Gongol.com Archives: January 2015

Brian Gongol

January 16, 2015

Iowa Gov. Branstad: Iowa needs more people
In his inaugural address, he notes: "Although we are growing as a state, we arenít growing fast enough. Iowa remains the one state in the nation that has not grown by even 50 percent since the 1900 census."

Agriculture Oil's price crash hasn't helped ethanol, but Federal mandates guarantee at least some demand
By 2022, the government will require 36 billion gallons of ethanol and biodiesel to find their way into the fuel supply. Right now, ethanol consumption is about 13 billion gallons and biodiesel is about another billion. The price per gallon of ethanol has to be lower than that for gasoline to meet consumer demand, because it contains about 30% less energy per gallon. So when gasoline prices plunge, it puts extra pressure on the margins for ethanol producers.

News Cubs buy three Wrigleyville rooftops
The team should've done it a long time ago, and placed the controversial digital scoreboards and video boards there instead of messing with the park

Business and Finance Falling gas prices drive inflation to a negative 0.4% rate
That's a meaningful month-over-month drop. Overall, the total inflation from 12 months ago is just +0.8%. Food costs more, and so does medical care. Long-term deflation isn't as good as it sounds on the surface, if it causes people to cut back on economic activity altogether.

Threats and Hazards Pay attention to the Boko Haram in Nigeria
They oppose things like democracy and secular education -- and they're killing hundreds of people in a country that has the potential to grow and be a healthy liberal democracy...but not if it's plagued by terrorism. Satellite photos show how bad the attacks by the group really are. We will come to regret it if we don't pay active attention to what's happening in Africa. 177 million people live in Nigeria -- making it more than half of the size of the United States by population.

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