Fracking has become a victim of its own success. The industry in the U.S. has grown very fast. In 2008, U.S. oil production was running at five million barrels a day. Thanks to fracking, that figure has nearly doubled, with talk of U.S.
Arabica coffee beans — by far the most popular variety of coffee — are now fetching around $2 a pound on the world market. That’s nearly double the price of a year ago. There are several factors that seem to be driving the market upwards.