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Friday, August 3, 2012

How Domestic Energy Production in the US will Stimulate Economic Growth

How Domestic Energy Production in the US will Stimulate Economic Growth

The Q2:2012 economic reports are in and—to use a technical term—the results suck!  GDP growth has slowed to 1.5%, unemployment rates remain stubbornly high at 8.2% over average nationwide but the damage to youth, black and Hispanic and those with less than college educations are horrible.  Clearly we need an economic shot in the arm.How could there possibly be any good news on the horizon?The good news is the big shift in energy is a complete reversal of fortunes for North America and the US economy in particular. Less than…Read more...

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