DailyMarkets.com - Shale Gas Gives Big Boost To America’s Economy

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Shale Gas Gives Big Boost To America’s Economy Posted: 15 Jul 2012 05:06 PM PDT Here’s where America’s 100-year supply of natural gas will come from:  From The Economist: “Natural gas has wrought some remarkable changes. Over the past five years America has recorded a decline in greenhouse-gas emissions of 450m tonnes, the biggest anywhere in the world. Ironically, given its far greater effort to tackle climate change, the European Union has seen its emissions rise, partly because its higher gas prices (linked to oil) have led to an increase in coal-fired power … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Your Libor Fix Or Your Life Posted: 14 Jul 2012 07:36 PM PDT The libor rate fixing scandal is the single largest theft by so few over so many. BP was fined 100% of previous years profits for the oil spill. Barclays was fined a mere 5% of previous years profits…ha ha Source: Damages Paid Who is hurt by fixing interest rates, say lower? The borrower: Not him, his interest rate is lower. Great ! The Lender: Not him, his margin is the difference between the lending rate and the libor rate. The Saver: Yes him, his earnings are reduced as rates should … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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