Tuesday, January 31, 2023

It's unusual for a Coyote to attack an adult human being

 Mostly they go after dogs and cats or small children. But, unless a Coyote is interbred with a Wolf or something (which is possible by the way) they don't usually go after adults, even women. A wolf by the way doesn't bark at all even though they might howl at the full moon. They also can run backwards (I have seen this myself) they do this to protect their hindquarters from attack. A wolf is almost as smart as most human beings so it isn't a good idea to get on the wrong side of a wolf, especially if this is a wild wolf and not a  domesticated one.

Did the Coyote have rabies? This might be the only reason a coyote might attack an adult human being.

Coyotes in Idaho chasing skiers, 1 woman bitten: Officials

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Tamarin monkeys taken from Dallas Zoo found in closet of abandoned home

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These benefits will disappear when Biden ends the Covid national and public health emergencies in May

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Exxon announced record earnings as profits continue to roll in for Big Oil

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  • Exxon announced record earnings. It's bound to renew scrutiny of Big Oil

    Gas prices are displayed at a Mobil gas station in Los Angeles on Oct. 28, 2022. ExxonMobil posted record earnings in 2022, benefitting from a surge in oil prices.

    Mario Tama/Getty Images

    ExxonMobil earned nearly $56 billion in profit in 2022, setting an annual record not just for itself but for any U.S. or European oil giant.

    Buoyed by high oil prices, rival Chevron also clocked $35 billion in profits for the year, despite a disappointing fourth quarter.

    Energy companies have been reporting blockbuster profits since last year, after Russia's invasion of Ukraine sent oil prices sharply higher.

    "Of course, our results clearly benefited from a favorable market," CEO Darren Woods told analysts, nodding to high crude prices for much of 2022.

    But he also gave his company credit for being able to take advantage of those prices. "We leaned in when others leaned out," he said.

    'More money than God'

    The high profits have also revived perennial conversations about how much profit is too much profit for an oil company — especially as urgency over the need to slow climate change is mounting around the world.

    Exxon's blockbuster earnings, announced Monday, will likely lead to more political pressure from the White House. Last year President Biden called out Exxon for making "more money than God."

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    The White House and Democrats accuse oil companies of hoarding their profits to enrich shareholders, including executives and employees, instead of investing the money in more production to ease prices at the gas pump.

    Last year, between dividends and share buybacks, Exxon returned $30 million to shareholders, while Chevron paid out more than $22 billion. Exxon plans to hold production flat in 2023, while Chevron plans to increase production by 0 to 3%.

    Monster profits are back

    If you do the math, Exxon made some $6.3 million in profit every hour last year — more than $100,000 every minute. That puts Exxon up with the Apples and the Googles of the world, with the kind of extraordinary profits most companies could never dream of earning.

    Or rather, it puts Exxon back up in that rarefied territory. Exxon used to be the largest company in the world, reliably clocking enormous profits.

    ExxonMobil CEO Darren Woods speaks during a press conference in Doha, Qatar, on June 21, 2022. Exxon is facing political heat from the White House, which wants Big Oil to use their profits to increase production further.

    Karim Jaafar/AFP via Getty Images

    In 2020, when the pandemic triggered a crash in oil prices, energy companies took huge losses. Exxon recorded an annual loss of $22 billion, its first loss in decades. It was, humiliatingly, dropped from the Dow Jones.

    A tiny upstart investor group called Engine No. 1 challenged Exxon's management, accusing the company of not moving fast enough to adjust to a world preparing to reduce its use of oil.

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    In this David vs. Goliath showdown, David won the battle, with Engine No. 1's nominees replacing three Exxon board members. But Goliath isn't going anywhere.

    Profits prompt scrutiny, criticism

    Whenever oil companies are thriving, suspicions that they are fundamentally profiteering are not far behind.

    Those accusations have become especially charged because Russia's invasion of Ukraine were central to the drive-up in crude oil prices last year. Europe has imposed windfall taxes on energy companies, clawing back 33% of "surplus profits" from oil and gas companies to redistribute to households.

    Exxon has sued to block that tax, which it estimates would cost around $1.8 billion for 2022.

    President Biden delivers remarks on energy as Secretary of Energy Jennifer Granholm listens during an event in the Roosevelt Room of the White House in Washington, D.C., on Oct. 19, 2022. Biden has threatened oil companies with a "higher tax on their excess profits" and other restrictions if they don't invest their windfall earnings in more production.

    Alex Wong/Getty Images

    Meanwhile, in the U.S., California is considering a similar windfall tax. President Biden has threatened oil companies with a "higher tax on their excess profits" and other restrictions if they don't invest their windfall earnings in more production. But it's unclear whether the administration can follow through on such a threat.

    On Tuesday, the White House issued a statement excoriating oil companies for "choosing to plow those profits into padding the pockets of executives and shareholders."

    Investors, meanwhile, aren't complaining. They continue to pressure companies to return more profits to investors and spend relatively less of it on drilling.

    "Lower-carbon" ambitions

    Both Exxon and Chevron emphasized their carbon footprints in their earnings calls, a major shift from the not-so-distant past, when oil companies uniformly denied, minimized or ignored climate change when talking to investors.

    But their responses to climate change focus on reducing the emissions from oil wells and pipelines, or making investments in "lower-carbon" technologies like hydrogen and carbon capture — not on a rapid transition away from fossil fuels, as climate advocates say is essential.

    11 below zero last night in Lake Tahoe

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    Precipitation: 1%
    Humidity: 36%
    Wind: 1 mph
    Lake Tahoe
    Tuesday 7:00 PM
    Partly cloudy
    Mostly cloudy
    Partly cloudy
    Partly cloudy
    Snow showers
    Mostly sunny
    Partly cloudy