Europe is looking with envy at the US shale revolution. UK Prime Minister David Cameron recently even said he was "pretty jealous" of the US, saying that the “huge benefits” of shale gas outweigh any “very minor change” to the landscape. In the US, however, the debate has moved ahead: although the economic benefits of the shale revolution are undeniable, the question is how long the shale oil and gas boom can last. Critical observers expect peak … [Read more...]
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