| Report | 28 September 2010 |
The Shale Gas revolution: hype and reality
Chatham House
The recent ‘shale gas revolution’ in the United States has created huge uncertainties for international gas markets hat are likely to inhibit investment in gas – both conventional nd unconventional – and in many renewables. If the revolution continues in the US and extends to the rest of the world, energy consumers can anticipate a future dominated by cheap gas. However, if it falters and the current hype about shale gas proves an illusion, the world ill face serious gas shortages in the medium term.
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