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...quickly expand gas consumption. At this stage, anyone who can use natural gas instead of crude oil is already burning gas, as the price goes lower still. There is really only one other form of energy that natural gas will replace - coal. Yes, in some geographic areas, it is currently cheaper to use natural gas than coal. Shocking, right...

Author: /time Magazine | Title: As Oil Explodes, Why Natural Gas Prices Stay Low | 8/27/2009 | See Source »

...past few days, though, everything has come undone again. GM's management, which now includes U.S. government appointees after Washington's massive bailout of the Detroit firm, is split. Some on the board want GM to sell its European operations and focus on the U.S. market. And GM cannot use money from U.S. taxpayers to restructure Opel. (See pictures of General Motors factory-scapes...

Author: /time Magazine | Title: GM and Germany Still Wrangling Over Opel | 8/27/2009 | See Source »

...illegal drugs and to ship them to any country that doesn't yet prohibit them. It's these legal drug dealers that the British ban seeks to target. "The priority will be to chase suppliers rather than users," says Martin Barnes, head of Drugscope, a nonprofit that studies drug use in the U.K., and a member of the advisory board that recommended the new bans. (See pictures of the Great American Pot Smoke...

Author: /time Magazine | Title: The War on Designer Drugs: Britain Bans Legal Highs | 8/27/2009 | See Source »

...around the world and in the United States. There will likely come a point when the majority see that prohibition is expensive and simply doesn't work," he says. St. Pierre points out that 13 U.S. states have already decriminalized marijuana and California has legalized it for limited medical use...

Author: /time Magazine | Title: Mexico's New Drug Law May Set an Example | 8/26/2009 | See Source »

...their policies," he says. In February, the former presidents of Brazil, Colombia and Mexico signed a statement calling for decriminalization of several narcotics. "Current drug-repression policies are firmly rooted in prejudices, fears and ideological visions," it said. (On Aug. 25, the Argentine supreme court essentially legalized the private use of small amounts of marijuana...

Author: /time Magazine | Title: Mexico's New Drug Law May Set an Example | 8/26/2009 | See Source »

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