As if on cue, a couple of weeks ago the US Energy Information Agency released an assessment of 48 shale gas basins in 32 countries. The numbers are staggering: over a six-fold increase in the 1,001 trillion cubic feet (Tcf) of natural gas that was previously known to be “proven” reserves. According to the EIA report, over 6,600 Tcf of shale gas resources are estimated to be technically recoverable.
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