Shale sweepstakes
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Revision as of 17:33, 11 September 2008
The shale sweepstakes is frenzied push to acquire the rights to drill for natural gas found in deep shale formations throughout North America. Output from these fields is cited as one of the main reasons explaining the reason overall U.S. natural gas has been on the upswing, jumping 9% in 2008, after languishing for nearly a decade.