There are major differences within these groups, however, on whether to utilize shale resources.
The challenge is this: the United States has embraced shale gas and the technique of fracking.
However, Obama may not unleash significant volumes of cheap US shale gas onto the LNG market.
Shale gas will be a benefit mainly for U.S. householders, and secondarily for electric power producers.
Ever-more-available shale gas brought a cheap and reliable alternative route to domestically fuelled electricity.
There is no credible data indicating that fracturing of shale formations has ever contaminated drinking water.
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Shell signed the first production-sharing contract to explore, develop and produce shale gas in China.
The state government is reviewing the environmental impact of drilling in the Marcellus Shale.
The shale gas enthusiasm has been inspired partly by an advertising campaign financed by T.
The first is IOCs will increasingly get into wets to offset dry shale economics.
And they applaud the government's decision to offer cash sweeteners to people near shale gas facilities.
Jobs are being created in the states located above the numerous American shale deposits.
As domestic solar crashed, the green swan of shale gas took wing.
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Leading growth areas in the U.S. are the Marcellus, Haynesville and Eagle Ford shale plays.
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The shale acts as both the source and the reservoir for the natural gas.
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Prof Jackson says that transparency is key to successfully developing the shale gas industry.
Murphy also recently established a big position in the Eagle Ford shale region of Texas.
But the long term economic impact shale gas is expected to have on Ohio is significant.
Still, Jereh has about half the market share for shale gas equipment in China.
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To the contrary, investment capital will find profitable shale-gas production opportunities wherever they exist.
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Would they be happy letting BP develop indigenous Chinese shale and tight oil plays?
Since then, we discovered huge reservoirs that can be coaxed from common shale formations worldwide.
This is not to say that Europe has no shale efforts in their future.
The pay section includes the Lower Marcellus Shale, Purcell Limestone, and Upper Marcellus Shale.
Michael Brune, head of the Sierra Club, said the negative impact of shale fracking is underestimated.
Consider the debate over whether EPA has the authority to oversee shale gas production.
First the Eagle Ford shale, then newer areas like the Mississippi Lime and Permian Basin.
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It also has on-going shale gas projects in Argentina, Canada, Columbia, Germany and Poland.
The region has been through several oil shale booms and busts over the last century.
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Shale gas is expected to supply 45% of the U.S. market by 2025.
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