Nothing To Do With The Bakken

This has nothing to do with the Bakken but it is an opportunity to remind readers I enjoy following other news around the world.

In this case, Connecticut's state treasurer says the state has one week's worth of cash. I was aware of California, Illinois, and New York in deep fiscal trouble, but I had forgotten about Connecticut.

Back in June of this year, Connecticut, the wealthiest state in the US (based on per capita income) had to borrow $1 billion to cover a cash shortfall; this time it's only half a billion dollars.