In my casual browsing through the newyork based reuters surprised with the following statement: "But it just so happens that when the hard little bean that a former farmer from Northern India, Rajasthan in Particular, grows is ground up, it becomes an essential ingredient for mining oil and natural gas"
Halfway around the world, earnings are down for an oil services giant, Halliburton, because prices have risen for guar, the bean that the Indian farmers raise.
Halliburton’s loss was, in a rather significant way, Indian Farmer's gain — a rare victory for the littlest of the little guys in global trade. The increase in guar prices is helping to transform this part of the state of Rajasthan in northwestern India."
Wondering the details of the Fracking in US and Indian link, wait till tomorrow for the cover story post!! :)
Halfway around the world, earnings are down for an oil services giant, Halliburton, because prices have risen for guar, the bean that the Indian farmers raise.
Halliburton’s loss was, in a rather significant way, Indian Farmer's gain — a rare victory for the littlest of the little guys in global trade. The increase in guar prices is helping to transform this part of the state of Rajasthan in northwestern India."
Wondering the details of the Fracking in US and Indian link, wait till tomorrow for the cover story post!! :)
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