“This edition of the Short-Term Energy Outlook is the first to include forecasts for 2013. EIA expects the price of West Texas Intermediate (WTI) crude oil to average about $100 per barrel in 2012, $5 per barrel higher than the average price last year. For 2013, EIA expects WTI prices to continue to rise, reaching $106 per barrel in the fourth quarter of next year. EIAs forecast assumes that U.S. real gross domestic product (GDP) grows by 1.8 percent in 2012 and 2.5 percent in 2013, while world real GDP (weighted by oil consumption) grows by 2.9 percent and 3.8 percent in 2012 and 2013, respectively.”
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Daily Archives: January 10, 2012
CBO – Raising the Ages of Eligibility for Medicare and Social Security
Raising the Ages of Eligibility for Medicare and Social Security: “Raising the ages at which people can collect Medicare and Social Security would reduce federal spending and increase federal revenues by inducing some people to work longer. However, raising the eligibility ages for those programs also would reduce people’s lifetime Social Security benefits and cause… Continue Reading
BLS: County Employment and Wages Second Quarter 2011
News release: “From June 2010 to June 2011, employment increased in 215 of the 322 largest U.S. counties, the U.S. Bureau of Labor Statistics reported today. Ottawa, Mich., posted the largest increase, with a gain of 4.7 percent over the year, compared with national job growth of 0.9 percent. Within Ottawa, the largest employment increase… Continue Reading
BLS – Job Openings and Labor Turnover November 2011
News release: “There were 3.2 million job openings on the last business day of November, the U.S. Bureau of Labor Statistics reported today. The hires rate (3.2 percent) and separations rate (3.0 percent) were little changed over the month. The job openings rate has trended upward since the end of the recession in June 2009.… Continue Reading
HHS – Draft Framework for the National Plan to Address Alzheimer's Disease
Draft Framework for the National Plan to Address Alzheimer’s “Research continues to expand our understanding of the causes of, treatments for, and prevention of Alzheimers disease. Basic research elucidates the molecular and cellular process underlying AD, allowing the identification of potential targets for intervention. Through the drug development process and the translation of behavioral interventions,… Continue Reading
Reserve Bank income and expense data and transfers to the Treasury for 2011
News release: “The Federal Reserve Board on Tuesday announced preliminary unaudited results indicating that the Reserve Banks provided for payments of approximately $76.9 billion of their estimated 2011 net income to the U.S. Treasury. Under the Board’s policy, the residual earnings of each Federal Reserve Bank, after providing for the costs of operations, payment of… Continue Reading
CRS – National Infrastructure Bank: Overview and Current Legislation
National Infrastructure Bank: Overview and Current Legislation, December 14, 2011. “Several bills to establish a national infrastructure bank have been introduced in the 112th Congress. This report examines three such bills, the Building and Upgrading Infrastructure for Long-Term Development Act (S. 652), the American Infrastructure Investment Fund Act of 2011 (S. 936), and the National… Continue Reading
CMS: National Health Expenditures 2010 Highlights
News release: “U.S. health care spending grew 3.9 percent in 2010 following record slow growth of 3.8 percent in 2009; the two slowest rates of growth in the fifty-one year history of the National Health Expenditure Accounts. Total health expenditures reached $2.6 trillion, which translates to $8,402 per person or 17.9 percent of the nations… Continue Reading
Evaluation Report-U.S. Fish and Wildlife Service Conservation Easement Monitoring and Enforcement
U.S. Fish and Wildlife Service Conservation Easement Enforcement and Monitoring, January 9, 2012 “OIG conducted an evaluation to determine if FWS is protecting conservation easements through adequate monitoring and enforcement. Overall, we found that FWS is not effectively monitoring is large inventory of conservation easements. FWS derives substantial benefits for wildlife from the acquisition of… Continue Reading
Atlantic – The Very Real Danger of Genetically Modified Foods
Ari LeVaux: “Chinese researchers have found small pieces of ribonucleic acid (RNA) in the blood and organs of humans who eat rice. The Nanjing University-based team showed that this genetic material will bind to proteins in human liver cells and influence the uptake of cholesterol from the blood. The type of RNA in question is… Continue Reading
CRS – U.S. Unmanned Aerial Systems
U.S. Unmanned Aerial Systems, Jeremiah Gertler, Specialist in Military Aviation, January 3, 2012 via Wired Danger Room “…reflecting the growing awareness and support in Congress and the Department of Defense for UAS (unmanned aerial systems), investments in unmanned aerial vehicles have been increasing every year. DOD spending on UAS has increased from $284 million in… Continue Reading
