North American dominance in shale gas could last 10 years

12/4/2012 | Wall Street Journal, The

Significant shale development outside the U.S. might not happen for 10 years, according to this analysis. Energy companies are facing challenges involving regulations, geology, mineral rights and infrastructure needs. "The mineral rights, the availability of small players to enter the market, the availability of geological data, these things are all part of an entrepreneurial model that is unique to the United States," says Julio Friedmann of Lawrence Livermore National Laboratory.

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Wall Street Journal, The

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