This is a scarf I'm knitting for one of the two people who gave me instruction and encouragement when i was knitting. Actually, Alison was the one who gave me her old needles (she switched to crochet) and taught me the knit stitch.
It is a "half-herringbone fagoting" stitch, which is [k, yo, k2tog]. The "herringbone fagoting" stitch has an extra knit stitch, which makes the spines thicker and lie flatter.
The yarn is Encore Colorspun yarn. This is done on size 10 needles.
The thick threads sticking out the sides are lifelines. All my projects have two lifelines I leapfrog.
I actually mentioned this in a post in Michael Thompson's post about his finished Irish Summer Shawl. His is on size 17 needles, so there is a difference in the openness of the stitches. (And, yes, I'm just now getting around to posting this.)
EDIT: As ihiker kindly pointed out: The yarn is worsted weight, though in my limited experience it seems a bit on the thin side of worsted. The work is done on size 10 needles. the fagoting stitches usually look good on slightly larger needles, and I'm a tight knitter.