Chart of the Day: Isn't a coincidence that the two biggest energy consumers . . .
Saturday, October 22, 2011 at 9:30AM
Thomas P.M. Barnett in Chart of the day, China, US, energy, environment, extractive industries

 . . . happen to own the world's two largest reserves of shale gas?

Nice timing, huh?

The trick, of course, is the environmental impact.  American companies don't want to reveal their techniques, but the public needs to know so we can judge the impact and enforce the necessary precautions.

How that works and what volumes that ultimately allows us to extract is a big variable going forward.

With China, one assumes the niceties are not observed - until the riots start.

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