Natural gas at 10-year low.
Warm U.S. Winter Whacks Natural Gas To 10-Year Lows -- Of all the energy commodities, there's no question that weather dovetails the most with the U.S. natural gas market. Currently, the U.S. natural gas market is sitting near $2.50 per million British thermal units (MMBtu), close to the bottom of a 10-year price chart. This is primarily due to the combination of one of the warmest winters seen in the U.S. in decades coupled with several years of non-stop drilling in prolific natural gas shale areas. These events have created a massive glut of the home heating and industrial fuel. While there could still be additional near-term downside ahead for natural gas futures prices, the longer-term horizon suggests that natural gas could offer one of the most remarkable and golden opportunities seen in many years.
I'm seeing visions of game farms for all those wild pheasants in downtown Detroit??
Surplus Surprises Michigan, but Is It Safe to Spend Again? -- Over most of the past decade, budget deliberations in Michigan have taken on a glum and familiar monotony: What do we cut now? But the state that experienced an economic downturn earlier, deeper and longer than most of the rest of the country has made an unlikely discovery as its officials closed out its latest financial books: Michigan has a $457 million surplus.
Poor Cameroon. Harvard wants its hallowed halls back...
Harvard wants U.S. Marshals to evict Cameroon from embassy in Washington -- The government of Cameroon is illegally squatting in its embassy property in the nation's capital and should be evicted by federal marshals, according to a lawsuit filed in federal court Tuesday. Harvard University, which owns the property, wants a federal judge to order the U.S. Marshals Service to remove the African nation's embassy after nearly two years there. The lease ended a week ago, but Cameroon's embassy has yet to leave and "has not provided any indication of when it will vacate," court documents say. The embassy's website still lists the disputed property as its address.
Sorry guys, had to let some Fashion Week sneak through. Verifying your model supply is up to corporate standards??
Checking Models' IDs at the Door -- And yet, season after season, we still see models who appear to be dangerously thin or, here at the beginning of another New York Fashion Week, models who are as young as 14, even though designers and modeling agencies have pledged not to cast girls younger than 16 in the shows. If you believe them. Assessing the impact of a campaign to curb reckless behavior in their industry, Diane Von Furstenberg, the president of the Council of Fashion Designers of America, said this week that some progress had been made but that much work remained to be done.