- weekly jobless claims drop 2,000 to 214,000
- continuing claims decrease to 7,000 to 1.63 million
- the number of Americans receiving benefits was the lowest in more than 45 years
- hardly seems like any recession on the immediate horizon; maybe I'm missing something
Natural gas shortage projected for Canada: this is a repeat of a story posted a few days ago. See "tag" for other posts, same story.
A natural gas shortage in Canada is expected to last through the winter months, forcing gas users ranging from industrial forces to local governments to seek alternative fuel sources and strategies for slashing consumption and conserving the gas they have. The shortage stems from this month’s pipeline explosion near Prince George, British Columbia.
In the aftermath of the explosion, FortisBC, one of British Columbia's largest utilities, says that their supply of natural gas will be reduced by a whopping 50 to 80 percent throughout the coldest months of the year. This sudden squeeze will necessitate a lot of unforeseen expenditures on alternative fuel sources. This is a cost that will be passed directly onto consumers, affecting everything from the price of gas and heating to even the price of vegetables, among other subsequent price hikes.Disclaimer: this is not an investment site. Do not make any investment, financial, job, travel, or relationship decisions based on anything you read here or think you may have read here.
AAPL: to report after market close today.
XLNX: after all the commotion these past few weeks, I completely forgot about XLNX -- hit a new high yesterday, I believe. Regardless, up a little today and trading at a new high.