U.S. natural gas prices, pushed to a record high after hurricanes Katrina and Rita barreled through the Gulf of Mexico eight years ago, are now more vulnerable to winter freezes than tropical storms after production moved onshore with the growth of drilling in shale formations.
Allan Lira has walked more miles on the streets of Phoenix than he can count, knocked on hundreds of doors, and, with the polish of a seasoned precinct captain, appealed to Latino voters to exercise a right that he may never have.
Federal Reserve Bank of Kansas City President Esther George said the economy will probably grow 2 percent this year, spurred by Fed stimulus that threatens to eventually push up long-term inflation expectations.
Colorado lawmakers’ approval of taxes and other measures to regulate marijuana sales is the latest in a series of moves by the Democratic-controlled legislature splitting cities from rural areas dominated by Republicans.
Audi AG, the world’s second-largest maker of luxury cars, will consider doubling capacity at a plant in Mexico to 300,000 vehicles in the longer term and adding production in Brazil to take on global leader Bayerische Motoren Werke AG in the Americas.