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Commodities Briefing - Categorized | Commodity Crisis, Market Pulse, Oil more

A superpower commodity oversupply

Posted on 12 February 2009

From Fool.com: It seems that the U.S. and Russia share a common condition these days: an overabundance of natural gas. Indeed, as recently as five years ago, it appeared that natural gas demand in the U.S. was growing rapidly, and prices were climbing to such an extent that then-Fed Chair Alan Greenspan announced that he expected the U.S. to soon become a major importer of liquefied natural gas (LNG).

Unfortunately for those who invested on Mr. Greenspan’s belief, today’s world looks much different….. Full Article: Source


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This post was written by:

VRS - who has written 37629 posts on Opalesque Commodities Briefing.


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