UK Gas Supply Six Hours From Running Out in March

Britain came within six hours of running out of natural gas in March, according to a senior energy official, highlighting the risk of supply shortages amid declining domestic production and a growing reliance on imports.

We really only had six hours‘ worth of gas left in storage as a buffer,” said Rob Hastings, director of energy and infrastructure at the Crown Estate, the property portfolio managed on behalf of the Queen. “If it had run any lower it would have meant … interruptions to supply.” Continue reading

Occupy Wall Street Plans Global Protests in May Day Resurgence

Today, beginning at 8 a.m. in Bryant Park, scheduled events include teach-ins, art performances and a staging area for “direct action and civil disobedience,” such as bank blockades.

Occupy-related events are planned in 115 cities throughout the U.S., from college towns such as Amherst, Massachusetts, and Ann Arbor, Michigan, to Los Angeles, Houston, Chicago and Philadelphia.

In San Francisco, a group calling itself the Golden Gate Bridge Labor Coalition abandoned a plan to close the span while carrying on with a day of picketing to support bridge, ferry and bus workers seeking reduced health-care benefit costs, according to its website. Protesters still plan a rally at 7 a.m. at the toll plaza, without blocking the bridge, the group said in a statement.

Across the bay in Oakland, protesters said they intend morning marches on banks and the Chamber of Commerce, followed by an afternoon rally and a march downtown.

Full article: Occupy Wall Street Plans Global Protests in May Day Resurgence (Bloomberg)