Down Goes Spain

Spain is back in a recession- again.

http://money.cnn.com/2012/04/30/news/economy/spain-recession/index.htm?hpt=hp_t3

Spectra Energy Corp

Just read an article about a possible pipeline expansion project for New England proposed by Spectra Energy, a Houston based natural gas company.  Granted the project is still 3 years out, but I got me thinking about how upgrading existing gas infrastructure in this area to keep up with demand will effect the profits of some of these gas companies. Cheech knows more on this subject than I do, but just doing some quick research on this Spectra Energy company, they appear to be a pretty solid company financially. Increasing profit margin, increasing return on assets. If in the future, they can supply New England with more gas via this pipeline, I would expect that would only help.  I'm just throwing this out there as a potential long term option, we've always said we've wanted to to get into Natty Gas.  I'm interested to here your thoughts..

Amazon Spreads Wings

Amazon expanding its target to industrial supply vendors like Grainger, Cintas and other major providers of such services.