Recent comments in /f/dataisbeautiful

KikeRiffs t1_j8gnnni wrote

This is a true fact, however you forgot one variable which is affecting less (or maybe none) in New Mexico: Corruption.

Venezuela became a gangster state, the amount of money stolen is unimaginable. Think about the production of oil around 2008-2012 or so… the barrel price hit the 100s and producing at a still high capacity. None if this money was properly invested in the country.

Also Venezuela got into more debt with China in a loan-for-oil style of debt. There might be a big chunk of the daily production of oil just destined to pay that back.

Just to give you another last hint of the massive corruption: since Chavez, the government decided to give subsidised oil to Cuba for “humanitarian” reasons. But there were reports that Cuba was re-selling that oil in conjunction with some Venezuelan politicians as well. Free money!

So yeah, the money that should have been invested properly for a normal market, has been destined to corruption.

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Yeangster t1_j8gmjto wrote

With Aramco, they generally just have to dig a hole in the ground with a shovel and oil comes gushing out. But it is true that the House of Saud has been pretty good at taking care of the goose that lays the golden eggs. Let’s if that stays the case after MBS overturns the old system.

Equinor is more the exception that proves the rule when it comes to national oil companies. They’re even competitive in producing resources outside of Norway!

With both Pemex and PSVSA, you see production collapsing due to a combination of cronyism, corruption, lack of investment, generally too many people with their hands in the pot and lack of foreign competition to keep things honest. PDVSA is even worse off because of nationalizations and all the other problems with the Venezuelan economy.

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Pohara521 t1_j8gl0v1 wrote

I would assume this is sports betting related. Id be curious what state you are in - specifically for 2018. Would be interesting if your state had recently passed online betting prior to that SB. Id love to see what the breakdown looks like on the days of Kentucky derby, Pimlico and Belmont if horse betting is allowed in your state

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amatulic t1_j8gkd3c wrote

I guess China is improving. They're better off than India.

The yellow color in California is likely due to pollution blowing in from China. California has the strictest clean air standards in the nation, but according to a study described in this article, "pollutants from China have caused a 65% increase in the Western Ozone – or, as it’s also referred to, smog. One study shows that 29% of the particulates in smog in San Francisco come directly from China’s coal plants." (The Wall Street Journal article is a better source but that article is behind a paywall.)

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pleetf7 t1_j8gifwa wrote

I think he is implying that assuming the stripper population follows a normal distribution, knowledge of the null hypothesis is likely concentrated in samples several standard deviations above the mean.

Either that or he’s schooling me on how to chat up a stripper. I’m too socially awkward to figure out which is which.

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