The ChamberPost A Blog for Business

Report: Shale Energy Boom to Continue for Decades

Dec 17, 2013

Shale energy production will “continue to lift domestic supply and reshape the U.S. energy economy” and will result in near-historic levels of domestic crude oil production, higher levels of natural gas production, and dramatically reduce our reliance on imported energy, a new federal government report finds.

Low Import Duty Trigger Puts U.S. at a Disadvantage

Dec 16, 2013

I recently ordered a suit from Marks & Spencer in London.  The item was delivered promptly, as advertised, and, at just over $200, provided good value for what I paid.  But what I did not expect was the duty and customs bill that followed just a week later for $35.  While modest in absolute terms, this customs bill added more than 15% to the cost of what I purchased.