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Energy
2:35 pm
Fri May 18, 2012

Pipeline Flip Turns U.S. Oil World 'Upside Down'

The U.S. oil boom has created a glut of crude in Cushing, Okla., a major oil storage hub. This sign dubs the city the "Pipeline Crossroads of the World."
Jeff Brady NPR

Originally published on Fri May 18, 2012 5:34 pm

For years, Cushing, Okla., has been on the receiving end of a 500-mile pipeline funneling oil from the Gulf of Mexico to the American heartland.

Starting this weekend, that pipeline will start moving crude in the other direction. That flow reversal could soon have implications at gas pumps around the country.

"For 40 years, crude oil flowed north," says Philip Verleger, a visiting fellow at the Peterson Institute for International Economics. "Today, oil flows south. It's as if we turned the world upside down."

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Movie Reviews
2:23 pm
Fri May 18, 2012

Coming Soon — To A Theater Nowhere Near You

A scene from Battleship, which opens this weekend in the U.S. Thanks to earlier releases abroad, the film has already grossed $215 million worldwide.
ILM/Universal Pictures

Originally published on Fri May 18, 2012 5:34 pm

The movie Battleship, based on the popular board game, opens today in the U.S. In most respects, it's a typical popcorn picture — the kind of effects-laden action movie that audiences often turn into a summer blockbuster.

And while it may not be any good, it is undeniably ours — American from the water up: a Universal Studios picture about an alien invasion, crammed with special effects from Industrial Light and Magic and set largely on American warships.

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The Two-Way
2:06 pm
Fri May 18, 2012

What Facebook May Mean For Your Portfolio, Even If You Didn't Buy It

Facebook shares began trading on Nasdaq shortly after 11:30 a.m. on Friday.
Richard Drew AP

Originally published on Fri May 18, 2012 5:25 pm

Don't worry if you missed out on Facebook's initial public offering. Chances are, if you own shares in a broad-based index fund, you'll be holding onto some Facebook soon enough.

Facebook is such a huge offering -– with an initial market capitalization of more than $100 billion, it instantly becomes one of the 25 largest "cap" stocks — that it could have a distorting effect on some funds, at least in the short term.

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Middle East
1:52 pm
Fri May 18, 2012

Egypt's New President Could Come From Old Guard

Amr Moussa, a prominent figure during the rule of former President Hosni Mubarak, is the front-runner as Egyptians prepare to vote for president next week. He is shown here during a campaign event on the outskirts of Cairo on Wednesday.
Mohamed Abd El Ghany Reuters/Landov

Originally published on Fri May 18, 2012 5:34 pm

In Egypt's historic presidential race, opinion polls place the oldest candidate with the most political experience far ahead of his 11 rivals.

Many opponents try to portray Amr Moussa as a holdover from the hated regime of Hosni Mubarak. Moussa was Egypt's foreign minister under Mubarak and later the secretary-general of the Arab League.

Yet many voters believe he is the only candidate who can end the country's growing insecurity and economic problems.

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Shots - Health Blog
1:36 pm
Fri May 18, 2012

CDC Tells Baby Boomers To Get Tested For Hepatitis C

Dr. Paul J. Pockros, a liver specialist at Scripps Green Hospital in San Diego, talks with hepatitis C patient Loretta Roberts in Jan. 2011.
Lenny Ignelzi AP

Originally published on Fri May 18, 2012 1:41 pm

When it comes to hepatitis C, things that happened to baby boomers back in the day can make all the difference.

One in 30 baby boomers is infected with virus, says the Centers for Disease Control and Prevention. And most of them don't know it. So, the CDC is moving ahead with a proposal that all baby boomers (born between 1945 and 1965) get a blood test to check for the virus.

The current guidelines call for testing when someone has known risk factors.

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