There are few things in life more joyful than discovering a giant oil or natural gas field in Texas. You're suddenly rich beyond your wildest dreams. When the scope and size of the natural gas reservoir in the Barnett Shale in North Texas first became apparent, there were predictions that the find would last 100 years.
Well, that was over the top. But University of Texas geology professor Scott Tinker, who designed and authored a new study of the Barnett Shale, says there's still a lot of gas down there, even after a decade of drilling.
Hear Laura Sydell's report for Morning Edition by clicking the audio link.
Groupon co-founder Andrew Mason has been fired as the daily-deal company's CEO, one day after Groupon posted financial results that showed it lost $67.4 million during 2012. Board chairmen Eric Lefkofsky and Ted Leonsis will jointly fill the CEO post on an interim basis.
The network of political groups headed by conservative industrialists David and Charles Koch spent millions of undisclosed dollars in last year's elections. Now, after failing to help Republicans win the White House or the Senate, the Koch brothers are re-examining the network, its goals and strategies.
Originally published on Thu February 28, 2013 7:17 pm
If New Jersey Gov. Chris Christie was hoping for a return invite to the big CPAC convention this year, he probably should have thought of that before he bad-mouthed House Speaker John Boehner a couple of months back.
Christie was incensed by the House's failure to pass a relief bill helping victims of Superstorm Sandy, which hammered New Jersey and the rest of the Northeast last autumn. In typical Christie style, he did not pull any punches.