Why the US should not Invest in Exporting Natural Gas
Investing
in natural gas export facilities “is a bet against what US firms excel
in—developing and commercializing new technologies and products,” says
economist Frank Wolak.With the advent of the “shale gas revolution,” the
United States has undergone a full-scale natural gas boom. Driven by
fracking and horizontal drilling, the United States will likely overtake
Russia as the world’s largest producer of natural gas by 2015,
according to the International Energy Agency.Now, as estimates of
available reserves…Read more...http://oilprice.com/Energy/Natural-Gas/Why-the-US-should-not-Invest-in-Exporting-Natural-Gas.html
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