Moderator: 3ne2nr Mods
Numb3r4 wrote:The price was about $20.00-$30.00 US for the tenure of the Panday administration. Still though the PNM administrations have usually governed in time of high(er) prices.
Still though the Panday administration did govern in "harder times" if one is to consider oil prices.
Habit7 wrote:zoom rader wrote:Jah bless UNC for running this country on $9US a barrell.
When has WTI (the oil price index we use) has ever been US$9 under a UNC govt?
zoom rader wrote: The lowest average annual average crude oil price in the US was US$0.49/bbl in 1861 (EIA). Brent hit an all-time low of US$9.10/bbl on 10 December 1998 (EIA).
V2NR 3.0 wrote:How come no one commenting on a proposed review of import duties ? Taxes taxes taxes - typical of a PNM regime.
zoom rader wrote:York wrote:https://research.stlouisfed.org/fred2/series/DCOILWTICO/downloaddata
Maybe Habit7 can learn from this that UNC ran this country on US 9 a barrel without any new or increase taxes on citizens
PNM getting US 50 and and bussin tax with more to come.
zoom rader wrote:V2NR 3.0 wrote:How come no one commenting on a proposed review of import duties ? Taxes taxes taxes - typical of a PNM regime.
I guess we will know when the real tax budget is presented in March 2016.
Meanwhile Habit7 brought some old tax research document to show how we pay little tax in the caricom region. That document was done 2004.
i've heard this talk of US$10 per barrel but in the first UNC gov't it was low, like $15-20 per barrel.SimSimmer69 wrote:zoom rader wrote:York wrote:https://research.stlouisfed.org/fred2/series/DCOILWTICO/downloaddata
Maybe Habit7 can learn from this that UNC ran this country on US 9 a barrel without any new or increase taxes on citizens
PNM getting US 50 and and bussin tax with more to come.
When was oil $9/barrel? Can you send us the link?
Habit7 wrote:Habit7 wrote:zoom rader wrote:Jah bless UNC for running this country on $9US a barrell.
When has WTI (the oil price index we use) has ever been US$9 under a UNC govt?zoom rader wrote: The lowest average annual average crude oil price in the US was US$0.49/bbl in 1861 (EIA). Brent hit an all-time low of US$9.10/bbl on 10 December 1998 (EIA).
I too work in the oil and gas sector and a fundamental knowledge of the distinction between WTI prices and Brent prices is what you learn at a very earlier stage.
Even if what Kamla and Moonilal said was true, that fictitiously they were part of a govt that functioned for a couple days with an oil price of $9. When they had their chance to run the country as PM and deputy, in their last year the oil price dropped 60% and they ran up their biggest deficit ever even after plans to reduce it.
York wrote:so due to idol worshippers running the country, the oil price drop by 60%? is that what ur saying?
SimSimmer69 wrote:zoom rader wrote:York wrote:https://research.stlouisfed.org/fred2/series/DCOILWTICO/downloaddata
Maybe Habit7 can learn from this that UNC ran this country on US 9 a barrel without any new or increase taxes on citizens
PNM getting US 50 and and bussin tax with more to come.
When was oil $9/barrel? Can you send us the link?
Numb3r4 wrote:Anybody get why Sturges is putting Stuart Young before the Parliament Privileges Committee?
toyota2nr wrote:So this thread dead now....this government will have zero achievements
Habit7 wrote:The budget has to pass for them to fund their achievements.
1UZFE wrote:Its only been over 1 mth. They need time to settle.
zoom rader wrote:Habit7 wrote:The budget has to pass for them to fund their achievements.
Which budget it have two, the doubles one at present and the real one in March 2016 with buss neck taxes
1UZFE wrote:Its only been over 1 mth. They need time to settle.
Return to “Ole talk and more Ole talk”
Users browsing this forum: No registered users and 63 guests