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Demographics And Shale Gas

By John Richardson

GLOBAL shale resources are large enough to cover more than a decade of oil consumption, writes the FT in this article, quoting the US Department of Energy.

And as my colleague Nigel Davis writes in this, as usual, excellent Insight …

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Go on, stick your head in deeper

Apparently it’s a fallacy – ostriches don’t stick their heads in the sand.

Investment bankers frequently do, though, especially all the greedy ones who only cared about their end-of-year bonuses when they knew perfectly well that the credit crisis was …

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