oil price heading lower due to u.s. shale gas , page-8

no natural gas acquired by frac drilling shale formations.

there can be some environmental concerns regarding contamination of water, however in the majority of cases these can be largely avoided.

on the other hand, it provides an energy source that is 50% cleaner than coal, and 30% cleaner than oil.


some articles of interest

key shale deals since 2009:


shale gas will rock the world:

http://online.wsj.com/article/SB10001424052702303491304575187880596301668.html?mod=rss_Today%27s_Most_Popular


http://www.reuters.com/article/idUSLDE64A1DY20100511?type=marketsNews