Texas, 1930. Columbus Marion Joiner has just struck gold. Or rather, black gold. He doesn’t know it yet, but he’d just made history. The East Texas Oil Field was the biggest oil discovery ever. The US had seen its fair share of oil discoveries since the 19th century, but...
Take a moment to think about the following phrase: “risk-free rate of return”. It’s part of the everyday language of finance – one of those terms bandied about so...
Boris has certainly had a change of heart. Just seven years ago he was shale’s biggest cheerleader, claiming that it would power Britain’s houses and create a boatload of...