This week the US Department of Energy’s analysis wing, the Energy Information Administration, said domestic gas production rose by a record 4.8bn cubic feet per day in 2011. This is more than three times its annual growth forecast made a year ago

One million British thermal units is a lot of energy. It can warm the average American home for almost three winter days or get a car from New York to Baltimore.
This week, the price of a million Btus of natural gas tumbled below $2 for the first time in a decade. This astonishingly cheap energy price has important implications. But don’t expect gas to become rocket fuel for the US economy.

Gas has fallen thanks to the shale rock drilling boom that has spread from Louisiana to Pennsylvania. Last year the US produced record volumes. Academics, Wall Street analysts and the popular press are celebrating America’s newfound natural gas riches.
Citigroup has been circulating research saying North America could become the new Middle East, while the cover of Fortune magazine shows the oxidised hand of the Statue of Liberty holding a blue-flamed torch of freedom, highlighting a feature on how shale gas is reviving the US economy.
The benefits are clear: lower heating bills, potentially cheaper electricity and fewer US gas imports. But they should also be put in perspective.

For reference, look at a December 2011 study commissioned by America’s Natural Gas Alliance,US a coalition of 30 drillers. The report found that by 2015 shale gas would contribute $118bn to gross domestic product (in 2010 dollars) and “809,000 more Americans will be employed because of low gas prices”.
Before getting too excited, though, consider these facts. America’s GDP was $15tn last year. Assuming it keeps growing, shale’s contribution would be less than 1 per cent in 2015.
The US has a labour force of 155m people, of whom 12.7m were unemployed last month. If gas put 809,000 more Americans to work tomorrow, it would shave the unemployment rate from its current 8.2 per cent to a slightly less dismal 7.7 per cent.
“It’s certainly a good thing for the economy,” says John Parsons, economist at Massachusetts Institute of Technology and a member of the university’s natural gas study group. “But it’s not any magical elixir. It’s not that large a segment.”
Mr Parsons points out that the US economy has become much less energy-intensive than in past decades, meaning energy cost savings have less impact than they once did.
The ANGA study has even brighter forecasts for the year 2035. But anyone who has spent time on the energy patch knows forecasts can go awry. Indeed, 20 years ago the Financial Times was writing about a US “gas bubble” that had depressed prices. They later rose as high as $15.
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iPhone seasoned user or brand new to the world, fullest chances are you're probably not using your smartphone

Don't be sad, you're not alone, as these pocket-sized computers boast many hundreds of features buried in the awesome operating system.

So  here I share a number of  favorite iPhone awesome tips and tricks, which you may know already some of it . Most of these following 25 suggestions will work with all versions of the iPhone, but be sure to have the latest software installed (iOS 5.1).

Here there are:

Awesome gadget 

Dismiss suggested words: If you're typing an email or note and the virtual keyboard is suggesting the correct spelling of the word — and you don't want to accept it — you don't need to tap the tiny "X" at the end of the word in question. Simply tap anywhere on the screen to close the suggestion box.

Take a photo with your headphone cord: Now that you can use the volume up or down buttons to snap a photo, steady your hand while framing up the photo and when you're ready to take the picture, press the button on the cord so it won't shake the iPhone. Voila!

Use location-based reminders: You probably know Siri can be used to set a reminder, like saying "Siri, remind me to call mom at 4pm today." But did you know you can set location-based reminders on your iPhone 4S? Say "Remind me to call mom when I leave here" or "Remind me to call mom when I get home" and you'll be notified accordingly.

Dry out a wet iPhone: You're not the first one to drop an iPhone in a toilet or sink. If this happens, don't turn it on as you can damage the smartphone by short-circuiting it. Lightly towel dry the phone. Don't use a hairdryer on the phone as it can further push moisture into areas that aren't wet. Submerge the iPhone in a bowl or Ziploc bag of uncooked white rice and leave it overnight. If you have it, try using a desiccant packet you might find with a new pair of shoes or leather purse.

Take photos faster: Even if your iPhone is locked you can double-tap on the Home button and you'll see a camera icon you can tap to open the camera immediately. Now you can use the volume up button to snap the photo, too. You can also use the volume up on the headphone cord to take a photo (if you want to) and pinch the screen to zoom instead of using the slider bar.

See a 6-day weather forecast: If you're one of the many weather junkies out there, you probably know you can swipe down the iOS device's screen and you'll see the Notifications center. Weather will be at the top, but did you know you can swipe to the left or right and you'll toggle between current conditions and a 6-day forecast? Plus, jump to the Weather app by tapping anywhere on the weather bar inside Notifications screen.

Get word definitions: Apple has recently added a built-in dictionary and you can access it in most apps that let you select a word. Simply press and hold on a word — such as in an email, reminder, iBooks, and so on — and you'll see a pop-up option for "Define."

iPhone Tips and tricks

Revive a frozen iPhone: If your smartphone freezes on you and pressing the Sleep/Wake button on top of the device doesn't do anything, don't panic. Instead, press and hold the Home button and the Sleep/Wake button at the same time. You'll be prompted to swipe the "Slide to Power Off" tab. This so-called "hard reset" resuscitates the frozen iPhone. You'll first need to wait through a full shut down and restart.

Get more done in less time: You can create shortcuts to words and phrases you use a lot, such as Northern California Association for Employment in Education. In Settings, go to General, then Keyboard, and select Add New Shortcut. Now you can add new words or phrases and assign shortcuts to them (such as "NCAEE," in the above example, and it'll type out the full word each time.

Select URL domains faster: When typing a website address in Safari, you don't have to type the ".com." For example, you can type "yahoo" in the URL box to get to yahoo.com. On a related note, you can press and hold down the .com button and you'll see a list of alternatives to choose, such as .net, .org and .edu.

Make your own ringtone: Don't settle with the ringtones provided by Apple and you need not pay your carrier for more of them. As the name suggests, the free Ringtone Maker app lets you take a clip from your favorite songs and make ringtones out of them in seconds.

Feel and see when people call: Apple has added a number of accessibility features to iOS 5, specifically designed to assist those with hearing, vision, mobility and other disabilities. For example, those who are hearing impaired might opt to have the LED flash when a call comes in. If you're seeing impaired, you could set a unique vibration pattern for different people in your Contacts, so you know who's calling.

Find your lost iPhone: As long as you sign up in advance, the free Find My iPhone app will help you locate your device on a map (on your computer or other iOS device). You can display a message or initiate a loud ring (in case it's under the cushions), or remotely lock or wipe its data.

Save photos in Safari: You're surfing the web in Safari and stumble upon a photo you'd like to save. Simply press and hold on a photo when on a website and you'll be prompted with a menu asked if you'd like to "Save Image." Once the photo is saved, you can view it offline, email it or set it as wallpaper.

Take an iPhone screen grab: On a related note, if you want to take a screenshot of a website or application, press down on the Home button and tap the Sleep button. You'll hear the camera click, see a white flash and the screenshot will be saved to your Camera Roll.

Get new sounds: It's been a long time coming, but Apple has added the ability to select custom tones for incoming text messages, new emails, voicemails, tweets, calendar alerts, reminders and more. You can select something you like from within the Sounds menu. You'll also notice you can scroll to the top of this list of sounds and you'll see a "Buy More Tones" option, which takes you to iTunes.

Zip to the top of the page: In Mail, Safari, Contacts and other apps, simply tap the status bar at the top of the screen — the area that displays time, battery and cell bars — to jump back to the top quickly.

Learn some gestures: Close any app ridiculously fast by putting your four fingers and thumb stretched on the screen and pinch inwards. Sweet! You can also magnify what's on your iPhone screen with a three-finger tap. You'll first need to go to Settings, General, Accessibility, and select the various gestures options here.

Prolong your battery: Speaking of the battery, here's how to squeeze more life out of your iPhonebetween charges. Turn down the brightness of your screen, turn off wireless radios you don't use (such as GPS, Wi-Fi or Bluetooth) and reduce the number of apps with info you have "pushed" to your phone. Also, make sure you lock it before putting in your pocket, purse or backpack or else it could turn on and drain the battery.

Spread out the keyboard for easier typing: Here's a tip for iPad users: If you like typing while holding the tablet, rather than stretch your fingers or thumbs for those middle letters like G, H, Y or B, you can drag the keyboard to each side of the screen to separate it into two, allowing you to easily type while holding it.

Create an "app" out of a website you visit often: To add a website to your Home screen, just visit the webpage in Safari and at the top of the screen, tap the Go To icon and select "Add to Home Screen."

Create a music playlist on the fly: You no longer need a computer to create a playlist. In the Music app, tap Playlists, then select Add Playlist and give it a name ("Marc's Workout Mix"). Now, tap any song (or video) to add it to the playlist. You can add individual songs, entire albums, or all songs by a particular artist.

Mirror your iPhone with your TV: If you own an Apple TV, you can instantly and wirelessly share exactly what's on your iPhone 4S or second- and third-generation iPad with your HDTV, connected to an Apple TV — such as games, apps or videos. Simply double-tap the Home button, swipe all the way to the right and select AirPlay Mirroring.

Don't waste your day deleting messages individually: You can delete unwanted emails en masse rather than deleting one at a time. In your Inbox, simply click the Edit button and check off the emails you want to delete with your finger and then choose Delete.

Rumours on iPhone 5

Keep track of your texting limits: If you don't have the best texting plan and don't want to unnecessarily pay to send more texts than you need, here's a tip to turn on the character count in the Messages app. Enable this in the Settings>Message option to keep an eye on your word count. Usually, your one text becomes two after 160 characters.Hope this will help~!!Cheers~!!

Stocks and Shares are leaping this morning, yet there doesn’t appear to be many fundamental and rigid reasons for the sudden up trend bull market. Jobless claims stunk and PPI data didn’t exaclty sway opinions on inflation or the Fed’s stance on more accommodation.

But several traders are conveying each other around saying the whisper numbers for China’s first-quarter GDP report may be much better than initially anticipated and projected. That chatter is fueling the early-morning gains.

The “whisper” counts is calling for China’s GDP report tonight to come in at 9.0% compared to the estimate of about 8.4%.

Stocks recently traded around session highs. The Dow is up 149 points, or 1.2%, to 12954. The S&P 500 is up 1.1% and the tech-heavy Nasdaq Composite is up 1.2%.

Here’s what Ryan Larson, head of equity trading at RBC Global Asset Management, told our colleagues on the stocks desk: ”I think the rumour on China GDP is probably what’s driving most of this move this morning; of course it’s unconfirmed,” he said. “I think that kind of number — and the whisper is roughly around 9% right now — would go a long way toward calming fears about global growth.”

For what it’s worth, Peter Boockvar of Miller Tabak says these rumors are being misinterpreted:

The Chinese govt researcher that supposedly commented on China GDP said he thought we get 9% GDP growth for FULL YEAR 2012 and that he only expected Q1 to be 8.4-8.5% which is in line with expectations.

Nevertheless, all this talk has helped the Dow notch a triple-digit gain this morning.

(Reuters) - Coca-Cola Enterprises Inc (CCE.N), Western Europe's biggest Coke bottler,
approved a share buyback program of up to $1 billion and certified its 2011 outlook.

The Atlanta-based entity buys syrup concentrate from Coca-Cola Co (KO.N) and bottles
and allocates drinks in seven nations as Britain and France.

It still rely upon full-annual earnings of $2.10 to $2.15 a share,
including a currency benefit of about 15 cents. Analysts on average were expecting a profit of about $2.15,according to Thomson Reuters I/B/E/S.

The company said the new share repossess program would start once it completes the latest.
It strive to buy back at least $500 million virtue of stock in 2012.

(\KUALA LUMPUR:  Goods and services tax(GST) will be placed and applied throughout the country
as told by the Prime Minister of Malaysia.This decision is critical and need a right moment
although Malaysia has enough workforce and taxpayer.

Most probably the after the general election indirectly next year ahead.It takes time for
the community with different level of understanding and beliefs on how this effect will benefit to the country
survival in managing the funds to make this country sustain enough to be the leader of economic
power that drives Asian as the hub for international business.

We need more time and conduct on every house income as this implementation will not effect
the SME sectors that consist company and individual.The support for bumiputera will remain
but we will pull back in orderly fashion in order for them to strive in new behavior of economic
environment thus applying the merit system inline with the new economic transformation program(ETP)  
“when the time is right”, Prime Minister Datuk Seri Najib Tun Razak said.