Bloomberg reports on a new study from IHS Global Insight about the benefits of shale gas drilling for the U.S. economy, here are some highlights: 1. Producing natural gas from shale will support 870,000 U.S. jobs and add $118 billion … read more >

NEW YORK (WALA) – “Megabus.com , the first city-to-city, express bus service offering fares from $1, announced it is offering 200,000 free seats for travel Jan. 4 to March 1, 2012. Customers can begin booking their free seats now.” MP: … read more >

According to a release today from The National Association of Realtors, the Housing Affordability Index reached a new all-time record high of 197.8 in October (see chart above).   Based on the hypothetical purchase of the median-priced home of $161,600 in … read more >

1. Peak Oil Debate Losing Relevance Due to New Upstream Technology — “The debate over whether the world’s reserves of hydrocarbons have now peaked and are in decline has lost relevance over recent years as new technology allows oil companies … read more >

1. Guess What? The U.S. Car Industry Is Back From The Dead, and it will continue to get better (see video above). Reason? The average age of cars in America is now more than 10 years, compared to 6 years … read more >