Monday, December 3, 2012

Very, Very Interesting: Global Gas Push Stalls -- WSJ

This is the front page story, above the fold, in the WSJ today:
Exporting the US shale energy revolution overseas turns out to be far tougher than anyone expected -- giving the US a significant competitive advantage.

Shale oil and natural gas have rejuvenated the North American energy industry and boosted the economy by supplying companies and consumers with cheap fuel. There are huge shale deposits outside of North America that global energy companies and governments are eager to tap.

But...
And that's where it gets interesting. The MDW has posted earlier stories that suggested all was not so rosy overseas.

Go to the link for the full story.

2 comments:

  1. The same faux environmentalist group that tried to get a lizard declared endangered and failed now has new concerns. The war against hydrocarbons continues.

    http://hotair.com/archives/2012/12/02/wed-better-stop-drilling-to-save-this-bird/

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