Sunday, May 9, 2010

How Shale Gas Is Going to Rock the World
Huge discoveries of natural gas promise to shake up the energy markets and geopolitics. And that's just for starters.
by Amy Myers Jaffe
Wall Street Journal

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.

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