Wednesday, May 12, 2010

Shale Gas Will Rock the World

[HT:MH]

There's an energy revolution brewing right under our feet. Over the past decade, a wave of drilling around the world has uncovered giant supplies of natural gas in shale rock. By some estimates, there's 1,000 trillion cubic feet recoverable in North America alone—enough to supply the nation's natural-gas needs for the next 45 years. Europe may have nearly 200 trillion cubic feet of its own. [Note the disparity: 5x in N. America]

We've always known the potential of shale; we just didn't have the technology to get to it at a low enough cost.

Now we do...

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1 comment:

CLadd said...

Those interested in learning more about developments in European shales may wish to visit http://www.shalegasforeurope.com