Friday Afternoon Links
1. Stunned Home Buyers Find that Bidding Wars Are Back, As Housing Demands Picks Up After Long Six-Year Slump.
2. Consumers Energy Reduces Natural Gas Prices for 1.7 Million Customers in Michigan to the Lowest Level Since 2003, Saving Consumers $130 Million Over Next Year.
3. Here’s a 3-D Home Printer for $500. All you need to do is add a computer and you’ll be off printing almost any object that comes to mind.
4. Thanks to abundant and affordable supplies of shale gas, Pennsylvania is poised for a manufacturing renaissance that starts with the chemical industry and ripples through the state’s economy.
5. ConocoPhillips CEO Jim Mulva says the company this year plans to drill 160 wells in the Eagle Ford shale in South Texas, 300 wells in the Permian Basin in West Texas and up to 30 wells in North Texas’ Barnett shale. “Everyone is going to have to cast aside the old thoughts and the old assumptions of domestic fossil fuels being in short supply,” he said. “That’s simply not the case anymore.”
6. A “perfect storm” of economic and regulatory factors is driving major United States utilities to rapidly switch from coal to natural gas as an electric power source, the top executive of one of the nation’s largest utilities said on Thursday.
7. Markets in Everything: Travel Dating (HT: Tyler)