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GasBuddy News Article

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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


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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
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DanMtz
Champion Author Oakland

Posts:6,128
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Message Posted: Dec 16, 2012 10:38:38 AM

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

Posts:23,209
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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.
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jrs4125
Champion Author Indiana

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Message Posted: Dec 16, 2012 4:16:19 AM

How long will this boom last?
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tomok
Champion Author Portland

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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!
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SkooterG
Champion Author Phoenix

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Message Posted: Dec 16, 2012 2:58:30 AM

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

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Message Posted: Dec 16, 2012 12:37:34 AM

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

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Message Posted: Dec 16, 2012 12:23:18 AM

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

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Message Posted: Dec 16, 2012 12:14:56 AM

old news
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DimitrisIL
Champion Author Chicago

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Message Posted: Dec 16, 2012 12:13:41 AM

Great alternative!
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rahcat
Champion Author Grand Rapids

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Message Posted: Dec 16, 2012 12:11:16 AM

Go CNG.
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CarefreeVT
Champion Author Burlington

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Message Posted: Dec 16, 2012 12:10:02 AM

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

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Message Posted: Dec 16, 2012 12:09:44 AM

Good deal
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unicornpmb
Champion Author Buffalo

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Message Posted: Dec 16, 2012 12:08:49 AM

Great.
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boatfloyd
Champion Author Jacksonville

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Message Posted: Dec 16, 2012 12:08:44 AM

Oil everywhere.
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Glock26
Champion Author Dayton

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Message Posted: Dec 16, 2012 12:07:42 AM

Bull!!!
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naspa
Champion Author Cleveland

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Message Posted: Dec 16, 2012 12:06:57 AM

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

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Message Posted: Dec 16, 2012 12:06:18 AM

More Government revenue for the future.
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cheaper0ON
Champion Author Ontario

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Message Posted: Dec 16, 2012 12:05:06 AM

Hmmm...
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Geo4564
Champion Author Nevada

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Message Posted: Dec 16, 2012 12:03:42 AM

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

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Message Posted: Dec 16, 2012 12:03:23 AM

ok
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LocalSpyGuy
Champion Author Tampa

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Message Posted: Dec 16, 2012 12:02:50 AM

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

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Message Posted: Dec 16, 2012 12:02:46 AM

hmmm
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ManOfLeisureII
Champion Author Philadelphia

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Message Posted: Dec 16, 2012 12:02:32 AM

Bring it on
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clermont40miles
Champion Author Cincinnati

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Message Posted: Dec 15, 2012 11:57:49 PM

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

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Message Posted: Dec 15, 2012 11:57:37 PM

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

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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...
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JaegerWMeister
Champion Author Twin Cities

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Message Posted: Dec 15, 2012 11:54:55 PM

We have to keep the water clean
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Number43
Champion Author Lexington

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Message Posted: Dec 15, 2012 11:54:53 PM

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

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Message Posted: Dec 15, 2012 11:53:53 PM

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

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Message Posted: Dec 15, 2012 11:51:26 PM

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

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Message Posted: Dec 15, 2012 11:47:52 PM

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

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Message Posted: Dec 15, 2012 11:44:38 PM

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

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Message Posted: Dec 15, 2012 11:42:03 PM

Lets See!
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kymechanic
Champion Author Kentucky

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Message Posted: Dec 15, 2012 11:41:28 PM

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

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Message Posted: Dec 15, 2012 11:40:28 PM

Time will tell the truth.
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Harry813
Champion Author Iowa

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Message Posted: Dec 15, 2012 11:37:56 PM

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

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Message Posted: Dec 15, 2012 11:35:46 PM

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

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Message Posted: Dec 15, 2012 11:33:13 PM

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

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Message Posted: Dec 15, 2012 11:33:07 PM

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

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Message Posted: Dec 15, 2012 11:31:37 PM

Whats 90 dollars bn?
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vibdata
Champion Author Massachusetts

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Message Posted: Dec 15, 2012 11:31:11 PM

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

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Message Posted: Dec 15, 2012 11:28:24 PM

OK
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jrsva
Champion Author Virginia

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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.
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rjoeh
Champion Author Michigan

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Message Posted: Dec 15, 2012 11:25:51 PM

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

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Message Posted: Dec 15, 2012 11:25:41 PM

good
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tdc007
Champion Author Lexington

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Message Posted: Dec 15, 2012 11:25:35 PM

Good
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Dragnet
Champion Author Arizona

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Message Posted: Dec 15, 2012 11:25:14 PM

This is until Obama gets his wild hair to screw it up.
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PoohMcGoo
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Message Posted: Dec 15, 2012 11:23:11 PM

Ok
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fuelsaverMN
Champion Author Twin Cities

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Message Posted: Dec 15, 2012 11:20:47 PM

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

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Message Posted: Dec 15, 2012 11:20:12 PM

I hope gas prices go down to $2.00 per gallon.
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