Another jobs leading indicator turns sour
-
I have argued repeatedly that the official Australian Bureau of Statistics
(ABS) unemployment rate of 3.8% flies in the face of broader labour market
dat...
2022-02-27
Killing Ukraine: It's a Gas
Who wins? American LNG exporters. Who loses? American consumers and American workers. They will pay more for natural gas as it is bid away by Europe at higher prices. Also, American valued-added industries such as fertilizer and chemicals will also suffer as prices rises. Low natural gas prices had shfited production and investment in new plant & equipment into the U.S. The U.S. still has an advantage, but it will shrink as gas prices converge with world markets.
Labels:
Charts,
energy,
LNG,
natural gas
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