Shale gas still an object lesson for miners

Supply and demand is at the heart of basic economics and that applies equally to commodities markets. Nowhere is that currently more apparent than in the gas market.

Norway Facing Shutdown of Oil and Gas Production

Norway, the largest producer of oil and gas in Western Europe, was on the brink of a large-scale industry shutdown on Monday that could cause an upturn in world petroleum prices, which lately have been softening because of slack economic demand.