Energy Environmental Blog

WSJ: Shale Boom

Written by Greg Russell | Oct 22, 2011 4:05:42 PM

The WSJ has an interesting article on how shale operations are impacting the industry:  "Shale discoveries have reinvigorated U.S. oil and gas production that just half a dozen years ago was widely seen as in terminal decline. Today, there is a glut of cheap natural gas, and domestic oil production is rising for the first time in decades. Shale development is even spreading to other countries, such as Poland and Argentina."