North American leads the world in production of shale gas

The United States and Canada are the only major producers of commercially viable natural gas from shale formations in the world, even though about a dozen other countries have conducted exploratory test wells, according to a joint U.S. Energy Information Administration (EIA)/Advanced Resources International (ARI) study released in June. Full...

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The Tuscaloosa Marine Shale: America’s next “hot money” oil play?

The Tuscaloosa Marine Shale:  America’s next “hot money” oil  play? You know what makes the Bakken oil play so special? It is oily AND over-pressured. All that means is that at a certain depth, there is more pressure than normally should be there—because there’s fluid there. If that fluid is oil—it’s trapped—then it’s bursting to get out....

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