And we’ve found a way to get it! Shale gas, once too difficult and expensive to extract, is now accessible through a process called hydro-fracturing or “Fracking.” According to Tony Hayward, BP’s chief executive, the natural gas reserves have risen to the equivalent of 1.2 trillion barrels of crude oil, or 60 years of the world’s energy requirements… and there’s a lot more to come. Best of all, the majority of the gas shale is in North America. We may have just dodged the next energy crisis bullet.
Category Archives: Energy