HomeMagazine2014September 2014, Vol. 241, No. 9Crude, Natural Gas from Shale Means More Than Ample Supply

September 2014, Vol. 241, No. 9

From the Burner Tip

Crude, Natural Gas from Shale Means More Than Ample Supply

Call it a revolution – an energy revolution! The new supplies of natural gas and crude oil that are coming from shale deposits have a greater meaning than just ample supply for an energy-hungry world. Its overall impact will change transportation and distribution infrastructures, it can change a country’s overall energy balance and in all likelihood, it will change the economics of oil and natural gas! Hydrocarbon production from shale reservoirs is not really new. Some of the earliest oil productions were shale plays. What is new – thanks to some drilling and production techniques like horizontal drilling and “hydraulic fracturing” – the tech

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