Production in Texas and Pennsylvania

Production in Texas and Pennsylvania has produced far more gas, far more cheaply than the industry expected, and gas prices are now near historic lows. Low gas costs have drawn huge interest from chemical companies that convert natural gas into plastics and other materials. In March, Shell Oil said it would build a multi billion petrochemical refinery near Pittsburgh.

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Critics dismissed Snapchat early on as a smartphone app that didn do much but let lovers trade the type of photos they didn want saved. But the huge audiences that Snapchat is gathering on a new feature called Stories is the latest example of how a tiny company can rise up fast with a business strategy that could make it the next hot technology sensation out of California much like Facebook in its early days. Early Stories advertisers include Coca Cola, Universal Pictures, Macy and Samsung.

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