We are used to expecting that more investment will yield more output, but in the real world, things don’t always work out that way.
Figure 1. Comparison of 2005 to 2011 percent change in real GDP vs percent change in oil consumption, both on a per ca…
Anadarko Petroleum Corp. projected its sales of oil and gas will rise 5 percent in 2013 and the company will make between $7.2 billion and $7.6 billion in capital investments this year, it announced Wednesday.
Chesapeake Energy confirmed Wednesday that its top executive had taken personal loans from financial institutions to which the company also owed money, but said a review of that and other dealings proved that there were no conflicts of interest or other wrongdoing.
Regardless of whether a market is moving up or down, there is always someone making money somewhere. There are various examples every day – be it a billionaire selling a stock short (i.e., Herbalife) or a company selling a meal short on ingredients (i.e., horsemeat economics). Some methods are legitimate, and some are not. But one thing […]
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