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...CU-Boulder, Levine will serve on the chancellor’s executive committee and assume a post that had been vacant since the summer of 2007. According to the Denver Post, he will earn $48,000 more than he did at Harvard: a total yearly salary...
...position, which will entail overseeing 165 employees and a $28 million budget, has consequently been held on an interim basis by current senior vice chancellor and chief financial officer Ric Porreca, according to CU-Boulder spokesman Bronson R. Hilliard...
...those issues are crucial to both Europe and the U.S. Libya's massive reserves include more than 44 billion bbl. of oil and about 53 trillion cu. ft. (1.49 trillion cu. m) of natural gas. Some of that gas is now piped under the Mediterranean to southern Italy - a valuable alternative to the politically unreliable Russian gas supplies, on which Europe is heavily dependent. U.S. officials have previously said that Washington's renewed links with Libya have proved an important source of intelligence; the U.S. dropped its sanctions and resumed diplomatic relations in 2004, after Gaddafi publicly renounced his nuclear...
...though, there is abundant gas and limited capacity for storage. The U.S. is on track to store 3.8 to 4.0 trillion cu. ft. this year. The contiguous U.S. has never put more than 3.6 trillion cu. ft. of gas in storage...
...equivalent position in the October futures contract amounts to over a trillion cu. ft. of gas. Given that the U.S. consumes an average of about 2 trillion cu. ft. of gas per month, UNG's position in the front month - at over half of that month's consumption - seems too large for a purely speculative fund...