They are not the same people dedicated to producing the light, sweet crude thats produced in the oil sector, for the most part. So if you offer discounts to asian consumers at large so that they become beholden to your type of oil and they build refineries specifically dedicated troo processing your type of oil its going to be harder for them to switch to somebody elses oil down the line. So it makes sense to keep the price a bit lower right now so that asian consumers build up refinery capacity for medium and heavy sour sulphur rich, saudi type oil, and you try and guarantee your market down the road when you will be putting on the brakes and sending prices back up. Okay, this is kind of thinking about the supply and demand side of the market, but there are other factors that we need to think about that i think people dont often like to consider. And that is that the saudis, the qataris and their friends in the gulf on the sunni side of the aisle have created a monster. By funding rad
Obama, since obama has been in office. As a committee there are particular things. I think that of course the administration gave an adequate support in different times ofti the past two or three years but maybe just put it in contextfo uncomfortable for us and not what we were advocating for with the state department and others in thest United States. But this wasnt fortunately a moment where lives were at stake and as would be seen by the rest of the world as a top issue for American Foreign policy or given all the other things going on. So i agree with you that the sort of language they use on several occasions was unhelpful, didnt go as far as we would have liked. W i am not sure whether it ranged alongside some of the things we discussing today for the Foreign Policy issue betweev them. One of the things with the two countries working sidebyside with iraq inquiry by this committee and the housing inquiry and currently it taken Something Like four years. We are beginning to emerge
An audible conversations [inaudible conversations] we are going to find a seat and allow us to get started. We will try to do it on time. Good afternoon. My name is ed howard with the alliance for Health Reform. On behalf of senator bond and senator rockefeller, we want to welcome you to this program to take a look at the initial almost eight weeks of experience since the marketplaces or exchange is open for business on october 1. And the major pieces of implementation of the Affordable Care act began taking shape. We want to recognize our partners in this enterprise. The Commonwealth Fund, which is almost four baby just over 100yearsold on the washingtonbased philanthropy devoted to the common good. You will be hearing from Sarah Collins of commonwealth in just a moment. This program is important because we want to go to give you as much information as we can, and to put every piece of data that you have seen into the perspective particularly from the perspective of folks who are actu
Report, and all in the financial being and making ends meet. Savings is lower down on the scale, but were helping people put together budgets so they have a monthly plan where they can pay their bills and also hopefully save. We do we have developed a Financial Wellness strategy called the thin fit challenge where we give people points and prizes in the workplace like the Wellness Programs today. I think this is in the future, the third leg of the stool. Weve been focused on green energy to address our abuse of natural resources. Weve focused on Health Wellness because of our bad lifestyle habits in america, and now we have to be focused on Financial Wellness. Its going to be something that were all going to have to participate in. I think my time is up. Please, we have time for just a couple questions, i think. I was wondering what kind of services do people resort to, and have you made end roads, particularly, you know, with the new Consumer Protection Financial Bureau at the federal
Were concerned about problems nd its puzzling to me why these key people didnt talk to you about it. They gave you no hint this is existed . Perhaps i just was not included in certain discussions. What you knew then have spoken ld you up more with regard to rolling out the website on october 1 . Luxury of a ad the time machine to go back and change things, but i cant do that. I understand that. It is a matter did you ask someone at that time for more time . No. Why not . Because my direction was from . Tavner was to n deliver a system on october 1. So marilyn said deliver october 1. Briefingsen in on the from mckenzie that said there were serious problems. Them, i n two of believe. And this was hhs headquarters on april 4. Also in the and Eisenhower Executive Office building on april 6. Briefing the problems. Move it for october 1. Charge of man in making this work, she didnt problems hat those existed . Is that what youre saying today. Told you or didnt tell you . Just curious. I dont