PeakTrader.com

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PeakTrader:

I stated before, there are three unusual factors about natural gas:

1. The price differences are huge, e.g. twice as high in Europe and three times higher in Japan.
2. It has to be converted into liquefied natural gas for export, which seems to be expensive.
3. It’s a “residual good” for many oil producers, which implies supply is relatively inelastic, i.e. a higher price may not increase supply much.

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“Costs of liquefaction can range from $1.50 to $2.00 per mcf…Shipping costs can vary from $0.30 to $0.90 per mcf.

Regasification…converting LNG from a liquid back to a gas so that it can be moved through the domestic natural gas pipeline transportation network...can add $0.30 per mcf to the cost of LNG. Thermal energy (heat) is required to regasify the LNG.

Total costs of liquefaction, shipping and regasification could add up to $2.10 per mcf on the low end to $3.20 per mcf on the high end. Add to this the base cost of the natural gas commodity, currently around $3.00 per mcf in the US. Bringing the total cost of delivering US produced LNG to Europe or Asia to $5.00 to $6.00 per mcf.

To put this in perspective, natural gas in the UK is currently trading around $8.00 per mcf and in excess of $15.00 per mcf in Japan.”

http://extension.psu.edu/natural-resources/natural-gas/news/2012/02/understanding-the-role-of-liquefied-natural-gas-part-1

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PeakTrader

Keystone XL - This is an example how overregulation and red tape slowed U.S. economic growth, even with expansionary fiscal policy and quantitative easing.

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There are always crackpots, who believe tax cuts, government spending, lower interest rates, and higher asset prices don’t stimulate economic growth.

Those same crackpots ignore factors that depress economic growth.

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PeakTrader

It should be noted, women are the ones who have children.

And, they tend to spend much more time raising children.

That, in itself, would cause a huge income gap between men and women.

The question is what, if anything, should be done about that?

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Ken:

It should be noted that men are the ones who spend the bulk of their lives at work, sacrificing family time, so their families don’t have to want for anything.

And they tend to work harder, work longer hours, and spend more years working so their wives don’t have to.

That in and of itself would cause a huge family time gap between men and women, as well as a life expectancy gap. Due to the higher demands placed on men, they have higher blood pressure, higher stress levels poorer eating habits, and poorer exercise habits, which results in lower life expectancy, much higher suicide rates, and much, much higher on the job death rates.

The question is what, if anything, should be done about that?

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PeakTrader:

Even after reading your comment, I still believe in marriage

Your suggestion, i.e. employed men working harder for their wives than employed women for their husbands, may have merit.

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Edward Bartlett:

The author’s physician comparison is specious.

Male MDs tend to cluster in private practice and work longer hours. Female MDs love to work at HMOs with set hours and schedules.

Male MDs also gravitate to the surgical specialties which are higher paid than pediatrics and family practice.

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PeakTrader:

“Female staffers are paid less than 87 cents for every dollar paid to men.”

Maybe, female staffers work less than 87 hours for every 100 hours worked by men.

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MP: The White House reports annual salaries for employees, which are likely paid regardless of the exact number of hours worked. Oh, and are we supposed to control for factors like hours worked? All we ever hear from Obama and the feminists is that women earn 77 cents on AVERAGE for every dollar paid to men, ON AVERAGE.

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PeakTrader:

Well, I agree, we need to take other factors into account, e.g. differences in senior positions or experience.

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Buddy:

I hereby call on the White House to close their gender pay gap, by having the female staffers work those additional eight weeks — which could eliminate the hours worked gap.

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PeakTrader:

Yes, they can work those additional hours between having babies, breast feeding, and changing diapers.

And, you wonder why women think there’s sexism.

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