Vast reserves of previously inaccessible oil and natural gas in U.S. rock formations, as well as new technology that enables us to recover those resources, may give the United States an energy boom and an edge in the global economy. It is estimated that it will take up to a decade for other countries to catch up technologically to match the United States in its ability to recover the resources. If fracking critics are incorrect and the resources can be safely recovered, the U.S. could be able to convert the country’s abundant supply of cheap gas into cheap electricity and a plastics raw material.
Read the full article here: Natural Gas: Putting the Pedal to the Metal
