Greece debt 143% of GDP. Forecast of 158% by yr end, 166% in '12. Deficit 10.5% of GDP in '10. EU has "strict" limit of 3%. Portugal debt to reach 101% of GDP this yr. The Irish north of 112%. Greek bonds paying over 17%. Any takers?
Japan, S. Korea 53% of current LNG to NG cap. Gorgon project in Australia - Exxon/Chevron/Shell - $50B to develop. India, China already paying $60B. '14 start. Up against Qatar. GTLS a consideration. LNG equipment.
Every 50 cent jump in gas prices takes $70B/y out of US economy. ~.5% GDP.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment