Deloitte: Shale gas, oil potential increasingly apparent

05/27/2013
Oil and gas production from tight shale formations clearly is a long-term phenomenon and not a short-term trend, Deloitte LLP officials told reporters. The financial services company found growing confidence in unconventional energy resources in an industry survey it conducted last year, said John England, a vice-chairman and leader of its oil and gas practice. "Huge investments are flowing into this sector from previously unheard from sources," he said on May 21 during Deloitte's 2013 Washington Energy Conference at nearby National Harbor, Md. "It's a reason so many foreign companies have come into the US. Investment recently has flowed to midstream infrastructure, but the...
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