Shale Gas Costing 2/3 Less Than OPEC Oil Converges With U.S.

Floorhands walk near a lined pit used to collect drill cuttings on a Alta Resources LLC natural gas drill rig near Montrose, Pennsylvania, U.S., on Monday, April 5, 2010. Companies are spending billions to dislodge natural gas from a band of shale-sedimentary rock called the Marcellus shale that underlies Pennsylvania, West Virginia and New York. The band of rock, so designated because it pokes through near a city of that name in northern New York, may contain 262 trillion cubic feet of recoverable gas, the U.S. Department of Energy estimates. Photographer: Daniel Acker/Bloomberg via Getty Images
Floorhands walk near a lined pit used to collect drill cuttings on a Alta Resources LLC natural gas drill rig near Montrose, Pennsylvania, U.S., on Monday, April 5, 2010. Companies are spending billions to dislodge natural gas from a band of shale-sedimentary rock called the Marcellus shale that underlies Pennsylvania, West Virginia and New York. The band of rock, so designated because it pokes through near a city of that name in northern New York, may contain 262 trillion cubic feet of recoverable gas, the U.S. Department of Energy estimates. Photographer: Daniel Acker/Bloomberg via Getty Images
Shale Gas Costing 2/3 Less Than OPEC Oil Converges With U.S.
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Credit:
Bloomberg / Contributor
Editorial #:
100485441
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Bloomberg
Date created:
April 05, 2010
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Source:
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Object name:
SHALE GAS