That has to be the best headline in the ongoing saga of the Raleigh sewer blob (It's from the UK's Register).
This story from News 14 Carolina is probably the best so far as to what it might actually be and how the video came about.
It's noteworthy that with all the big local, national and international news stories this week, that the sewer blob topped may news sites "most viewed" story lists. Maybe it's proof of biophilia--our innate connection to living things, or maybe we just like wierd stuff...
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