U.S. Shale Production Is Set For A Rapid Decline

Yves here. If the forecast in this article proves to be correct, and the author argues that it’s pretty much baked in, a big fail in US LNG production will produce a lot of collateral damage. The first is for Europe, which bet on LNG and renewables being able to replace the loss of cheap […]

Wholesale prices post decline of 0.1%, retail sales fall

A customer looks over merchandise at a store on March 14, 2023 in Miami, Florida. Joe Raedle | Getty Images Wholesale prices posted an unexpected decline in February, providing some encouraging news on inflation as the Federal Reserve weighs its next move on interest rates. The producer price index fell 0.1% for the month, against […]