Hydraulic fracturing or fracking has turned the U.S. Energy outlook upside down. Since 2010 U.S. natural gas production has increased 25% and oil production, 60%. We have passed Russia as the world’s largest gas producer and within a couple of years we may pass Saudi Arabia as the world’s largest oil producer. Fracking elicits a […]
Eric Hanson
There Are Four Kinds Of Countries In The World
According to Simon Kuznets, a Noble Laureate. There are developed countries, underdeveloped countries, Japan… and then there is Argentina. If you go back to just before World War I, Argentina was one of the wealthiest countries in the world. Its income was greater than Germany, Italy or France. The country had enormous agricultural resources be […]
Eric Hanson Guest Speaker
Eric Hanson was the guest speaker at the New England Federal Credit Union’s 2013 Annual Meeting. He discussed “The US and Global Economy.”