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Take no comfort in that excess. Unlike crude, natural gas cannot be stored just anywhere we want; we also cannot transport it very easily. Gas is typically stored in underground reservoirs. The pressure of the gas and the type of reservoir can make injection and extraction cycles difficult and lengthy...
What's next for natural gas? Most likely, more weird volatility. As UNG continues to roll month to month, the front month will continue to get pounded down. The markets will not hit a true support on the bottom until traders know for sure how much storage the U.S. can...
Indeed, the spat over Jinnah has highlighted the profound crisis facing India's most prominent opposition party. Its rise less than two decades ago as a dominant force in Indian national politics coincided with the opening up of the country's economy and the emergence of a more confident, muscular...
Ironically, amidst the furor created by Jaswant Singh's pro-Jinnah remarks,the BJP top brass seem to have overlooked the fact that Singh lays the blame of Partition mostly on the Congress party and its leaders including Jawaharlal Nehru, India's much-admired first Prime Minister. But it also...
U.S. officials, meanwhile, say they are working to avoid the prospect of post-election unrest. Richard Holbrooke, the U.S. 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...