text:
NEW YORK — The frigid winter of 2014 is setting the price of natural gas on fire.
The price in the futures market soared to $5.18 per 1,000 cubic feet Friday, up 10 percent to the highest level in three and a half years. The price of natural gas is up 29 percent in two weeks, and is 50 percent higher than last year at this time.
Record amounts of natural gas are being burned for heat and electricity. Meanwhile, it's so cold that drillers are struggling to produce enough to keep up with the high demand. So much natural gas is coming out of storage that the Energy Department says supplies have fallen 20 percent below a year ago — and that was before this latest cold spell.
"We've got record demand, record withdrawals from storage, and short-term production is threatened," says energy analyst Stephen Schork. "It's a dangerous market right now."
Natural gas and electric customers are sure to see somewhat higher rates in the coming months. But they will be insulated from sharp increases because regulators often force natural gas and electric utilities to use financial instruments and fuel-buying strategies that protect residential customers from high volatility.
To understand the price increase, just look at the thermometer. A second major cold snap this month is gripping much of the country, including the heavily-populated Northeast. And forecasters are now predicting colder weather in the weeks to come, extending south through Texas.
Natural gas is used by half the nation's households for heating, making it the most important heating fuel. Electricity is the second most popular heating source, and electric power generators use natural gas to generate power more than any other fuel except for coal.
Commodity Weather Group, which predicts heating demand for energy companies and consumers, said in a report Friday that periodic breaks in the cold weather are expected to be "weaker and briefer, extending the duration of colder weather" in late January and early February.
There are a couple of other factors at play. In the past, much of U.S. natural gas was produced in the Gulf of Mexico. If weather disrupted supplies there, it was typically in the early fall, during hurricane season, when heating and electricity demand are low and natural gas storage facilities are mostly full in preparation for winter.
Now, much of U.S. production comes from on-shore formations that are more susceptible to cold, ice and snow. Wells that are not designed for such extreme conditions can freeze, halting production.
"Now the threat to production is when demand is at its highest," Schork says.
Also, electric utilities have for several years been switching to cheaper natural gas for power generation. And new pipelines aren't being built fast enough to deliver all the gas required at times of high demand. That can lead to regional shortages that send prices skyrocketing.
In some producing regions in Pennsylvania gas was selling for below national benchmarks Friday, But closer to East Coast cities it was selling for 10 times those benchmarks because producers couldn't get their gas into packed pipelines, according to Citibank energy analyst Anthony Yuen.
When the Calvert Cliffs Nuclear Station in Maryland shut down earlier this week because of an electrical problem brought on by snow and ice, power generators across the East Coast scrambled to replace the lost power by cranking up natural gas-fired plants. That sent natural gas prices for immediate delivery, known as the spot price, to a record $120 per 1,000 cubic feet in some markets on the East Coast. To put that in perspective, that's equivalent to oil at more than $700 per barrel.
Analysts say there is plenty of gas to replenish supplies, and drillers will likely ramp up production so they can fetch prices they haven't seen since June of 2010.
That could push prices back down somewhat in the coming weeks. If, that is, the weather warms up later in February and March. If it's still cold when baseball season opens in early April, though, Schork says, "we'll be looking at much higher natural gas prices."
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text: In the Porsche Shop, you can purchase ladies', men's and children's clothing, personal accessories, toys and vehicle accessories. Whether you're looking for a T-shirt, a model car or a car care kit, Porsche merchandising offers Porsche drivers and enthusiasts high-quality Porsche branded products to suit every occasion. Sporty, elegant and in the minimalist style that is typical of Porsche – this is what characterises the Porsche Lifestyle clothing and accessories range. Visit the Porsche Lifestyle now.

subset: commoncrawl


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Check out this cute bird card Melanie and I made using the new Cricut Imagine machine. For more details, head over to Everyday Cricut!
Below is a video showing how we made this using the new Cricut Imagine Machine!
Also, check out these videos for more info:
Opening the Box of the Cricut Imagine Machine
Loading the Ink Cartridges
This Happy Hauntings layout was also created for Everyday Cricut! Here's a copy of the Q and A on the machine that may provide some answers for those of you interested in the machine!
Subscribe to Obsessed with Scrapbooking to learn more about ways to use the Cricut in your scrapbooking!


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The Antares rocket launch is back on for 5 p.m. ET Sunday afternoon, as engineers and spectators look for the rocket to lift off from a launch pad at NASA's Wallops Flight Facility. A check of all systems at 10 minutes before its launch was positive.
Update at 5:20 p.m. ET. Mission Called A Success:
Officials say the Antares mission is a success, after a steady stream of status updates in which flight control engineers seemed to repeat "nominal" several times a minute. The vehicle will now drift in orbit before burning up in re-entry, likely in a few weeks, officials say.
The next Antares launch could take place in June or July, when the rocket would deliver a payload to the International Space Station.
Update at 5:10 p.m. ET. Orbit Achieved, Payload Separated:
Antares moved smoothly through its two stages and achieved orbit, drawing applause from engineers watching in the control room. Soon after, it delivered its practice payload into orbit around the Earth. The test mission has about eight more minutes remaining.
Update at 5:02 p.m. ET. Liftoff Is A Success:
The Antares rocket soared above Wallops Island Sunday afternoon. Just before the engines were throttled down in Stage 1, the vehicle was traveling at more than 7,000 miles per hour. Our original post continues:
The mission had been postponed twice this week, after a connecting cable came loose on Wednesday and unfavorable winds forced a one-day delay on Saturday. Officials believe the launch may be visible from sites all along the eastern U.S. coast.
Around 3:30 p.m. ET Sunday, the rocket was approved for launch and fueling of the vehicle began, NASA reported.
The NASA facility is located just behind the beach on Wallops Island on Virginia's Eastern Shore. Antares is a product of a joint development project between NASA and , based in Virginia.
As NPR's Geoff Brumfiel reported Wednesday, a successful test would eventually make Orbital "the second private company after California's SpaceX to dock with the space station."
The Antares project promises to bring new life, in the form of future space launches, to the Wallops Flight Facility that was founded in 1945.
Copyright 2020 NPR. To see more, visit https://www.npr.org.


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Holiday baking is quite new to me – it's not something we do here in Brazil, but from the moment I started reading foodblogs – and then blogging – I thought that it would be a lovely tradition for me to adopt.
Last year I made a couple of cookies and some truffles to give as gifts and it was such a great experience that I intend to do that again this year. And the next. And the next.
I saved these cookies on my del.icio.us on Nov, 24 and immediately printed the recipe – I thought it was really worth trying. I made up my mind a couple of days later, when I saw that Jenjen had baked them too – and her cookies looked even more beautiful and delicious than the ones I'd seen on Martha's website!!
The recipe is not difficult to follow; the only problem was that I started shaping the dough using the ice cream scoop I have – and that is definitely NOT a good ice cream scoop to shape cookie dough with. The cookies were too big and I did not like them. I shaped the remaining dough using a 1 ½ tablespoon and they were still big, but good-for-holding-without-breaking-in-half big.
I baked my cookies for 2 minutes longer than the time stated in the recipe – they were sort of fudgy in the middle and slightly crispy on the edges. Really, really good. :)
Double Chocolate Cookies
1 cup (140g) all-purpose flour
½ cup (45g) unsweetened Dutch-process cocoa powder
½ teaspoon baking soda
½ teaspoon coarse salt – I used Maldon
224g (½ pound) good-quality milk chocolate, 112g (4 ounces) coarsely chopped and 112g (4 ounces) cut into 0.60cm (¼-in) chunks
½ cup (113g/1 stick) unsalted butter
1 ½ cups (300g) sugar
2 large eggs
1 teaspoon pure vanilla extract
Preheat oven to 165ºC/325ºF. Whisk together flour, cocoa powder, baking soda, and salt; set aside. Melt 112g (4 ounces) coarsely chopped chocolate with the butter in a small heatproof bowl set over a pan of simmering water; let cool slightly.
Put chocolate mixture, sugar, eggs, and vanilla in the bowl of an electric mixer fitted with the paddle attachment. Mix on medium speed until combined. Reduce speed to low; gradually mix in flour mixture. Fold in chocolate chunks.
Using a 1 ½-inch ice cream scoop, drop dough onto parchment-lined baking sheets, spacing 5cm (2 inches) apart. Bake until cookies are flat and surfaces crack, about 15 minutes (cookies should be soft). Let cool on parchment on wire racks. Cookies can be stored between layers of parchment in airtight containers at room temperature up to 3 days.
Makes about 3 dozen – I got 6 giant cookies and 24 large ones.


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NVIDIA SHIELD OTA Update adds support for Tegra Developer Tools
Made available on August 29th, the latest NVIDIA SHIELD Software Update 59 adds support for Tegra developer tools, CPU sampling profiler (Tegra Profiler) and GPU analysis (PerfHUD ES), solidifying SHIELD's position as the premiere platform for Android gaming and graphics development. Future OTA updates to SHIELD will continue to improve support for these tools.
Download and install the latest NVIDIA SHIELD software update by going to Settings -> About SHIELD -> System updates on your NVIDIA SHIELD.
With this OTA update, the NVIDIA SHIELD now fully supports all tools included in the latest Tegra Android Development Pack, starting with the 2.0r5 release. Download the latest version at Tegra Resources.
To get started on developing on NVIDIA SHIELD, head over to HOW TO: Getting Started on SHIELD development for detailed instructions on setting up your development environment and installing the tools neccessary to develop apps for NVIDIA SHIELD.
Learn more about the NVIDIA SHIELD Software Update 59 here.
-- NVIDIA Developer Tools Team


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