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"That announcement was making it appear like he was throwing a bone to the oil industry," said Tricia Curtis, CEO of consultancy PetroNerds, who dismissed the offer. Register now for FREE unlimited access to Reuters.com Register"What if oil does not fall to that price: Do we just keep our reserves low?" U.S. oil prices hit $120 per barrel this year and did not trigger a production boom because of shortages and high costs for labor and equipment, said Hunter Kornfeind, oil market analyst at Rapidan Energy Group. Rebecca Babin, senior energy trader at CIBC Private Wealth, said tight oil supplies have pushed up price expectations into 2024. If the Biden administration wants to boost oil supplies, it "should change its policies around producing more oil and gas in the United States," said Frank Macchiarola, a senior vice president at trade group American Petroleum Institute.

☆ Georgia Secretary of State Brad Raffensperger's wife told Sen. Kelly Loeffler she didn't 'deserve to be in elected office' in text after 2020 election: report
▼ + stars: | 2022-10-20 | by ( Warren Rojas | ) www.businessinsider.com time to read: +3 min

Tricia Raffensperger chastised Kelly Loeffler for endangering her life in 2020 for political gain. The wife of Georgia Secretary of State Brad Raffensperger slammed Loeffler in heated text messages. Loeffler called for Brad Raffensperger’s ouster to further Trump’s 2020 election denial scheme. "I hold you personally responsible for anything that happens to any of my family," Tricia Raffensperger wrote, adding, "You do not deserve to be in elected office." And that's all we did," Brad Raffensperger said.

☆ Startup founders are panicked amid a market meltdown, but most VCs don't want to hear it. 'It's like don't ask, don't tell.'
▼ + stars: | 2022-10-11 | by ( Melia Russell | ) www.businessinsider.com time to read: +12 min

"It's like don't ask, don't tell," Josh Felser, a successful founder and outspoken investor, said. The following report on how startup founders are coping with the funding crunch was originally published on August 4. Seven Seven Six partner Katelin Holloway. Her investor, Seven Seven Six, pays for its founders to participate. Caleb Frankel, whose Seven Seven Six-backed startup, EarlyBird, helps families invest in their kid's financial future, wants desperately to have kids, but he and his wife have struggled with pregnancy loss.

☆ Fights over political lines have fueled the aging of America's government. But that may be changing.
▼ + stars: | 2022-09-25 | by ( Grace Panetta | Walt Hickey | ) www.businessinsider.com time to read: +15 min

Redistricting and fights over political lines have fueled the aging of America's government. Republican Rep. Adam Kinzinger of Illinois outside a January 6 committee hearing on June 13, 2022. Partisan gerrymandering, the redrawing of political district lines to favor one political party over the other, has gotten increasingly tactical. In all, 14 House incumbents lost renomination in 2022, the highest number in a single cycle since 1992. If you're a Democrat in a Republican district, your days are probably numbered."

☆ The Inflation Reduction Act aims to lower drug costs — but here’s how Big Pharma could get around it
▼ + stars: | 2022-09-20 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Berkeley-Lovelace-Jr.Jpg | Berkeley Lovelace Jr. | ) www.nbcnews.com time to read: +7 min

The Inflation Reduction Act is set to lower drug prices for millions of people in the United States — but experts fear pharmaceutical companies could exploit loopholes in the bill, ultimately keeping prescription costs high for many. The tactics may ultimately threaten the law’s ability to lower drug costs for consumers. Higher prices for new drugsOther experts are concerned about how companies might abuse the inflation rebate rule in the health law. The provision, which takes effect next year, imposes a rebate on drug manufacturers that raise the prices of their medications faster than inflation. By releasing new drugs at higher prices, drug companies will be able to make up for any lost revenue that they would normally receive from steadily raising prices each year, she said.

☆ Special elections are confusing, chaotic messes that bleed taxpayers — and could often be avoided if politicians quit before leveling up, flaming out, or dropping dead
▼ + stars: | 2022-09-18 | by ( Grace Panetta | ) www.businessinsider.com time to read: +23 min

Young's death triggered an unprecedented series of three statewide votes — a special primary, a special general election held along with a regular primary, and a regular general election — within five months. The Alaska special election is just one of the more than 120 congressional special elections conducted over the past two decades, an Insider analysis found. Special elections bombard votersSpecial elections routinely attract special attention. Rebecca Blackwell/APIn 2022, special elections are 'a perfect storm of confusion'Special congressional elections are, on balance, less democratic than regular elections. "We knew from the beginning that it would be harder to win a special election," McCready said of his September 2019 special election.

Patient advocates were disappointed with Sunday’s vote — Republican senators blocked the $35 insulin cap for private insurers — and expressed hope that federal and state measures could be included in legislation down the road. Clayton McCook of Edmond, Oklahoma, is among those who support capping the cost of insulin for people with private health insurance. A federal insulin cap for private insurance would have made “a huge difference to our family,” he said. “This year, with an evenly divided Senate, the insulin cap for people with private insurance didn’t secure enough votes,” Neuman said. McCook also advocated for changes besides a cap on insulin costs, saying Congress pass legislation that would lower the list price.

☆ Whoop CFO Tricia Gugler shares how the booming health-tech company uses capital to innovate
▼ + stars: | 2021-12-09 | by ( Lily Katzman | ) www.businessinsider.com time to read: +5 min

CFO Tricia Gugler told Insider about how it's staying disciplined when deploying capital. Whoop said the influx of capital elevated it to one of the most successful stand-alone human-performance companies in the world. The company recently announced the creation of a Women's Performance Collective which supports product development and research around women's performance. Preparing for a future capital structureWhile Whoop isn't publicly traded, Gugler said Whoop would be ready if it chose to go public. "We are very happy being a private company, but do believe WHOOP can be a successful company in the public markets," Gugler said.

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☆ A Celebrity Sweats: It’s Richard Simmons
▼ + stars: | 2009-12-24 | by ( Tricia Romano | ) www.nytimes.com time to read: +1 min

At 61, Mr. Simmons is as American as apple pie and the Big Mac — two things he would no doubt warn you away from eating. But Mr. Simmons is the only one regularly offering classes to the public in his own studio. But Mr. Simmons, who says he is deeply religious, has an almost spiritual connection with his followers. “I don’t have to teach anymore, I don’t have to work anymore, God has been really good to me,” Mr. Simmons said. “It’s a very unusual place — it has a spirit all its own,” Mr. Simmons said of the studio.

Persons: Simmons, Jane Fonda, Toning, Susan Powter, ”, Denise Austin, It’s, Michael Catalano, “, ” Mr, don’t, —, Mr, “ I’ve Organizations: Mac Locations: —, Slimmons

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