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Technology Stocks : The *NEW* Frank Coluccio Technology Forum

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To: axial who wrote (32228)	2/19/2010 9:32:13 PM
From: axial	Read Replies (2) of 46821

"Neighbor against neighbor: a global story in microcosm. Is there any doubt about the outcome?" --- Shale gas gambit pits NY neighbor against neighbor "The booming shale gas business accounts for 15 to 20 percent of U.S. natural gas production and is seen increasing fourfold over the next 15 years, providing a relatively clean energy source for a country sensitive to its dependence on foreign oil. Natural gas from shale is trapped deep underground inside solid rock. It has been unlocked in recent years through technological advances. Environmentalists and people living near drilling operations worry that the drilling process might contaminate ground water. Some landowners welcome the possible financial benefits of drilling in economic hard times. The shale gas industry considers environmental opponents of drilling misguided, saying drilling is heavily regulated and that there has never been a documented case of ground water contamination because of hydraulic fracturing." reuters.com Jim

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