GasBuddy Blog

GasBuddy News Article

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

Back To News

Category: Daily News Article Discussions > Topics	Add to favorite topics

Author	Topic: US sees $90bn boost from shale gas boom	Post a Reply Back to Topics

REPLIES (newest first)Ignore Short Messages

First

Next Last

DanMtz Champion Author Oakland Posts:3,496 Points:1,271,125 Joined:Oct 2009	Message Posted: Dec 16, 2012 9:38:38 AM Ignore DanMtz Report Abuse Great, just don't let the powers that be mess it up.
honda0105 Champion Author Tallahassee Posts:18,828 Points:1,637,220 Joined:Nov 2008	Message Posted: Dec 16, 2012 6:46:50 AM Ignore honda0105 Report Abuse Buddy: there will never be true energy INDEpendence. We will just decrease our dependence on imports.
jrs4125 Champion Author Indiana Posts:2,898 Points:619,445 Joined:Sep 2011	Message Posted: Dec 16, 2012 3:16:19 AM Ignore jrs4125 Report Abuse How long will this boom last?
tomok Champion Author Portland Posts:33,595 Points:2,373,210 Joined:Aug 2006	Message Posted: Dec 16, 2012 2:10:40 AM Ignore tomok Report Abuse 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!
SkooterG Champion Author Phoenix Posts:1,369 Points:344,185 Joined:May 2012	Message Posted: Dec 16, 2012 1:58:30 AM Ignore SkooterG Report Abuse Interesting. What a quick turnaround. What will be the long term ramifications and consequences?
Dodge_Me Champion Author Atlanta Posts:2,214 Points:576,480 Joined:Mar 2006	Message Posted: Dec 15, 2012 11:37:34 PM Ignore Dodge_Me Report Abuse Just as long as they're doing it safely
snky2k Champion Author Indianapolis Posts:1,523 Points:330,590 Joined:Mar 2012	Message Posted: Dec 15, 2012 11:23:18 PM Ignore snky2k Report Abuse The times, they are a changin'.
crreed1 Champion Author West Virginia Posts:2,100 Points:2,550,715 Joined:May 2005	Message Posted: Dec 15, 2012 11:14:56 PM Ignore crreed1 Report Abuse old news
DimitrisIL Champion Author Chicago Posts:1,541 Points:542,025 Joined:Feb 2011	Message Posted: Dec 15, 2012 11:13:41 PM Ignore DimitrisIL Report Abuse Great alternative!
rahcat Champion Author Grand Rapids Posts:2,681 Points:689,900 Joined:Jan 2010	Message Posted: Dec 15, 2012 11:11:16 PM Ignore rahcat Report Abuse Go CNG.
CarefreeVT Champion Author Burlington Posts:1,901 Points:282,230 Joined:Aug 2012	Message Posted: Dec 15, 2012 11:10:02 PM Ignore CarefreeVT Report Abuse At least this has nothing to do with Ct...
malfrog1 Champion Author South Bend Posts:2,341 Points:576,935 Joined:Feb 2011	Message Posted: Dec 15, 2012 11:09:44 PM Ignore malfrog1 Report Abuse Good deal
unicornpmb Champion Author Buffalo Posts:8,631 Points:1,657,215 Joined:Sep 2005	Message Posted: Dec 15, 2012 11:08:49 PM Ignore unicornpmb Report Abuse Great.
boatfloyd Champion Author Jacksonville Posts:1,858 Points:415,675 Joined:Mar 2012	Message Posted: Dec 15, 2012 11:08:44 PM Ignore boatfloyd Report Abuse Oil everywhere.
Glock26 Champion Author Dayton Posts:1,654 Points:658,135 Joined:Mar 2011	Message Posted: Dec 15, 2012 11:07:42 PM Ignore Glock26 Report Abuse Bull!!!
naspa Champion Author Cleveland Posts:1,412 Points:379,625 Joined:Jan 2012	Message Posted: Dec 15, 2012 11:06:57 PM Ignore naspa Report Abuse 3 day post. I guess everybody is focused on that senseless massacre in CT.
HA4CNN Champion Author Toronto Posts:5,760 Points:1,570,990 Joined:Dec 2006	Message Posted: Dec 15, 2012 11:06:18 PM Ignore HA4CNN Report Abuse More Government revenue for the future.
cheaper0ON Champion Author Ontario Posts:1,123 Points:425,755 Joined:Jan 2012	Message Posted: Dec 15, 2012 11:05:06 PM Ignore cheaper0ON Report Abuse Hmmm...
Geo4564 Champion Author Nevada Posts:7,062 Points:1,596,545 Joined:Aug 2007	Message Posted: Dec 15, 2012 11:03:42 PM Ignore Geo4564 Report Abuse I hope more cars & trucks will be NG powered.
keithyoon1977 Champion Author Virginia Posts:2,050 Points:523,190 Joined:Dec 2011	Message Posted: Dec 15, 2012 11:03:23 PM Ignore keithyoon1977 Report Abuse ok
LocalSpyGuy Champion Author Tampa Posts:7,941 Points:1,612,875 Joined:Nov 2008	Message Posted: Dec 15, 2012 11:02:50 PM Ignore LocalSpyGuy Report Abuse Unfortunately, it will have little impact on gas prices.
JasTheAce Champion Author Raleigh Posts:1,110 Points:200,035 Joined:Nov 2012	Message Posted: Dec 15, 2012 11:02:46 PM Ignore JasTheAce Report Abuse hmmm
ManOfLeisureII Champion Author Philadelphia Posts:2,015 Points:481,100 Joined:Jan 2012	Message Posted: Dec 15, 2012 11:02:32 PM Ignore ManOfLeisureII Report Abuse Bring it on
clermont40miles Champion Author Cincinnati Posts:10,754 Points:1,799,595 Joined:Apr 2008	Message Posted: Dec 15, 2012 10:57:49 PM Ignore clermont40miles Report Abuse Don't let the greenies stop the good news. Keep on producing.
suzmar Champion Author Texas Posts:2,223 Points:896,935 Joined:Jun 2006	Message Posted: Dec 15, 2012 10:57:37 PM Ignore suzmar Report Abuse This is a step in the right direction, quit diverting money to "green" energy.
NAVYHM All-Star Author Cleveland Posts:761 Points:1,405,955 Joined:May 2008	Message Posted: Dec 15, 2012 10:57:15 PM Ignore NAVYHM Report Abuse 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...
JaegerWMeister All-Star Author Twin Cities Posts:910 Points:365,115 Joined:Mar 2012	Message Posted: Dec 15, 2012 10:54:55 PM Ignore JaegerWMeister Report Abuse We have to keep the water clean
Number43 Champion Author Lexington Posts:8,849 Points:1,665,870 Joined:Oct 2008	Message Posted: Dec 15, 2012 10:54:53 PM Ignore Number43 Report Abuse Obummer will soon put a stop to that.
Tekkersmom57 Champion Author Syracuse Posts:2,019 Points:728,890 Joined:May 2010	Message Posted: Dec 15, 2012 10:53:53 PM Ignore Tekkersmom57 Report Abuse Hopefully, more research will be done so that we can move in a positive direction.
RAC110 Champion Author Massachusetts Posts:6,052 Points:1,872,330 Joined:Mar 2003	Message Posted: Dec 15, 2012 10:51:26 PM Ignore RAC110 Report Abuse needs to find more answers as it moves along
MinnesotaDJ Champion Author Minnesota Posts:4,857 Points:797,280 Joined:Feb 2010	Message Posted: Dec 15, 2012 10:47:52 PM Ignore MinnesotaDJ Report Abuse Really will just hurt us if you go on polluting the waters!
Is246 Champion Author Albuquerque Posts:1,044 Points:443,535 Joined:Apr 2011	Message Posted: Dec 15, 2012 10:44:38 PM Ignore Is246 Report Abuse This is the type of research the US should be doing.
humancry Champion Author Michigan Posts:4,620 Points:1,003,470 Joined:Nov 2006	Message Posted: Dec 15, 2012 10:42:03 PM Ignore humancry Report Abuse Lets See!
kymechanic All-Star Author Kentucky Posts:926 Points:591,010 Joined:Mar 2011	Message Posted: Dec 15, 2012 10:41:28 PM Ignore kymechanic Report Abuse I hope it helps the economy.
hank1326 Champion Author Los Angeles Posts:9,045 Points:1,761,020 Joined:Jun 2008	Message Posted: Dec 15, 2012 10:40:28 PM Ignore hank1326 Report Abuse Time will tell the truth.
Harry813 Champion Author Iowa Posts:3,140 Points:689,340 Joined:Jul 2011	Message Posted: Dec 15, 2012 10:37:56 PM Ignore Harry813 Report Abuse I hope it's a good thing ?
bobcatfan Champion Author Kentucky Posts:1,708 Points:641,775 Joined:Apr 2011	Message Posted: Dec 15, 2012 10:35:46 PM Ignore bobcatfan Report Abuse Here comes the push back...
listerone Champion Author Boston Posts:3,490 Points:904,490 Joined:Aug 2008	Message Posted: Dec 15, 2012 10:33:13 PM Ignore listerone Report Abuse Stop the drilling but collect the taxes...that the democrat Party way.
Dodge_Me Champion Author Atlanta Posts:2,214 Points:576,480 Joined:Mar 2006	Message Posted: Dec 15, 2012 10:33:07 PM Ignore Dodge_Me Report Abuse Good, we need this kind of income for our economy
5Golfer8 Champion Author Tucson Posts:2,263 Points:326,925 Joined:Jun 2011	Message Posted: Dec 15, 2012 10:31:37 PM Ignore 5Golfer8 Report Abuse Whats 90 dollars bn?
vibdata Champion Author Massachusetts Posts:4,181 Points:866,235 Joined:Nov 2005	Message Posted: Dec 15, 2012 10:31:11 PM Ignore vibdata Report Abuse Smoke, mirrors. That's what that is. And trashing the country's countryside.
tco9436 Champion Author Connecticut Posts:1,807 Points:743,650 Joined:Mar 2010	Message Posted: Dec 15, 2012 10:28:24 PM Ignore tco9436 Report Abuse OK
jrsva Champion Author Virginia Posts:9,999 Points:1,639,950 Joined:Jan 2006	Message Posted: Dec 15, 2012 10:28:16 PM Ignore jrsva Report Abuse 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.
rjoeh Champion Author Michigan Posts:7,207 Points:2,497,165 Joined:Jun 2004	Message Posted: Dec 15, 2012 10:25:51 PM Ignore rjoeh Report Abuse Hmmm maybe NAFTA was not such a great idea afterall!!!
BREW9 Champion Author Tampa Posts:1,020 Points:2,939,660 Joined:Jun 2004	Message Posted: Dec 15, 2012 10:25:41 PM Ignore BREW9 Report Abuse good
tdc007 Champion Author Lexington Posts:1,253 Points:410,555 Joined:Feb 2012	Message Posted: Dec 15, 2012 10:25:35 PM Ignore tdc007 Report Abuse Good
Dragnet Champion Author Arizona Posts:15,548 Points:2,934,510 Joined:Jul 2004	Message Posted: Dec 15, 2012 10:25:14 PM Ignore Dragnet Report Abuse This is until Obama gets his wild hair to screw it up.
PoohMcGoo Champion Author Alabama Posts:3,127 Points:823,185 Joined:Dec 2010	Message Posted: Dec 15, 2012 10:23:11 PM Ignore PoohMcGoo Report Abuse Ok
fuelsaverMN Champion Author Twin Cities Posts:2,282 Points:559,080 Joined:Mar 2011	Message Posted: Dec 15, 2012 10:20:47 PM Ignore fuelsaverMN Report Abuse "DRILL BABY DRILL............DRILL BABY DRILL............
fuelsaverMN Champion Author Twin Cities Posts:2,282 Points:559,080 Joined:Mar 2011	Message Posted: Dec 15, 2012 10:20:12 PM Ignore fuelsaverMN Report Abuse I hope gas prices go down to $2.00 per gallon.