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Two "must read" interviews on America's new energy revolution

2012-09-24


Here are a few excerpts from two recent interviews on energy issues:

1. From an interview with Daniel Yergin in the Wall Street Journal:

We expect to see tight-oil production [oil extracted from dense rock formations] grow dramatically over the rest of this decade. If you take what’s happening in the U.S. and what's happening in Brazil and Canada, we're going to see a rebalancing of global oil flows. By the end of this decade, the Western Hemisphere may be importing very little oil from the Eastern Hemisphere.
 
The main thing here is the new ability to use in oil fields technologies that were developed for shale gas. It’s technology and entrepreneurship, initiative, people having different ideas and acting on them.
 
The proof is in the numbers...





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