Could $1 Stock Be Sitting on a Billion-Dollar Discovery?

This $1 stock has already made its mark with a listing on the prestigious NYSE. Now, it's sitting on prime land in one of America's richest gold districts, with the potential for a billion-dollar discovery. For savvy investors, this may be a $1 "Golden Ticket" to massive returns.

US to tighten restrictions on energy development to protect struggling sage grouse

MATTHEW BROWN
November 08, 2024

BILLINGS, Mont. (AP) -- President Joe Biden's administration on Friday proposed tighter restrictions on oil, solar and wind energy development across more than 6,500 square miles of federal land in the U.S. West to protect a declining bird species.

However, it is doubtful the changes would survive under President-elect Donald Trump.

Greater sage grouse -- chicken-sized birds known for an elaborate mating ritual-- were once found across much of the U.S. West. Their numbers plummeted in recent decades because of energy exploration, wildfires, disease and other pressures.

A 2015 agreement shepherded by the Obama administration kept the birds off the endangered species list, by imposing limits on where and when development could occur across their 270,000-square mile range.

Now officials with the Interior Department want to make the protections even stronger. Their plan would eliminate loopholes that allowed development in areas considered crucial to the bird's long-term survival. New solar and wind projects would be excluded, and oil and gas exploration could only occur from drilling platforms located outside the protected areas.

Trump has pushed to open more public lands to energy development in line with his mantra to "drill baby drill." During his first administration, officials attempted to scale back the Obama-era sage grouse protections, but they were blocked in court.

Interior Secretary Deb Haaland said Friday's proposal would boost sage grouse while allowing development on some government lands to continue. She said the plan was based on the best science to protect the bird.

"For too long, a false choice has been presented for land management that aims to pit development against conservation," Haaland said in a statement.

Yet the agency's attempt to find a middle ground fell flat with environmentalists, industry representatives and Republican elected officials.

Most of the land at issue -- about 4,700 square miles -- is in Nevada and California, according to government documents. Affected parcels also are in Wyoming, Oregon, Idaho, Colorado, Montana and the Dakotas.

Wyoming Gov. Mark Gordon lamented what he called the administration's "extreme indifference" to his state. The Republican governor said new layers of federal regulation would hinder practical solutions for the grouse.

"We have shown how to successfully manage this bird and do so in a way that allows for protection of core habitat alongside responsible development," Gordon said.

Environmentalists, meanwhile, said officials had squandered a chance to put in place meaningful protections that could halt the grouse's slow spiral towards extinction. They noted that loopholes allowing development would remain in place across nearly 50,000 square miles of public lands.

"It's death by a thousands cuts," said Greta Anderson with Western Watersheds Project, an environmental group involved in previous sage grouse lawsuits. "The Biden administration could have stopped the cutting, and it didn't. The fact that it's less bad doesn't mean it's not bad."

Federal officials predicted only minimal economic impacts. They said energy companies already steer clear of sage grouse habitat, where there are limits on when and where work can be done near breeding areas. Those companies can still find opportunities on other public lands, the officials said.

That was disputed by an energy industry representative. Kathleen Sgamma with the Western Energy Alliance said the Biden administration already had limited leasing in sage grouse habitat.

"So they've denied access and then say companies are avoiding them anyway," Sgamma said. "That's disingenuous."

The Interior Department's Bureau of Land Management will accept protests against Friday's proposal until Dec. 9. Final decisions on changes to the agency's land management plans will be made after the protests are resolved.

A related proposal to help sage grouse would block for 20 years new mining projects on more than 15,625 square miles in Idaho, Montana, Nevada, Oregon, Utah and Wyoming. That proposal was part of the 2015 Obama-era protections. It was canceled under Trump then restored by a court.

An analysis of the mining ban will be published by the end of the year, according to the Interior Department.

Greater sage grouse once numbered in the millions across all or portions of 11 Western states. Populations have dropped 65% since 1986, according to government scientists.

Continue Reading...

Popular

Dave Ramsey Doesn't Mess Around With Bitcoin Or Gold, Says 'I Have Three Investments' — Here's What They Are

Personal finance expert Dave Ramsey has long dismissed crypto, gold and single-stock investing, calling them risky distractions — but new research shows that his disciplined mutual fund approach may have cost him market-beating returns.

Trump approves Alaska mining road to boost copper, zinc production

WASHINGTON (AP) — President Donald Trump on Monday ordered approval of a proposed 211-mile road through an Alaska wilderness to allow mining of copper, cobalt, gold and other minerals.

Central Banks Demand More Gold - This $1 Firm Could Supply It - Ad

This tiny company is currently sitting on one of America's largest deposits of gold... land that was hidden away from the public for over 60 years. With Central Banks demanding gold to combat inflation - miners like this one show huge potential for investors

Trump administration puts on hold $18 billion in funding for New York City infrastructure projects

WASHINGTON (AP) — President Donald Trump's administration said Wednesday it was putting a hold on roughly $18 billion to fund beneath the Hudson River between New York City and New Jersey and the city's expanded project because of .

EPAM Joins Oracle To Boost AI And Cloud For Businesses

EPAM deepens partnership with Oracle to help companies in various sectors adopt OCI and AI services, leveraging their expertise.

Elon's $25 Trillion Confession - Ad

Elon Musk: "Tesla will become a $25 trillion company." That would make Tesla 8x bigger than Apple today. How is that possible? He admits it's all thanks to this one AI breakthrough that will take AI out of our computer screens and manifest a 250x boom here in the real world.

Nvidia's Value Reaches $4.6 Trillion, Bitcoin Eyes $120,000: What's Moving Markets Thursday?

On the second day of the U.S. government shutdown, Wall Street remains largely subdued, with indexes showing only slight midday declines after touching fresh record highs at the open.

Ethereum Crashes To $4,100 As Senate Democrats Take Aim At DeFi

Ethereum (CRYPTO: ETH) is trading near $4,100 on Friday, after a sharp selloff that followed its rejection from $4,700 and renewed fears of U.S.

Nvidia CEO Makes First Ever Tesla Announcement - Ad

While Tesla's car sales slump, Nvidia's CEO says Tesla could lead a multi-trillion-dollar AI revolution. He's backing what's being called "Manifested AI" - a 25,000% growth market. And one tiny stock, 168x smaller than Nvidia, could be your way in before the world catches on.

Ken Griffin Slams Trump's 'Anti-American' And 'Nauseating' Tariff Policy: 'There's Only One Way This Game Ends'

Ken Griffin, a former supporter of President Donald Trump has publicly criticized the President’s tariff policy, calling it “anti-American.”

Here's How Much You Would Have Made Owning United Rentals Stock In The Last 20 Years

United Rentals (NYSE: URI) has outperformed the market over the past 20 years by 12.61% on an annualized basis producing an average annual return of 21.43%. Currently, United Rentals has a market capitalization of $59.92 billion.

[Revealed] Trump's Next AI Executive Orders? - Ad

A White House insider with direct ties to Trump's inner circle just revealed what he calls "Manhattan II" - a potential $2.2 trillion AI initiative set to launch as soon as Oct 15. He says this could mirror past U.S. projects that minted fortunes - with small firms soaring 5,000% to 10,000% over two decades. And now he's giving away his #1 stock pick for free before the deadline.

Ondas Holdings Stock Is Hitting New 52-Week Highs Today: Here's Why

Shares of Ondas Holdings Inc. (NASDAQ: ONDS) are soaring Thursday after the autonomous drone infrastructure company said it placed a significant purchase order.

October 16: D-Day For The Dollar - Ad

A quiet shift in U.S. law has just authorized private companies to mint a new form of government-authorized money called the "Dollar 2.0"... and the next major mint hits on October 16. Investors who make the right moves before then could make up to 40X by 2032...

Mystery drone sightings reported over critical infrastructure in northern Germany

BERLIN (AP) — German authorities are investigating claims that unidentified may have spied on critical infrastructure in the northern state of Schleswig-Holstein, officials said Wednesday.

OpenAI's $850 Billion Build-Out Needs Power Of 17 Nuclear Plants — Or 9 Hoover Dams

OpenAI has plans for an enormous $850 billion expansion, constructing data centers that will require as much energy as 17 nuclear facilities to fulfill the explosive demand for AI tools. 

Elon's New Device Could Launch Biggest IPO of the Decade - Ad

Elon Musk's new device is being called a "game-changer"-and even the White House is using this tech. Jeff Brown says it could launch Musk's next trillion-dollar company and make early investors rich. You can claim a stake now for as little as $500.

Here's How Much $100 Invested In CrowdStrike Holdings 5 Years Ago Would Be Worth Today

CrowdStrike Holdings (NASDAQ: CRWD) has outperformed the market over the past 5 years by 13.93% on an annualized basis producing an average annual return of 28.7%. Currently, CrowdStrike Holdings has a market capitalization of $120.96 billion.

Eric Trump Repeats His $1 Million Prediction For Bitcoin, Foresees An 'Unbelievable' Q4 For Crypto

Eric Trump, the executive vice president of The Trump Organization, expressed his optimism about the future of cryptocurrencies in an interview aired Friday, predicting a surge in the fourth quarter.

Trump's Radical Plans for the Dollar - Ad

The Fed just slashed rates... yet mortgages have already soared higher. Meanwhile, Trump has his own plan for the dollar - a radical upgrade to our currency, already moving more money than Visa and Mastercard combined. Tech investor Eric Wade calls it the "Smart Dollar."

What You Need to Know About Annuities

Retirement researchers are often enthusiastic about annuities, but many consumers are reasonably skeptical. Here to discuss basic information about annuities and their pros and cons is Christine Benz, Morningstar’s director of personal finance and retirement planning.

CSX railroad replaces CEO after investor pressure and poor performance as Union Pacific merger looms

CSX railroad announced Monday that it had replaced its CEO less than two months after an investment fund urged it to either to better compete with the proposed railroad or fire outgoing CEO Joe Hinrichs.

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as October 23rd.

Tesla Diner Served 50,000 Burgers Last Quarter, While The Company Saved 842 Million Liters Of Gas

Tesla shares stats of its Supercharger locations and its Tesla Diner for the third quarter. A look at some of the surprises and daily rates.

$1000 Invested In Federal Signal 10 Years Ago Would Be Worth This Much Today

Federal Signal (NYSE: FSS) has outperformed the market over the past 10 years by 11.38% on an annualized basis producing an average annual return of 24.51%. Currently, Federal Signal has a market capitalization of $7.47 billion.

Why Is Wall Street Moving Their Money Overnight? - Ad

Something far more consequential for your money than tariffs is unfolding behind the scenes... Tucked inside this overlooked directive is a plan set to be executed for the first time in in U.S. history. One Stansberry Research's Senior Partner says it's set to trigger a rare window for potentially explosive gains in ONE asset immediately. (Not AI or crypto). Wall Street insiders are already positioning themselves... and he insists you should, too, before it's too late.

First Brands founder resigns amid accounting scandal and billions in missing funds

The founder and CEO of First Brands resigned Monday, weeks after the auto parts supplier filed for bankruptcy protection amid an accounting scandal that has left lenders scrambling for more than $2 billion in missing funds.

12 Health Care Stocks Moving In Monday's Intraday Session

Gainers cbdMD (AMEX:YCBD) shares rose 116.3% to $1.35 during Monday's regular session. The company's market cap stands at $5.5 million. Zura Bio (NASDAQ: ZURA) stock moved upwards by 42.94% to $3.44. The company's market cap stands at $156.6 million.

Could $1 Stock Be Sitting on a Billion-Dollar Discovery? - Ad

This $1 stock has already made its mark with a listing on the prestigious NYSE. Now, it's sitting on prime land in one of America's richest gold districts, with the potential for a billion-dollar discovery. For savvy investors, this may be a $1 "Golden Ticket" to massive returns.

$1000 Invested In Alnylam Pharmaceuticals 5 Years Ago Would Be Worth This Much Today

Alnylam Pharmaceuticals (NASDAQ: ALNY) has outperformed the market over the past 5 years by 10.45% on an annualized basis producing an average annual return of 25.22%. Currently, Alnylam Pharmaceuticals has a market capitalization of $57.78 billion.

Hungary's Orbán tells Trump that dropping Russian energy would bring economy 'to its knees'

BUDAPEST, Hungary (AP) — Hungarian Prime Minister Viktor Orbán said Friday that Hungary will continue to source fossil fuels from Russia despite demands from his ally U.S. President Donald Trump, and that he'd informed the president that dropping Russian energy would be a “disaster” for Hungary's economy.

Central Banks Demand More Gold - This $1 Firm Could Supply It - Ad

This tiny company is currently sitting on one of America's largest deposits of gold... land that was hidden away from the public for over 60 years. With Central Banks demanding gold to combat inflation - miners like this one show huge potential for investors

China shows no sign of backing down while issuing call for US to withdraw tariff threat

BANGKOK (AP) — China did not back down Monday in a back-and-forth with the U.S. over trade, calling for U.S. President Donald Trump to withdraw his latest threat of a 100% tariff and other export control measures announced over the weekend.

Elon's $25 Trillion Confession - Ad

Elon Musk: "Tesla will become a $25 trillion company." That would make Tesla 8x bigger than Apple today. How is that possible? He admits it's all thanks to this one AI breakthrough that will take AI out of our computer screens and manifest a 250x boom here in the real world.

12 Consumer Discretionary Stocks Moving In Thursday's Intraday Session

Gainers Robo.ai (NASDAQ: AIIO) shares rose 30.0% to $2.64 during Thursday's regular session. The market value of their outstanding shares is at $685.3 million.

Nvidia CEO Makes First Ever Tesla Announcement - Ad

While Tesla's car sales slump, Nvidia's CEO says Tesla could lead a multi-trillion-dollar AI revolution. He's backing what's being called "Manifested AI" - a 25,000% growth market. And one tiny stock, 168x smaller than Nvidia, could be your way in before the world catches on.

Charlie Kirk's Company Takes On Comcast, NFL With Its Own Super Bowl Halftime Show

Super Bowl LX could be turning political with conservative organization Turning Point USA planning its own halftime show broadcast.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright markethundred.com
Privacy Policy | Terms of Service