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2 days ago NZD/USD fails to hold onto recovery gains from the multi-year low. New Zealand's (NZ) Westpac consumer survey data dropped below prior and average . Previous ArticleAUD/USD Asia Price Forecast: Aussie trading in 

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In 1956, M. King Hubbert created and first used the models behind peak oil to predict that United States oil production would peak between 1965 and 1971. [16] In 1956, Hubbert calculated that the world held an ultimate cumulative of 1.25 trillion barrels, of which 124 billion had already been produced. Technology and economics experts have been pondering the question of when reserves will run dry for 60 years. As far back as the 1950s, geologist Marion King Hubbert predicted that U.S. oil production would peak, which it did in 1970. So he was right — until the large-scale production that began in the mid-2000s Peak oil was most widely popularized by M. King Hubbert, a brilliant—and egotistic, by some accounts—geologist who worked for years at Shell Oil. In a 1956 paper, he predicted that U.S. oil production would peak, probably in the early 1970s, and then decline.

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An economic growth rate is the percentage change in the value of all of the goods and services produced in a nation during a specific period of time, as compared to an earlier period. The economic

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Up to 50% or even 85% of your Social security benefits are taxable if your “ provisional” or total income, as defined by tax law, is above a certain base amount. Note: Supplemental Security Income, or SSI, is a non-taxable needs- based federal benefit. Learn more about AMT rates and get tax answers at H&R Block.

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