Drowning in Expensive Crude

In this issue:

 Predictions of an oil bust have become all the rage, spurred by increasing production from newly exploited shale resources in Texas and North Dakota as well as the growing glut of US inventories. We examine the available evidence. We also check in on the nuclear industry two years after Fukushima, and find it struggling still. Finally, a portfolio update on a Norwegian holding riding the industry’s aggressive search for offshore oil and gas.



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