Disclaimer: this is not an investment site. Do not make any investment decisions based on what you read here or what you think you may have read here. I have never invested or traded in AAPL: never have, never will. But it's a fun company to follow. And I am Apple Fanboy #3. And currently "padless."
Active rigs: 184
RBN Energy: natural gas prices held in check by abundant supplies
The CME natural gas futures market has been trading in a narrow 40 cent range between $3.40/MMBtu and $3.80/MMBtu since the end of the summer. The onset of winter and the first storage withdrawals last week (according to EIA) have done little to jump start prices. The prompt Henry Hub futures market closed at $3.702 yesterday (November 21, 2013). The dominating story remains increased supply from new production. Today we look at how supplies are weighing on spot prices and futures market speculation.
The Wall Street Journal
Senate Dems change the rules; will pack the courts.
Doctor's fees get slashed under ObamaCare. One can see how this will play out; it's not rocket science.
Reported previously: California called Obama's bluff. "No" on the rollback.
You have got to be kidding: colleges no longer generate enough tuition to keep up with inflation. What inflation?
Nearly half of the nation's colleges and universities are no longer generating enough tuition revenue to keep pace with inflation, highlighting the acceleration of a downward spiral that began as the recession ended, according to a new survey by Moody's Investors Service.
The survey of nearly 300 schools reflects a cycle of disinvestment and falling enrollment that places a growing number at risk. While schools for two decades were seeing rising enrollments and routine increases of 5% to 8% in net tuition, many now are facing grimmer prospects: a shrinking pool of high-school graduates, depressed family incomes and precarious job prospects after college.The musician behind the Coen Brothers music: T Bone Burnett.
Filmmakers Joel and Ethan Coen made one of their biggest contributions to the music world indirectly, with their movie about a slacker and serious weed smoker named the Dude.
"Musicians perceive the Coen brothers reverently just for 'The Big Lebowski,' " says T Bone Burnett, an eminently connected music producer who oversaw the 1998 soundtrack. "That movie has been a staple on tour buses for decades."
Since then, Mr. Burnett has become the conduit for the Coens' more direct impact on the music business.
For the coming film, "Inside Llewyn Davis," set in the New York folk scene of the early 1960s, Mr. Burnett assembled a murderers' row of performers with a reverence for roots music. Justin Timberlake acts and sings in the movie, and Marcus Mumford (of top-selling band Mumford & Sons) helped oversee the music. Many of those involved, including Joan Baez, Elvis Costello and Jack White, aren't even on the soundtrack; they were recruited by Mr. Burnett for a related star-heavy concert revue.
The project also showcases artists more accustomed to working the music industry's margins. With the "Llewyn Davis" soundtrack, which also spawned a concert film (due next month on Showtime), the Coens are expanding on a blueprint they created with the 2000 film "O Brother, Where Art Thou?" That soundtrack, a survey of rawboned country music and bluegrass, was a surprise smash. It won the top Grammy award, sold 8 million copies and spun off an all-star concert tour, which was documented on a DVD and a live album that also won a Grammy.
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Elsewhere
Why I love blogging. Had I not blogged, I would never have know about methane hydrates. Rigzone is reporting that DOE is expanding research on methane hydrates, funding seven universities, including University of Texas.
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