Shale Gas: The EU’s Energy Wunderwaffe?
August 27th, 2010The American natural gas sector has undergone a ‘quiet revolution’ in recent years spearheaded by new innovative drilling techniques. These have given greater access to unconventional gas supplies, particularly so-called shale gas. With these new supplies the American gas market has soared; shale gas is now responsible for about 20 per cent of total US gas production while back in 2000 it was still in single-digits.
