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Economy
ChinaÂ’s Shale Gas Dream
2013-01-26
h/t Instapundit
China is believed to hold the worldÂ’s largest reserves of shale gas, with the Ministry of Land and Resources estimates the country has 134 trillion cubic meters of shale gas with 25 tcm of this recoverable.
I do believe a shoe is descending on oil ticks.
Posted by:g(r)omgoru

#1  I hope for the Chinese (and us) that it is more than a hyped up dream. That could be a game changer with respect to the middle east. Plus a stable energy supply, at least for natural gas, could mean more stability for China, and less neocolonial type resource extraction in exotic places like Africa and Venezuela. Maybe not oil yet, but natural gas is pretty useful....
Posted by: Alaska Paul   2013-01-26 14:44  

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