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Education Reform

civil liberties 460While we acknowledge the equal protection clause under the Fourteenth Amendment which provides access to free public elementary and secondary school education for all US citizens and legal residents, we are also proponents of school choice and educational vouchers. Geography should not be destiny. The funding should follow the child. Parents should have the ability to select the best educational option for their children including traditional public, public charter, parochial, private or home school.

In The News

2024 05 30 04 59 34 H569JV

OPEC+ Could Jolt Oil Higher, Confounding Bearish Speculators

OPEC+ Could Jolt Oil Higher, Confounding Bearish Speculators Authored by Grant Smith via Bloomberg, Bearish oil speculators have been out in force this month, building up their biggest short position in Brent since the depths of the pandemic in late 2020. But with a busy agenda of OPEC+ news scheduled for this weekend, history suggests that they should probably tread carefully, as the alliance could jolt prices higher. The OPEC+ ministerial meeting is due June 2, when Saudi Arabia and its partners are widely expected to prolong roughly 2 million barrels-a-day of output curbs into the second half. While this news is largely priced in already, confirmation of the decision can always give futures some extra lift. The other likely fixture is that the kingdom looks set to formally launch a secondary offering of shares in state champion Aramco, in a deal that could raise more than $10 billion. While there may be no direct link with the OPEC+ decision, it’s hard to imagine the world’s top crude exporter taking steps to undermine prices while the share sale is taking place. Then there’s the possibility, flagged by veteran analyst Paul Horsnell at Standard Chartered, that OPEC+ could augment its extension with an additional “twist” — some subtle tweaks to the length or volume of the supply curbs in order to scare off those short-sellers. Speculative bearish bets have reached the kind of levels that Riyadh has chosen to repel in the past. Just last year, when Brent shorts were heading towards 100,000 contracts — lower than current levels — Riyadh led a new wave of supply curbs specifically aimed at punishing bearish speculators. If the OPEC+ extension is agreed as expected, crude traders will quickly turn their attention to what it means for global oil market balances in the second half. International Energy Agency data indicates the curbs would

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