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Texas oil industry crafts plan for students to graduate debt free with 6-figure job

03.07.2020 12:38

The program would help fill the hundreds of thousands of positions that will be needed in the coming years to develop the massive 2016 oil discovery in the Permian Basin, located in West Texas and New Mexico.


2021 Dodge Durango SRT Hellcat is the 1-year wonder we've been waiting for - Roadshow

03.07.2020 12:00

The Durango three-row SUV finally gets the full-on Hellcat treatment complete with a 710-horsepower V8 and even a functional spoiler.

Tags: Oil, Dodge

How The Last of Us Part II Doesn't Quite Live Up to Its Predecessor (Spoilers)

03.07.2020 6:25

Khayl writes: "The Last of Us is one of the critically acclaimed games ever made, and although it comes close at times, its sequel doesn't quite reach the same heights."

Tags: Oil

The Last of Us Part II Spoilercast Discussion: An Operation PlayStation Special

03.07.2020 6:25

Paul James and Dan DASH Rizzo go in depth and discuss The Impact The Last of Us Part II has had on the franchises narrative, and how it evolved from its initial entry. Gameplay, Story, and their feelings towards this divisive title.

Tags: Oil, MEP

Evert recalls ups and downs of long rivalry with Navratilova

03.07.2020 4:25

Chris Evert’s view of Martina Navratilova went from up-and-coming danger to doubles partner to foil in a record 14 Grand Slam finals to close pal

Tags: Oil

Nord Stream 2 Could Sever Transatlantic Ties

03.07.2020 4:19

(Bloomberg Opinion) -- U.S. President Donald Trump is furious at Germany for many reasons, not all of them fathomable. In phone conversations with Angela Merkel, he’s allegedly called the German chancellor “stupid” and denigrated her in “near-sadistic” tones. Though this be madness, as the Bard might say, there is — on rare occasions — method in it. One such case is Nord Stream 2.It is an almost-finished gas pipeline under the Baltic Sea between Russia and Germany, running right next to the original Nord Stream, which has been in operation since 2011. “We’re supposed to protect Germany from Russia, but Germany is paying Russia billions of dollars for energy coming from a pipeline,” Trump roared at a recent campaign rally. “Excuse me, how does that work?”As is his wont, the president thereby conflated many things. One of his grievances is that Germany has long been scrimping on its military spending, in effect free-riding on U.S. protection, for which he wants to punish his “delinquent” ally. Another is that the European Union, which he considers Germany’s marionette, allegedly takes advantage of the U.S. in business. Trump also wants to sell Europe more American liquefied natural gas (LNG).But Trump isn’t the only American trying to stop Nord Stream 2. In December, Congress aimed sanctions at a Swiss company that supplied the ships to lower the pipes into the water. This delayed the pipeline’s launch. Then Russia sent another vessel to finish the job. So this week a bipartisan group of Senators moved to widen the sanctions in order to kill Nord Stream 2 altogether.The problem is that if this new round becomes law, it will amount to an all-out economic assault on Europe. It could hit individuals and companies from many countries that are only tangential to the project — by underwriting insurance for the pipeline, say, or providing port services to the ships involved.Considering this an instance of illegal American extraterritoriality, the German government now plans to make the EU retaliate against the U.S. Trump, in the heat of America’s “silly season” leading up to November, could then strike back with new tariffs on German cars or a full-blown trade war. The transatlantic alliance, which was already frayed, is close to tearing.To me, this situation increasingly resembles “chicken,” a classic in game theory. The question is whether both sides are merely feigning recklessness (as the game assumes) or are already too far gone. And that applies just as much to the Germans. They like to play the reasonable side in transatlantic fights but deserve just as much blame as Trump and Congress for causing this mess.If Russia were a normal country, the German rationale for this pipeline might make sense. Europe will need more gas, especially to replace much dirtier coal and to supplement renewable sources of energy on the way to becoming carbon-neutral. And to get that gas, it makes sense to diversify — between Norwegian imports, American LNG or any other sort, including the Russian stuff. And piping it into Europe along the shortest route — through the Baltic — is efficient.But Russia is far from a normal country. It has for years been waging hybrid warfare in Europe, ranging from disinformation campaigns to aggression in Ukraine. At Germany’s urging, Russia recently extended a contract with Kiev to keep piping gas through Ukraine for several more years. But in the longer term, the new pipeline gives Russia dangerous geopolitical and strategic options.With two pipelines through the Baltic and another big one through the Black Sea, Russia could in the future cut all central and eastern European countries out of billions in transit fees. The country already controls almost 40% of the EU’s gas market even without Nord Stream 2. Once that goes online, the rest of Europe may become too dependent and therefore vulnerable to blackmail. When Trump calls Germany “a captive to Russia,” he has half a point.This is why Poland and the Baltic republics of Latvia, Lithuania and Estonia also oppose Nord Stream 2. As NATO’s eastern front line and former victims of invasion and aggression, they fear Russia more viscerally than Germans do nowadays. Psychologically, the Poles distrust any deal between Germany and Russia over their heads, because it reminds them of the Molotov-Ribbentrop Pact of 1939, which carved up their region between Nazi and Soviet spheres of influence.My question to the Germans, then, is why they have for years been deaf to these strategic concerns by their partners in NATO and the European Union, while coddling their own pro-Russian business lobbies and, of course, the Kremlin.German intransigence looks even more unsavory when considering who within Germany is most passionately in favor of the pipeline. Support for it skews sharply to the left, with its long tradition of anti-American and pro-Russian leanings. The most egregious example is Gerhard Schroeder, a Social Democrat who was Angela Merkel’s predecessor as chancellor. He’s always been buddies with Russian President Vladimir Putin. These days he also chairs the supervisory board of Nord Stream AG, which is owned by Gazprom PJSC and thus controlled by the Kremlin, as well as the board of Rosneft Oil Co PJSC, a Russian oil giant.This week, Schroeder testified to the Bundestag that Germany and Europe should prepare tough countermeasures against U.S. sanctions. He won support from The Left, a party that descends from the former regime in East Germany.Nord Stream 2 was and is a terrible idea. It’s a geopolitical project disguised as a private business deal. It has shown Germany to be an insensitive and naïve ally, and the U.S. to be a truculent one. It is now rending what little remains of their former relationship. If there is any way to leave these pipes buried and forgotten under the sea, all involved should discreetly and diplomatically search for it. Otherwise, this game of chicken will end the way it’s not supposed to.This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Andreas Kluth is a columnist for Bloomberg Opinion. He was previously editor in chief of Handelsblatt Global and a writer for the Economist. He's the author of "Hannibal and Me." For more articles like this, please visit us at now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

Pit Boss 700FB Wood Fired Pellet Grill with Flame Broiler - $335.00

03.07.2020 2:20

This Pit Boss 700FB Wood Fired Pellet Grill comes with Flame Broiler. ...

Tags: Oil, Fire

Adidas Executive Resigns as Turmoil at Company Continues

03.07.2020 0:20

Karen Parkin oversaw human resources for the sports apparel giant, which has faced criticism from employees who say it fosters a racist and discriminatory workplace.


US sees over 50k cases in a day, jolting reopening plans

02.07.2020 17:00

July 03, 2020 5:00 AM
WASHINGTON • The US has seen 50,000 new coronavirus infections in a single day, a staggering figure equivalent to the number of cases that were registered in the two months after the pandemic first reached American soil, prompting many states to reverse or halt plans for reopening their economies.


Thousands Take To The Streets In Ethiopia After The Killing Of A Popular Singer

02.07.2020 16:04

The killing of Haacaaluu Hundeessaa, a popular singer and activist, Monday has unleashed violent protests in Ethiopia. It has also brought a simmering political crisis to a boil.

Tags: Oil, ISIS, USA, Protests

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