DailyMarkets.com - Shale Oil: A Tremendous Development For U.S. Oil Production, Shovel-Ready Jobs, Economic Growth

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• Shale Oil: A Tremendous Development For U.S. Oil Production, Shovel-Ready Jobs, Economic Growth
• Central Bank News Link List – Aug 23, 2012
• Commodities Rally May Stall As US Economic Data Tempers QE3 Bets

Shale Oil: A Tremendous Development For U.S. Oil Production, Shovel-Ready Jobs, Economic Growth Posted: 23 Aug 2012 06:15 AM PDT Bloomberg — “A boom in oil production from the shale formations of North Dakota and Texas has the U.S. on a course to cut its reliance on imported crude oil to about 42% this year, the lowest level in two decades. Dependence on crude purchased from foreign countries is on a pace to decline from last year, Adam Sieminski, the head of the U.S. Energy Information Administration, said during a Bloomberg Government lunch yesterday in Washington.” “Higher oil prices and an increased use of a … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Central Bank News Link List – Aug 23, 2012 Posted: 23 Aug 2012 05:46 AM PDT     Here’s today’s Central Bank News link list, click through if you missed the previous link list. The list comprises news about central banks that is not covered by Central Bank News. The list is updated during the day with the latest developments so readers don’t miss any important news Central bank makes record cash injection (China Daily) Fed’s Bullard says FOMC minutes ‘stale,’ economy stronger (Bloomberg) ECB may set bond yield target, but keep it quiet … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Commodities Rally May Stall As US Economic Data Tempers QE3 Bets Posted: 23 Aug 2012 03:24 AM PDT Talking Points Crude Oil, Copper Aim Higher as S&P 500 Futures Signal "Risk-On" Mood Gold and Silver Continue to Build Higher as Fed Minutes Stoke QE3 Bets Commodity prices are pushing broadly higher as markets continue to revel in the aftermath of a slightly more dovish than expected set of FOMC meeting minutes, shrugging off a disappointing Chinese PMI print and another contraction services- and factory-sector in activity in the Eurozone. The report showed that many FOMC members … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

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