Even At A Low Payout Ratio, Wells Fargo Has An Amazing Dividend Yield [View article]
    jeroen

    Most of your report a agree with. however
    jpm, citi, and wells are not really competitors
    wells has the mtg market
    jpm has the commercial market and
    citi has the international market.
    if you treated them as autos
    you would have a sedan, an suv and and a minivan
    each has its own job to do
    that's why own them all plus regions and usbank.
    Apr 1 06:43 PM | Likes Like |Link to Comment
  • The Right And Wrong Reasons To Hate General Electric [View article]
    Tim
    I've owned GE since 1967 and have a large position and I also
    buy and roll calls all the time(very profitable tax free income in my roth)
    My problem is the CEO job is protecting the company's moat but alas
    jeff is stuck in the mud. When a CEO does not expand the envelope but buys and sell equal value pieces, I give him three years and then it's time for a change.
    Apr 1 06:33 PM | Likes Like |Link to Comment
  • The bank stock rally has paused since the results of the Fed's capital-review tests, but improving underlying fundamentals continue, says Sterne Agee. Warnings about lower mortgage profits should be offset by stronger lending demand elsewhere. Favorites heading into earnings: BAC, C, JPM, KEY, PACW, PNC, BPOP, OFG[View news story]
    how many dogs are in the xlf?
    Apr 1 06:13 PM | Likes Like |Link to Comment
  • Exxon Mobil (XOM) now says 12,500 barrels of oil and water have been recovered from a pipeline that ruptured Friday in Arkansas. Predictably, the spill has turned into political fodder for opponents of the Keystone XL Pipeline. Massachusetts Democrat Ed Markey says the Arkansas spill demonstrates "that transporting large amounts of this corrosive and polluting fuel is a bad deal for American taxpayers." [View news story]
    Revanche
    Phase 3

    This phase, known as Cushing MarketLink, is part of the Keystone XL pipeline. This proposed phase would start from Cushing, Oklahoma

    where domestic oil

    would be added to the pipeline, then it would expand 435 miles (700 km) to a delivery point near terminals in Nederland, Texas to serve the Port Arthur, Texas marketplace
    Also proposed is an approximate 47 miles (76 km) previous pipeline to transport crude oil from the pipeline in Liberty County, Texas to the Houston, Texas area.[1][39] Domestic oil producers in the USA are pushing for this phase so the glut of oil can be distributed out of the large oil tank farms and distribution center in Cushing, Oklahoma
    Apr 1 05:58 PM | Likes Like |Link to Comment
  • Exxon Mobil (XOM) now says 12,500 barrels of oil and water have been recovered from a pipeline that ruptured Friday in Arkansas. Predictably, the spill has turned into political fodder for opponents of the Keystone XL Pipeline. Massachusetts Democrat Ed Markey says the Arkansas spill demonstrates "that transporting large amounts of this corrosive and polluting fuel is a bad deal for American taxpayers." [View news story]
    HP
    I started as a banker from 1962 as a p/t after high
    school classes, to working for various institutions until I finished the Y2K project in 1999.(less 2 years as a army draftee). I retired because of malignant cancer which I did beat. True as I rose through the ranks I could afford to drive but I mainly used public transportation most of my life in NYC metro area. . What I've seen by way of many post is the incorrect opinion that just Cda oil will flow through the keystone pipeline which is incorrect. domestic supply will add to the flow. To some extent people believe oil flows freely around. Not true
    Here is a question for everybody. Can I ship oil by tanker to NYC from Houston or Port Arthur. Now most people will say yes but they would be wrong because the US government regulations state that the oil can be sent inter-city only by US flag ships. One problem we have no US flag tankers. Therefore shipping must be to a foreign port. Some of our domestic oil producers in OK would be able to send their oil to the gulf refineries. I want people to have jobs either construction or long term. We all do better when people are employed.
    Apr 1 05:55 PM | 4 Likes Like |Link to Comment
  • Exxon Mobil (XOM) now says 12,500 barrels of oil and water have been recovered from a pipeline that ruptured Friday in Arkansas. Predictably, the spill has turned into political fodder for opponents of the Keystone XL Pipeline. Massachusetts Democrat Ed Markey says the Arkansas spill demonstrates "that transporting large amounts of this corrosive and polluting fuel is a bad deal for American taxpayers." [View news story]
    rogerp
    Phase 3

    This phase, known as Cushing MarketLink, is part of the Keystone XL pipeline. This proposed phase would start from Cushing, Oklahoma
    where domestic oil would be added to the pipeline
    YES READ AGAIN
    WHERE DOMESTIC OIL WOULD BE ADDED TO THE PIPELINE.
    , then it would expand 435 miles (700 km) to a delivery point near terminals in Nederland, Texas to serve the Port Arthur, Texas marketplace.[1]

    Also proposed is an approximate 47 miles (76 km) previous pipeline to transport crude oil from the pipeline in Liberty County, Texas to the Houston, Texas area.[1][39] Domestic oil producers in the USA are pushing for this phase so the glut of oil can be distributed out of the large oil tank farms and distribution center in Cushing, Oklahoma.
    Apr 1 03:50 PM | 1 Like Like |Link to Comment
  • Exxon Mobil (XOM) now says 12,500 barrels of oil and water have been recovered from a pipeline that ruptured Friday in Arkansas. Predictably, the spill has turned into political fodder for opponents of the Keystone XL Pipeline. Massachusetts Democrat Ed Markey says the Arkansas spill demonstrates "that transporting large amounts of this corrosive and polluting fuel is a bad deal for American taxpayers." [View news story]
    HP
    assume the epa closed down those industries how many people would become unemployed? Give a specific number

    you sound like the clown from Massachusetts who was all for the upping of the state minimum wage. only to see over 40% of the teenagers loose their jobs. Giving kids jobs teaches respect and responsibility.
    he also wonders why crime went up in some areas.
    Apr 1 03:42 PM | 1 Like Like |Link to Comment
  • Exxon Mobil (XOM) now says 12,500 barrels of oil and water have been recovered from a pipeline that ruptured Friday in Arkansas. Predictably, the spill has turned into political fodder for opponents of the Keystone XL Pipeline. Massachusetts Democrat Ed Markey says the Arkansas spill demonstrates "that transporting large amounts of this corrosive and polluting fuel is a bad deal for American taxpayers." [View news story]
    j 20
    thanks
    I never heard of the epa that way
    Apr 1 03:36 PM | 1 Like Like |Link to Comment
  • Exxon Mobil (XOM) now says 12,500 barrels of oil and water have been recovered from a pipeline that ruptured Friday in Arkansas. Predictably, the spill has turned into political fodder for opponents of the Keystone XL Pipeline. Massachusetts Democrat Ed Markey says the Arkansas spill demonstrates "that transporting large amounts of this corrosive and polluting fuel is a bad deal for American taxpayers." [View news story]
    bill
    HP and obama probably believe you stole the land from the natives How could you be expected to take care of the land. As a kid, the only place you could find a tree was in a city park. I'm 66 and have seen many of the wonderful parts of this country and most want it protected.
    Apr 1 03:30 PM | 1 Like Like |Link to Comment
  • Exxon Mobil (XOM) now says 12,500 barrels of oil and water have been recovered from a pipeline that ruptured Friday in Arkansas. Predictably, the spill has turned into political fodder for opponents of the Keystone XL Pipeline. Massachusetts Democrat Ed Markey says the Arkansas spill demonstrates "that transporting large amounts of this corrosive and polluting fuel is a bad deal for American taxpayers." [View news story]
    HP
    nice pictures. too many duplicates for me.

    They remind me of the pictures of what NYC central park looked like during its construction in the early days. I however remember the softball games I played their for thirty years or the ice skating
    at the rinks in the winter. Its a wonderful park for everyone.
    Now I can't say that they will reclaim those areas in 50 years but I
    have been to many areas in "coal country" that have been reclaimed.
    Apr 1 03:18 PM | 2 Likes Like |Link to Comment
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