Fossil fuels hold their head high in the United States. Europe just became aware of it. The discovery and the commissioning of shale gas deposits attracted much interest, because they represented a technological challenge, but they had no major impact outside of the US. The construction of LNG terminals has recently been authorized and will allow the United States to become exporters. But evolution is slow. Meanwhile, several consequences will result from the emergence of unconventional oil.

Three large deposits were discovered and put into operation in 2006: Eagleford in Texas, Permian between Texas and Arizona, and Bakken in North ...

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L’INSEE vient de publier sa première estimation de la croissance de l’économie française pour le premier trimestre : +0,6%. Ce chiffre, supérieur aux attentes, a été salué par des commentaires optimistes, voire enthousiastes, qui sont loin d’être justifiés. D’abord, l’estimation s’accompagne d’une révision en baisse du résultat du 4^ème trimestre : 0%. L’économie française a fini l’année 2014 à l’arrêt, et la conséquence a été immédiate sur l’emploi. Ensuite et surtout, le rebond, et l’INSEE le reconnait, r ...

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The latest and most representative figures concerning French economy have been released a week ago: housing construction, consumer goods, industrial production, fiscal situation, and international trade. They provide a more accurate picture of the situation in the first quarter of 2015 and the trend for this year. But these figures do not suggest a return to growth in France that is to say to a significant level of growth able to stabilize unemployment if not to reduce it.  The optimistic speeches of economists must be relativized. Of course, a 1% growth rate shows some improvement compared to the past stagnation ...

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