22.08.2013 - Tread careful on U.S. natural gas sovereign wealth fund
A popular story has emerged on the internet touting the benefits of the United States creating a federal sovereign wealth fund in order to harvest gains from the increase in proved natural gas reserves. A similar debate is occurring in the United Kingdom with regard to energy resources in the North Sea. Due to advances in energy extraction technology, namely hydraulic fracturing (fracking), the proven number of gas reserves has dramatically increased since the beginning of the millennium...............................................Full Article: Source
Print