Europe's shale revolution

Paula dittrickSenior Staff WriterMany oil and gas companies eagerly are contemplating shale gas development in Europe and elsewhere, hoping to replicate the US gas model. But simply put, could heavily populated cities such as Paris realistically sustain the activities associated with an equivalent of the North Texas Barnett shale?The French government put its shale oil and gas research permits on hold pending completion in June of a joint study by Energy Minister Eric Besson and Environment Minister Nathalie Kosciusko-Morizet to evaluate the economic, social, and environmental effects of shale exploration (OGJ Online, Feb. 14, 2011).Analysts agree it's too early to have any idea how many ...

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