Energy Environmental Blog

WaPo: The New Boom

Written by Greg Russell | Nov 23, 2012 8:17:35 PM

The Washington Post has a good article on shale development leading to a domestic industrial revival:  "The shale gas revolution is firing up an old-fashioned American industrial revival, breathing life into businesses such as petrochemicals and glass, steel and toys. *** These companies all rely heavily on natural gas. And across the country, companies like them are crediting the sudden abundance of cheap natural gas for revving up their U.S. operations. Thanks to new applications of drilling technology to unlock natural gas trapped in shale rock, the nation’s output has surged and energy experts almost unanimously forecast that prices will remain low or moderate for a generation."

Very interesting.  Read it all.  Really.