OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Ten Year Bond Rate Down To 2.82%

Posted by Mr.Copper @ 15:54 on August 20, 2018  

Remember when all the talking heads on TV predicted higher rates when it was up to 3%??

Remember all the peak oil talk years ago??

Conserving oil is no longer an economic imperative for the US.

Growth of natural gas and other alternatives to petroleum has reduced the need for imported oil, which “in turn affects the need of the nation to conserve energy”, the US energy department said. It also cited fracking, which has unlocked shale oil reserves, for giving “the United States more flexibility than in the past to use our oil resources with less concern”.

https://www.theguardian.com/us-news/2018/aug/19/conserving-oil-no-longer-necessary-for-us-says-trump-administration

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Go to Top

Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.