Not Logged In Log In   Sign Up   Points Leaders
Follow Us    6:31 AM

GasBuddy News Article

40
votes
US sees $90bn boost from shale gas boom

FT -- Manufacturers have announced more than $90bn worth of investments in the US to take advantage of its cheap natural gas, according to new calculations, underlining how the shale revolution appears to be driving the country’s industrial renaissance.

Petrochemicals, fuel, fertiliser and steel companies are among those that have committed to or are considering multibillion dollar investments based on their ability to source cheap energy and feedstocks.

The US investment boom has caused concern among manufacturers in Europe, who fear they will find it difficult to compete in energy-intensive sectors. The British government set out an attempt to launch its own shale gas industry last week to help revive the moribund economy.

The shale boom is reinforcing other trends that are also increasing


Read the Full Article

Submitted Dec 15, 2012 By: skb69sa
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: US sees $90bn boost from shale gas boom Back to Topics
REPLIES (newest first) Post a Reply
Profile Pic
DanMtz
Champion Author Oakland

Posts:5,037
Points:1,580,115
Joined:Oct 2009
Message Posted: Dec 16, 2012 10:38:38 AM

Great, just don't let the powers that be mess it up.
Profile Pic
honda0105
Champion Author Tallahassee

Posts:21,479
Points:1,947,740
Joined:Nov 2008
Message Posted: Dec 16, 2012 7:46:50 AM

Buddy: there will never be true energy INDEpendence. We will just decrease our dependence on imports.
Profile Pic
jrs4125
Champion Author Indiana

Posts:4,422
Points:926,345
Joined:Sep 2011
Message Posted: Dec 16, 2012 4:16:19 AM

How long will this boom last?
Profile Pic
tomok
Champion Author Portland

Posts:40,010
Points:2,683,385
Joined:Aug 2006
Message Posted: Dec 16, 2012 3:10:40 AM

US sees $90bn boost from shale gas boom and what is the quality and condition of the underground water when all of the natural gas is gone and the oil and natural gas companies have moved on?
Whatever the size or shape of the vehicle, vehicle manufactures Produce and the population ‘Drives’ vehicles with high MPG, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money.
The price of fuel at the pump is too high!
XII/XXII/MMXII!
Profile Pic
SkooterG
Champion Author Phoenix

Posts:2,342
Points:619,675
Joined:May 2012
Message Posted: Dec 16, 2012 2:58:30 AM

Interesting. What a quick turnaround. What will be the long term ramifications and consequences?
Profile Pic
Dodge_Me
Champion Author Atlanta

Posts:2,222
Points:804,940
Joined:Mar 2006
Message Posted: Dec 16, 2012 12:37:34 AM

Just as long as they're doing it safely
Profile Pic
snky2k
Champion Author Indianapolis

Posts:2,627
Points:617,015
Joined:Mar 2012
Message Posted: Dec 16, 2012 12:23:18 AM

The times, they are a changin'.
Profile Pic
crreed1
Champion Author West Virginia

Posts:3,591
Points:2,853,415
Joined:May 2005
Message Posted: Dec 16, 2012 12:14:56 AM

old news
Profile Pic
DimitrisIL
Champion Author Chicago

Posts:2,008
Points:736,590
Joined:Feb 2011
Message Posted: Dec 16, 2012 12:13:41 AM

Great alternative!
Profile Pic
rahcat
Champion Author Grand Rapids

Posts:4,350
Points:999,825
Joined:Jan 2010
Message Posted: Dec 16, 2012 12:11:16 AM

Go CNG.
Profile Pic
CarefreeVT
Champion Author Burlington

Posts:2,079
Points:344,195
Joined:Aug 2012
Message Posted: Dec 16, 2012 12:10:02 AM

At least this has nothing to do with Ct...
Profile Pic
malfrog1
Champion Author South Bend

Posts:3,864
Points:881,735
Joined:Feb 2011
Message Posted: Dec 16, 2012 12:09:44 AM

Good deal
Profile Pic
unicornpmb
Champion Author Buffalo

Posts:10,177
Points:1,967,470
Joined:Sep 2005
Message Posted: Dec 16, 2012 12:08:49 AM

Great.
Profile Pic
boatfloyd
Champion Author Jacksonville

Posts:3,417
Points:724,765
Joined:Mar 2012
Message Posted: Dec 16, 2012 12:08:44 AM

Oil everywhere.
Profile Pic
Glock26
Champion Author Dayton

Posts:3,135
Points:956,280
Joined:Mar 2011
Message Posted: Dec 16, 2012 12:07:42 AM

Bull!!!
Profile Pic
naspa
Champion Author Cleveland

Posts:3,026
Points:688,475
Joined:Jan 2012
Message Posted: Dec 16, 2012 12:06:57 AM

3 day post. I guess everybody is focused on that senseless massacre in CT.
Profile Pic
HA4CNN
Champion Author Toronto

Posts:7,095
Points:1,841,605
Joined:Dec 2006
Message Posted: Dec 16, 2012 12:06:18 AM

More Government revenue for the future.
Profile Pic
cheaper0ON
Champion Author Ontario

Posts:2,638
Points:733,430
Joined:Jan 2012
Message Posted: Dec 16, 2012 12:05:06 AM

Hmmm...
Profile Pic
Geo4564
Champion Author Nevada

Posts:10,140
Points:1,905,920
Joined:Aug 2007
Message Posted: Dec 16, 2012 12:03:42 AM

I hope more cars & trucks will be NG powered.
Profile Pic
keithyoon1977
Champion Author Virginia

Posts:3,460
Points:827,090
Joined:Dec 2011
Message Posted: Dec 16, 2012 12:03:23 AM

ok
Profile Pic
LocalSpyGuy
Champion Author Tampa

Posts:9,456
Points:1,919,890
Joined:Nov 2008
Message Posted: Dec 16, 2012 12:02:50 AM

Unfortunately, it will have little impact on gas prices.
Profile Pic
JasTheAce
Champion Author Raleigh

Posts:2,625
Points:508,575
Joined:Nov 2012
Message Posted: Dec 16, 2012 12:02:46 AM

hmmm
Profile Pic
ManOfLeisureII
Champion Author Philadelphia

Posts:3,528
Points:788,040
Joined:Jan 2012
Message Posted: Dec 16, 2012 12:02:32 AM

Bring it on
Profile Pic
clermont40miles
Champion Author Cincinnati

Posts:12,743
Points:2,106,925
Joined:Apr 2008
Message Posted: Dec 15, 2012 11:57:49 PM

Don't let the greenies stop the good news. Keep on producing.
Profile Pic
suzmar
Champion Author Texas

Posts:3,167
Points:1,185,490
Joined:Jun 2006
Message Posted: Dec 15, 2012 11:57:37 PM

This is a step in the right direction, quit diverting money to "green" energy.
Profile Pic
NAVYHM
All-Star Author Cleveland

Posts:761
Points:1,430,080
Joined:May 2008
Message Posted: Dec 15, 2012 11:57:15 PM

BIG OIL GREED & PROFITS ARE AT A ALL TIME HIGH... I'M SO SO HAPPY THAT SOME INVESTORS ARE MAKING HUGE-GANES DURING THESE TIMES... I HOPE THEY CHOKE ON A X-MAS COOKIE...
Profile Pic
JaegerWMeister
Champion Author Twin Cities

Posts:1,294
Points:581,680
Joined:Mar 2012
Message Posted: Dec 15, 2012 11:54:55 PM

We have to keep the water clean
Profile Pic
Number43
Champion Author Lexington

Posts:10,445
Points:1,976,365
Joined:Oct 2008
Message Posted: Dec 15, 2012 11:54:53 PM

Obummer will soon put a stop to that.
Profile Pic
Tekkersmom57
Champion Author Syracuse

Posts:3,532
Points:1,031,325
Joined:May 2010
Message Posted: Dec 15, 2012 11:53:53 PM

Hopefully, more research will be done so that we can move in a positive direction.
Profile Pic
RAC110
Champion Author Massachusetts

Posts:6,914
Points:2,041,870
Joined:Mar 2003
Message Posted: Dec 15, 2012 11:51:26 PM

needs to find more answers as it moves along
Profile Pic
MinnesotaDJ
Champion Author Minnesota

Posts:6,058
Points:1,062,220
Joined:Feb 2010
Message Posted: Dec 15, 2012 11:47:52 PM

Really will just hurt us if you go on polluting the waters!
Profile Pic
Is246
Champion Author Albuquerque

Posts:1,113
Points:624,090
Joined:Apr 2011
Message Posted: Dec 15, 2012 11:44:38 PM

This is the type of research the US should be doing.
Profile Pic
humancry
Champion Author Michigan

Posts:4,696
Points:1,019,495
Joined:Nov 2006
Message Posted: Dec 15, 2012 11:42:03 PM

Lets See!
Profile Pic
kymechanic
Champion Author Kentucky

Posts:1,099
Points:831,720
Joined:Mar 2011
Message Posted: Dec 15, 2012 11:41:28 PM

I hope it helps the economy.
Profile Pic
hank1326
Champion Author Los Angeles

Posts:10,279
Points:2,048,710
Joined:Jun 2008
Message Posted: Dec 15, 2012 11:40:28 PM

Time will tell the truth.
Profile Pic
Harry813
Champion Author Iowa

Posts:4,559
Points:992,870
Joined:Jul 2011
Message Posted: Dec 15, 2012 11:37:56 PM

I hope it's a good thing ?
Profile Pic
bobcatfan
Champion Author Kentucky

Posts:2,775
Points:918,210
Joined:Apr 2011
Message Posted: Dec 15, 2012 11:35:46 PM

Here comes the push back...
Profile Pic
listerone
Champion Author Boston

Posts:4,554
Points:1,172,275
Joined:Aug 2008
Message Posted: Dec 15, 2012 11:33:13 PM

Stop the drilling but collect the taxes...that the democrat Party way.
Profile Pic
Dodge_Me
Champion Author Atlanta

Posts:2,222
Points:804,940
Joined:Mar 2006
Message Posted: Dec 15, 2012 11:33:07 PM

Good, we need this kind of income for our economy
Profile Pic
5Golfer8
Champion Author Tucson

Posts:3,787
Points:631,935
Joined:Jun 2011
Message Posted: Dec 15, 2012 11:31:37 PM

Whats 90 dollars bn?
Profile Pic
vibdata
Champion Author Massachusetts

Posts:4,985
Points:1,028,555
Joined:Nov 2005
Message Posted: Dec 15, 2012 11:31:11 PM

Smoke, mirrors. That's what that is. And trashing the country's countryside.
Profile Pic
tco9436
Champion Author Connecticut

Posts:2,488
Points:1,011,760
Joined:Mar 2010
Message Posted: Dec 15, 2012 11:28:24 PM

OK
Profile Pic
jrsva
Champion Author Virginia

Posts:11,693
Points:1,949,875
Joined:Jan 2006
Message Posted: Dec 15, 2012 11:28:16 PM

Fracking for gas is taking over the country. I sure hope it all works out favorably. We’re going to be in deep doodoo if the critics are right and the toxic fluids contaminate the water supply. Oil and gas are good and useful products but clean water is essential to life. It will be a bad tradeoff if we gain a great gas supply and have no water that is safe to drink.
Profile Pic
rjoeh
Champion Author Michigan

Posts:8,751
Points:2,805,850
Joined:Jun 2004
Message Posted: Dec 15, 2012 11:25:51 PM

Hmmm maybe NAFTA was not such a great idea afterall!!!
Profile Pic
BREW9
Champion Author Tampa

Posts:2,547
Points:3,249,205
Joined:Jun 2004
Message Posted: Dec 15, 2012 11:25:41 PM

good
Profile Pic
tdc007
Champion Author Lexington

Posts:2,566
Points:706,705
Joined:Feb 2012
Message Posted: Dec 15, 2012 11:25:35 PM

Good
Profile Pic
Dragnet
Champion Author Arizona

Posts:17,135
Points:3,231,680
Joined:Jul 2004
Message Posted: Dec 15, 2012 11:25:14 PM

This is until Obama gets his wild hair to screw it up.
Profile Pic
PoohMcGoo
Champion Author Alabama

Posts:3,567
Points:1,075,535
Joined:Dec 2010
Message Posted: Dec 15, 2012 11:23:11 PM

Ok
Profile Pic
fuelsaverMN
Champion Author Twin Cities

Posts:2,282
Points:559,080
Joined:Mar 2011
Message Posted: Dec 15, 2012 11:20:47 PM

"DRILL BABY DRILL............DRILL BABY DRILL............
Profile Pic
fuelsaverMN
Champion Author Twin Cities

Posts:2,282
Points:559,080
Joined:Mar 2011
Message Posted: Dec 15, 2012 11:20:12 PM

I hope gas prices go down to $2.00 per gallon.
Post a reply Back to Topics