Finance Matters

Haiti is about the size of Maryland and a big chunk of the population lives in or near Port-Au-Prince, maybe a third of the total, depending on what you count as a suburb.  So the collapse of Port-Au-Prince is a big, big deal for the country as a whole.  It’s a dominant city for Haiti.  Plus Jacmel seems to be leveled.

From the reports I have seen, my tentative conclusion is that the country as a whole is currently below the subsistence level and will remain so for the foreseeable future.

Read the full post at Marginal Revolution –>

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See Also:

• Americans Give Record $3 Million Via Text Messages For Haiti
• A Guide To Following The Haiti Earthquake Online
• Why Haiti’s Horrific Earthquake Won’t Ravage Insurance Companies

Two wells in the Texas Panhandle that exceeded expectations have sent shares of Denver’s Forest Oil Corp. to a 52-week high.

AP: Forest Oil said crude production from its most recent wells in the Granite Wash has been so prolific it may equal assets that were sold in West Texas as the company narrowed its focus on tight-gas and shale formations.

“Our Texas Panhandle Granite Wash program continues to exceed our expectations, not only from the extremely high gas rates, but also the strong liquid components associated with these wells,” H. Craig Clark, president and CEO, said in a statement.

Both wells have produced the equivalent of 37 million cubic feet per day of gas and oil.

Forest Oil Corp shares climbed $2.39, or nearly 9.5 percent, to $27.51 Thursday, after trading as high as $28.72.

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See Also:

• John Kilduff: Oil To $100 In The Next Six Months
• America’s Growing Fuel Glut Could Torpedo Oil Prices

The Jay Leno Show at 10 p.m. is officially kaput.

NBC just released their 10 p.m. schedule, set to air after their Olympics ends on Feb. 28.

There’s no Jay Leno Show in sight:

Monday: Law & Order

Tuesdays: Parenthood

Wednesdays: Law & Order: SVU ,

Thursdays: The Marriage Ref

Fridays: Dateline (9 p.m. to 11 pm)

According to People, Conan’s last night as host of The Tonight Show will likely be next Friday (Jan. 22), a source close to O’Brien told them.

NBC is still figuring out how to move Leno back to late-night by bumping O’Brien to midnight without getting slapped with a breach of contract fee. So far, O’Brien has refused NBC’s plan.

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See Also:

• Jeff Zucker Threatens to Ice Conan! "I’ll Keep You Off The Air For 3 1/2 Years"
• Conan Savages NBC And Leno… Any More And He Could Presumably Be Fired For Cause
• Jay Leno Following Conan Out Of NBC?

Green Energy Reporter caught up with Dot Earth blogger Andrew Revkin to talk about Copenhagen and the future of the climate.

Read the whole thing at GreenEnergyReporter.com>>

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