Monday, June 23, 2008

The Debts of the Spenders: Australian Gas Crisis Expected to Cut into Commodities Production

Expect schedules to be backlogged as a shortage of equipment and skilled personnel in the Australian natural gas industry mean generators will not be fully operational until December. Expect these logistical problems to contribute to already record commodity prices in industrial and precious metals.

http://www.bloomberg.com/apps/news?pid=20601109&sid=aKusim5MKZ5E&refer=home

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