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...This in turn has made many drilling operations unprofitable. The number of natural gas rigs operating in the U.S. has fallen well over 50% in the past year, according to EIA data. Because a given well's output decreases over time, producers need to drill new wells continually to keep up production. Thus, the falling rig count raises concern about the longer-term-supply outlook...

Author: /time Magazine | Title: As Oil Explodes, Why Natural Gas Prices Stay Low | 8/27/2009 | See Source »

...blunt the epidemic by decreasing the spread of virus. If people understand that they can mitigate the epidemic by washing their hands and staying home when they are sick, it means the peak of disease will occur later, when there is more vaccine available." That could also help to keep the impact of H1N1-on the health care system, on families and on the economy in the form of fewer sick days-to a minimum...

Author: /time Magazine | Title: Behind the Unproven H1N1 Flu Vaccine | 8/26/2009 | See Source »

...special envoy to Afghanistan and Pakistan, has met with Abdullah and Karzai to insist they refrain from claiming victory until results are complete. Yet the longer the process drags on and the barbs fly, analysts say, the greater the space for troublemaking. "It is dangerous for each side to keep supporters [charged up] for the future," says Nasrullah Stanikzai, a politics professor at Kabul University. (Read how a contested election result in Afghanistan may help...

Author: /time Magazine | Title: Afghanistan's Long Vote Count: Room for Mischief? | 8/26/2009 | See Source »

...Social Security: Medicare's 2003 prescription-drug program has added nearly $1 trillion to the deficit and baby boomers' looming retirement will stress Social Security's already financially precarious situation. It's one thing to spend our way out of a recession. It's entirely different if we keep doing this forever. The U.S. is currently burdened with $11.7 trillion worth of debt and it's growing every...

Author: /time Magazine | Title: The U.S. Deficit | 8/25/2009 | See Source »

...adjustable-rate loan I was given, which I feel was a bit predatory, given my economic circumstances," she says. "I'm even willing to buy the house outright from them for what I'm told they'd probably get it for at auction, around $100,000. Anything to keep the house. My neighborhood's got too many foreclosed homes as it is." She points to one that lenders have yet to sell - but which she and her neighbors fear has become a nighttime lair for drug-addict squatters. (Watch a video on people facing foreclosure in Tampa...

Author: /time Magazine | Title: How One City May Punish Banks for Foreclosures | 8/25/2009 | See Source »

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