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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 399.01+0.1%Dec 19 4:00 PM EST

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To: cmg who wrote (89735)5/3/2012 11:58:53 AM
From: Haim R. Branisteanu  Read Replies (1) of 218633
 
Even South Africa is on the band wagon;

Local landowners and environmentalists warn that fracking, the technique of hydraulically fracturing shale rock deep beneath the surface to release natural gas, would pollute underground water supplies.

A study by the Econometrix company that was paid for by Shell has estimated that there could be enough shale gas in the Karoo region to supply South Africa with energy for 400 years, at current rates of consumption.

The study also said that tens of thousands of jobs could be created.

ft.com

news24.com
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