Energy independence won't be coming to the United States, since the rate of decline for unconventional wells is so rapid, says Oswald Clint, senior analyst at Bernstein Research.
Gold is at a 120-year high (at least) relative to US house prices. Likewise, it is at a 74-year high relative to US wages, at multi-generation highs relative to wheat, coffee and cocoa and at the same price relative to the cost of a Yale education as in the first decade of the 20th century.
New technology, and recent gas reserve discoveries, have altered the conversation about North American energy. Fortunately Visual Capitalist has put together a clever infographic outlining the demand, market and supply of natural gas.
Xstrata has approved a $360 million expansion for its McArthur River mine in Australia’s Northern Territory which will make the project the largest producer of zinc in the world.
On Monday conflicting reports about the outcome of a four-year old probe into possible price manipulation of silver left investors perplexed about the future trading direction of the precious metal.