Gas Revolution No. 2: Canadian Shale

Some of the world’s largest oil companies are reinforcing analyst claims that Canada’s Horn River and Montney shale and tight gas formations have the potential to revolutionize that country’s gas future. A glut may be in the offing, but investors appear confident that gas will push aside coal in the U.S. power sector. Plans are even afoot that would see Canada join the ranks of the world’s LNG exporters.