Saturday, October 10, 2009

Gas Extraction Method Could Greatly Increase Global Supplies - NYTimes.com

One recent study by IHS Cambridge Energy Research Associates, a consulting group, calculated that the recoverable shale gas outside of North America could turn out to be equivalent to 211 years’ worth of natural gas consumption in the United States at the present level of demand, and maybe as much as 690 years. The low figure would represent a 50 percent increase in the world’s known gas reserves, and the high figure, a 160 percent increase.
Gas Extraction Method Could Greatly Increase Global Supplies - NYTimes.com
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