In the first half of 2011, the Big Four benefited from tight supply-demand conditions for many key services, as frenzied drilling activity in North American shale oil and gas plays strained the industry’s capacity to meet these needs.
In particular, a shortage of pressure pumping capacity–a service critical to hydraulic fracturing–had enabled service providers to push through substantial price increases in recent years. Hydraulic fracturing is a process whereby producers pump [...]
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by usnews.com In stunning proof that a single vote can doom a lawmaker’s career in Washington, a new review of the 2010 healthcare vote found that 13 Democrats lost their reelection last November because they backed President Obama’s health reform bill. What’s more, it put many other Democrats in jeopardy of losing their seats because it automatically cost them six to eight percentage points even before voting started. [See photos [...] This article originally appeared in The Daily Capitalist. In an interesting article in the Wall Street Journal’s “Numbers Guy” column, it was pointed out that maybe the government’s reporting of price inflation is skewed to favor the government. Shocking. He notes that the government keeps fiddling with its methodology: According to one rogue economist, John Williams at Shadow Government Statistics, if we still calculated inflation the way we did when Jimmy Carter was [...] |
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