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Saturday, July 23, 2011

US shale gas weakening Russian, Iranian petro-power

US shale gas weakening Russian, Iranian petro-power
Houston TX (SPX) Jul 22, 2011 - Rising U.S. natural gas production from shale formations has already played a critical role in weakening Russia's ability to wield an "energy weapon" over its European customers, and this trend will accelerate in the coming decades, according to a new Baker Institute study, "Shale Gas and U.S. National Security." The study, funded by the U.S. Department of Energy, projects that Russia's na ... more
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