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  • The Obama administration on Monday again delayed release of a report on expanding liquefied natural gas exports, likely pushing beyond the presidential election a decision on sending U.S. gas abroad. The report initially was expected in March. Natural gas exports to all but a handful of countries with Free Trade Agreements require approval from the U.S. Department of Energy. [View news story]
    There is a scaling issue of switching/building manufacturing machines which primarily run on LNG rather than oil. America, even with cheap LNG, simply can't become a huge manufacturing hub over night - it takes time to convince companies of the strategic advantage and to have them move their workers back home.
    Sep 18 02:06 PM | 1 Like Like |Link to Comment
  • Cord-cutting is a real and growing phenomenon, says Verizon (VZ) exec Maitreyi Krishnaswamy, even if some don't think it's a big deal. She adds Verizon's FiOS division, like some rivals, has been "looking at" offering a la carte TV services, which would allow consumers to subscribe to channels individually and doubtlessly make many cord-cutters happy. But this would require an overhaul of Verizon's contracts with TV networks, and the networks seem to prefer the status quo. [View news story]
    Cord-cutting involves those, who already have cable, to cut it. But many people, including young twenty-somethings who never had cable to begin with, simply are forgoing the service. Cord-forgoing is much worse than cord-cutting.
    Sep 7 08:07 PM | 1 Like Like |Link to Comment
  • What To Expect In A Romney Economy [View article]
    Slashing government spending during challenging economic times would devastate the economy and plunge our nation into yet another recession. The evidence is widely seen in the austerity measures in Europe. For example, Great Britain slashed spending, cut entitlement programs, increased the amount families must pay for college, and look where the nation is now: Britain's gross domestic product fell 0.2 percent in the first quarter of 2012 on top of a 0.3 percent decline at the end of 2011.
    Aug 31 03:52 PM | Likes Like |Link to Comment
  • Lenovo Is Not Buying Nokia, Should You? [View article]
    The analysis took liberty in defining the term "smartphone." I would argue Nokia did not enter the smartphone market until Windows phone, which was released after 2Q11, so the statistic indicating a drop of 38.90 percent from 2Q11 isn't entirely true since it wasn't even in the smartphone market a year ago. The statistics are counting some feature phones the company produced in 2Q11 as smart phones to over exaggerate the decline of Nokia. With this statistical lie, the analysis is hiding Nokia's smartphone market gain. It went from shipping 0 smartphones in 2Q11 to shipping 10.2 million in 2Q12, capturing a market share of 6.6 percent. Not bad for entering the market.
    Aug 10 04:32 PM | 3 Likes Like |Link to Comment