Not Logged In Log In   Sign Up   Points Leaders
Follow Us    9:46 PM

GasBuddy News Article

40
votes
US sees $90bn boost from shale gas boom

FT -- Manufacturers have announced more than $90bn worth of investments in the US to take advantage of its cheap natural gas, according to new calculations, underlining how the shale revolution appears to be driving the country’s industrial renaissance.

Petrochemicals, fuel, fertiliser and steel companies are among those that have committed to or are considering multibillion dollar investments based on their ability to source cheap energy and feedstocks.

The US investment boom has caused concern among manufacturers in Europe, who fear they will find it difficult to compete in energy-intensive sectors. The British government set out an attempt to launch its own shale gas industry last week to help revive the moribund economy.

The shale boom is reinforcing other trends that are also increasing


Read the Full Article

Submitted Dec 15, 2012 By: skb69sa
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: US sees $90bn boost from shale gas boom Back to Topics
REPLIES (newest first) Post a Reply
DanMtz
Champion Author Oakland

Posts:6,728
Points:2,053,065
Joined:Oct 2009
Message Posted: Dec 16, 2012 10:38:38 AM

Great, just don't let the powers that be mess it up.
honda0105
Champion Author Tallahassee

Posts:24,300
Points:2,435,365
Joined:Nov 2008
Message Posted: Dec 16, 2012 7:46:50 AM

Buddy: there will never be true energy INDEpendence. We will just decrease our dependence on imports.
jrs4125
Champion Author Indiana

Posts:4,993
Points:1,374,240
Joined:Sep 2011
Message Posted: Dec 16, 2012 4:16:19 AM

How long will this boom last?
tomok
Champion Author Portland

Posts:46,765
Points:3,168,210
Joined:Aug 2006
Message Posted: Dec 16, 2012 3:10:40 AM

US sees $90bn boost from shale gas boom and what is the quality and condition of the underground water when all of the natural gas is gone and the oil and natural gas companies have moved on?
Whatever the size or shape of the vehicle, vehicle manufactures Produce and the population ‘Drives’ vehicles with high MPG, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money.
The price of fuel at the pump is too high!
XII/XXII/MMXII!
SkooterG
Champion Author Phoenix

Posts:4,003
Points:1,107,175
Joined:May 2012
Message Posted: Dec 16, 2012 2:58:30 AM

Interesting. What a quick turnaround. What will be the long term ramifications and consequences?
Dodge_Me
Champion Author Atlanta

Posts:2,222
Points:1,178,040
Joined:Mar 2006
Message Posted: Dec 16, 2012 12:37:34 AM

Just as long as they're doing it safely
snky2k
Champion Author Indianapolis

Posts:3,659
Points:1,076,145
Joined:Mar 2012
Message Posted: Dec 16, 2012 12:23:18 AM

The times, they are a changin'.
crreed1
Champion Author West Virginia

Posts:5,141
Points:3,245,085
Joined:May 2005
Message Posted: Dec 16, 2012 12:14:56 AM

old news
DimitrisIL
Champion Author Chicago

Posts:2,227
Points:1,068,470
Joined:Feb 2011
Message Posted: Dec 16, 2012 12:13:41 AM

Great alternative!
rahcat
Champion Author Grand Rapids

Posts:6,105
Points:1,493,450
Joined:Jan 2010
Message Posted: Dec 16, 2012 12:11:16 AM

Go CNG.
CarefreeVT
Champion Author Burlington

Posts:2,079
Points:352,795
Joined:Aug 2012
Message Posted: Dec 16, 2012 12:10:02 AM

At least this has nothing to do with Ct...
malfrog1
Champion Author South Bend

Posts:5,480
Points:1,336,110
Joined:Feb 2011
Message Posted: Dec 16, 2012 12:09:44 AM

Good deal
unicornpmb
Champion Author Buffalo

Posts:11,864
Points:2,460,095
Joined:Sep 2005
Message Posted: Dec 16, 2012 12:08:49 AM

Great.
boatfloyd
Champion Author Jacksonville

Posts:5,133
Points:1,197,040
Joined:Mar 2012
Message Posted: Dec 16, 2012 12:08:44 AM

Oil everywhere.
Glock26
Champion Author Dayton

Posts:4,756
Points:1,409,035
Joined:Mar 2011
Message Posted: Dec 16, 2012 12:07:42 AM

Bull!!!
naspa
Champion Author Cleveland

Posts:4,785
Points:1,184,325
Joined:Jan 2012
Message Posted: Dec 16, 2012 12:06:57 AM

3 day post. I guess everybody is focused on that senseless massacre in CT.
HA4CNN
Champion Author Toronto

Posts:8,762
Points:2,306,115
Joined:Dec 2006
Message Posted: Dec 16, 2012 12:06:18 AM

More Government revenue for the future.
cheaper0ON
Champion Author Ontario

Posts:4,310
Points:1,228,155
Joined:Jan 2012
Message Posted: Dec 16, 2012 12:05:06 AM

Hmmm...
Geo4564
Champion Author Nevada

Posts:13,418
Points:2,398,345
Joined:Aug 2007
Message Posted: Dec 16, 2012 12:03:42 AM

I hope more cars & trucks will be NG powered.
keithyoon1977
Champion Author Virginia

Posts:4,683
Points:1,294,570
Joined:Dec 2011
Message Posted: Dec 16, 2012 12:03:23 AM

ok
LocalSpyGuy
Champion Author Tampa

Posts:11,124
Points:2,391,605
Joined:Nov 2008
Message Posted: Dec 16, 2012 12:02:50 AM

Unfortunately, it will have little impact on gas prices.
JasTheAce
Champion Author Raleigh

Posts:4,275
Points:993,860
Joined:Nov 2012
Message Posted: Dec 16, 2012 12:02:46 AM

hmmm
ManOfLeisureII
Champion Author Philadelphia

Posts:5,147
Points:1,264,890
Joined:Jan 2012
Message Posted: Dec 16, 2012 12:02:32 AM

Bring it on
clermont40miles
Champion Author Cincinnati

Posts:14,830
Points:2,575,820
Joined:Apr 2008
Message Posted: Dec 15, 2012 11:57:49 PM

Don't let the greenies stop the good news. Keep on producing.
suzmar
Champion Author Texas

Posts:3,497
Points:1,461,715
Joined:Jun 2006
Message Posted: Dec 15, 2012 11:57:37 PM

This is a step in the right direction, quit diverting money to "green" energy.
NAVYHM
All-Star Author Cleveland

Posts:761
Points:1,431,080
Joined:May 2008
Message Posted: Dec 15, 2012 11:57:15 PM

BIG OIL GREED & PROFITS ARE AT A ALL TIME HIGH... I'M SO SO HAPPY THAT SOME INVESTORS ARE MAKING HUGE-GANES DURING THESE TIMES... I HOPE THEY CHOKE ON A X-MAS COOKIE...
JaegerWMeister
Champion Author Twin Cities

Posts:1,314
Points:638,380
Joined:Mar 2012
Message Posted: Dec 15, 2012 11:54:55 PM

We have to keep the water clean
Number43
Champion Author Lexington

Posts:12,194
Points:2,447,615
Joined:Oct 2008
Message Posted: Dec 15, 2012 11:54:53 PM

Obummer will soon put a stop to that.
Tekkersmom57
Champion Author Syracuse

Posts:5,225
Points:1,523,965
Joined:May 2010
Message Posted: Dec 15, 2012 11:53:53 PM

Hopefully, more research will be done so that we can move in a positive direction.
RAC110
Champion Author Massachusetts

Posts:7,195
Points:2,123,870
Joined:Mar 2003
Message Posted: Dec 15, 2012 11:51:26 PM

needs to find more answers as it moves along
MinnesotaDJ
Champion Author Minnesota

Posts:6,760
Points:1,308,365
Joined:Feb 2010
Message Posted: Dec 15, 2012 11:47:52 PM

Really will just hurt us if you go on polluting the waters!
Is246
Champion Author Albuquerque

Posts:1,118
Points:888,265
Joined:Apr 2011
Message Posted: Dec 15, 2012 11:44:38 PM

This is the type of research the US should be doing.
humancry
Champion Author Michigan

Posts:4,784
Points:1,046,105
Joined:Nov 2006
Message Posted: Dec 15, 2012 11:42:03 PM

Lets See!
kymechanic
Champion Author Kentucky

Posts:1,159
Points:1,163,770
Joined:Mar 2011
Message Posted: Dec 15, 2012 11:41:28 PM

I hope it helps the economy.
hank1326
Champion Author Los Angeles

Posts:11,316
Points:2,480,285
Joined:Jun 2008
Message Posted: Dec 15, 2012 11:40:28 PM

Time will tell the truth.
Harry813
Champion Author Iowa

Posts:4,724
Points:1,369,195
Joined:Jul 2011
Message Posted: Dec 15, 2012 11:37:56 PM

I hope it's a good thing ?
bobcatfan
Champion Author Kentucky

Posts:4,174
Points:1,370,835
Joined:Apr 2011
Message Posted: Dec 15, 2012 11:35:46 PM

Here comes the push back...
listerone
Champion Author Boston

Posts:5,393
Points:1,568,975
Joined:Aug 2008
Message Posted: Dec 15, 2012 11:33:13 PM

Stop the drilling but collect the taxes...that the democrat Party way.
Dodge_Me
Champion Author Atlanta

Posts:2,222
Points:1,178,040
Joined:Mar 2006
Message Posted: Dec 15, 2012 11:33:07 PM

Good, we need this kind of income for our economy
5Golfer8
Champion Author Tucson

Posts:5,353
Points:1,081,290
Joined:Jun 2011
Message Posted: Dec 15, 2012 11:31:37 PM

Whats 90 dollars bn?
vibdata
Champion Author Massachusetts

Posts:5,141
Points:1,080,015
Joined:Nov 2005
Message Posted: Dec 15, 2012 11:31:11 PM

Smoke, mirrors. That's what that is. And trashing the country's countryside.
tco9436
Champion Author Connecticut

Posts:2,738
Points:1,419,510
Joined:Mar 2010
Message Posted: Dec 15, 2012 11:28:24 PM

OK
jrsva
Champion Author Virginia

Posts:13,440
Points:2,420,050
Joined:Jan 2006
Message Posted: Dec 15, 2012 11:28:16 PM

Fracking for gas is taking over the country. I sure hope it all works out favorably. We’re going to be in deep doodoo if the critics are right and the toxic fluids contaminate the water supply. Oil and gas are good and useful products but clean water is essential to life. It will be a bad tradeoff if we gain a great gas supply and have no water that is safe to drink.
rjoeh
Champion Author Michigan

Posts:10,434
Points:3,295,340
Joined:Jun 2004
Message Posted: Dec 15, 2012 11:25:51 PM

Hmmm maybe NAFTA was not such a great idea afterall!!!
BREW9
Champion Author Tampa

Posts:4,242
Points:3,721,310
Joined:Jun 2004
Message Posted: Dec 15, 2012 11:25:41 PM

good
tdc007
Champion Author Lexington

Posts:3,977
Points:1,163,255
Joined:Feb 2012
Message Posted: Dec 15, 2012 11:25:35 PM

Good
Dragnet
Champion Author Arizona

Posts:18,916
Points:3,687,480
Joined:Jul 2004
Message Posted: Dec 15, 2012 11:25:14 PM

This is until Obama gets his wild hair to screw it up.
PoohMcGoo
Champion Author Alabama

Posts:3,965
Points:1,492,195
Joined:Dec 2010
Message Posted: Dec 15, 2012 11:23:11 PM

Ok
fuelsaverMN
Champion Author Twin Cities

Posts:2,282
Points:559,080
Joined:Mar 2011
Message Posted: Dec 15, 2012 11:20:47 PM

"DRILL BABY DRILL............DRILL BABY DRILL............
fuelsaverMN
Champion Author Twin Cities

Posts:2,282
Points:559,080
Joined:Mar 2011
Message Posted: Dec 15, 2012 11:20:12 PM

I hope gas prices go down to $2.00 per gallon.
dave27johnson
Champion Author Chicago

Posts:2,752
Points:1,154,175
Joined:Feb 2012
Message Posted: Dec 15, 2012 11:18:36 PM

Great
Post a reply Back to Topics