The world's projected natural gas supplies jumped 40percent last year. How is such a thing possible? Until a decadeago, experts believed that it would be technically infeasible toexploit the potential resource base of natural gas locked in 48shale basins in 32 countries around the world. Then horizontaldrilling combined with hydraulic fracturing, also known asfracking, was perfected. The shale gas rush was on, andlast year the U.S. Energy Information Administration (EIA) issuedan analysis revising its estimates of available natural gasdramatically upward.The ability to produce clean...
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