The great white shale

Leapfrogging into the dustbin of history.

Everybody likes good news. But perhaps nobody likes good news as much as exuberant traders and financial advisers who are in the business of selling willing investors on making a quick buck off the next greatest thing to come rolling down the pike. Such is the case for American shale gas, which, to hear it from some analysts, offers a Saudi Arabia on American soil, or rather, 11—count them—11 … [Read more...]