If you didn’t know already, the U.S. and many other parts of the world are amidst an epic energy boom that has sent natural gas prices tumbling.  One back-of-the envelope calculation suggests that consumers have benefited to the tune of more than $100 billion (that’s a lot); another suggests it’s more like $300 billion annually (that’s even more).

So, with that in mind, which group of graduates on average do you think earned a higher starting salary last year — those from Harvard University or those from the South Dakota School of Mines & Technology?

Answer here, if you haven’t already guessed.

Plenty more at the Mark Perry’s blog.

2 thoughts on “People, It is a Commodities Boom”

  1. These two sentences in your link do not add up…unless miners retire a lot earlier than the rest of us!

    “By 2011, [employment] had rebounded to 40,000. As many as 78,000 additional U.S. workers will be needed by 2019 to replace retirees.”

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