united states

businessHope For Renewed Talks on China-US Trade Deal

President Xi and President Trump will talk about trade at the G-20 summit in Japan and the trade negotiation teams will restart talks prior to the meeting. This does not mean there will be a deal but there will be …

air pollutionCoal, Oil And Gas Subsidies Are $5 Trillion Per Year Because of Uncharged Air Pollution

Subsidies – Biggest subsidies are for not charging oil, gas, and coal for air pollution and environmental damage. Next biggest bucket is various forms of tax incentives. Then direct spending and research. A lot of the recent nuclear research is …

artificial intelligenceSenate AI Bill for $2.2 Billion for a Five Year National AI Strategy

the US has a bipartisan senate bill – Artificial Intelligence Initiative Act (AI-IA), which would organize a coordinated national strategy for developing AI and provide a $2.2 billion federal investment over five years to build an AI-ready workforce, accelerating the …

artificial intelligenceTuSimple Testing Self-Driving Trucks for US Postal Service

uSimple self-driving trucks is starting a short pilot program with the US Postal Service. They will complete five round trips between Phoenix and Dallas using autonomous semis operated by TuSimple. Letters and packages moving between Phoenix and Dallas will travel …

chinaChina Navy Versus the US Navy Now and Through 2030

China’s Navy now outnumbers the US Navy by 300 ships to 287 ship. The US ships are still much larger and more powerful and about 100 of China’s ships are coastal frigates and corvettes. The frigates and corvettes are really …

cubaCuba, Venezuela and Iran Oil Problems Under US Sanctions

Iran dropped 154,000 bpd to 2.554 million bpd in April. Iraq dropped 113,000 bpd to 4.63 million bpd. Saudi Arabia had 45,000 bpd less oil in April at 9.742 million bpd. Venezuela had a slight increase of 28,000 bpd to …

businessChina’s Plans to Match US Economic and Tech Power and Vie for Economic Influence

China continues to move ahead on military modernization. China is on track to have per capita income at about 25% of US levels in 2030 which would be at about the level of Eastern Europe. The richest areas like Shanghai, …

energyIn 2025 the USA Could Produce More Oil Than Saudi Arabia and Russia Combined

The US Energy Information Agency Annual Energy Outlook high projection for oil and natural gas liquids would be 24 million barrels per day by 2025. Russia and Saudi Arabia should have combined production of about 20-24 million barrels per day.