Daniel Yergin on the Shale Gas Revolution: Stepping on the Gas

Daniel Yergin on the Shale Gas Revolution – WSJ.com.

This article is a bit long, and not entertaining, but might be of some educational value in the area of US energy [future].

“… As late as 2000, shale gas was just 1% of American natural-gas supplies. Today, it is about 25% and could rise to 50% within two decades. Estimates of the entire natural-gas resource base, taking shale gas into account, are now as high as 2,500 trillion cubic feet, with a further 500 trillion cubic feet in Canada. That amounts to a more than 100-year supply of natural gas, which is used for everything from home heating and cooking to electric generation, industrial processes and petrochemical feedstocks.

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