Unfortunately, the automobile people don t share their technology with us. Sternfels says meeting the stringent new gasoline standards means finding a new technology to separate sulfur from crude oil, but the industry has to find that technology alone now. And he says the oil industry knew it was licked when the auto industry allied with environmentalists. From Oregon Public Broadcasting, I m Christy George for Marketplace. Some speculators buy cheap chunks of desolate swampland, hoping a developer will one day come along and pay millions for the land.
Property speculation is also big in cyberspace.
From New York, Marketplace s Jessica Smith reports on an auction of Internet address names today. At this moment, Wade and a few other speculators are running a 24-hour auction, hoping to make millions from 600 names. We want to deal with names that a buyer can step in and own it 100 percent from the day he takes title to it. He doesn t have to go to court. He doesn t have to battle anybody.