[postlink]http://radical-technology.blogspot.com/2010/07/will-unconventional-gas-become.html[/postlink]http://www.youtube.com/watch?v=NwP7nB8e5v4endofvid [starttext]Recent developments in the gas sector in the US have the potential to change radically the energy situation in Europe. New technology has made unconventional gas resources available at competitive cost.
In North America, this sudden expansion of available gas has contributed to keeping gas prices low, despite ever rising demand. It has also helped the US to pursue its strategic objective of reducing its dependence on gas imports. Furthermore, the boom in unconventional gas in the US has changed the dynamics of markets for liquefied natural gas (LNG), with some supplies originally intended for the US being diverted to other markets including some in Europe[endtext]
In North America, this sudden expansion of available gas has contributed to keeping gas prices low, despite ever rising demand. It has also helped the US to pursue its strategic objective of reducing its dependence on gas imports. Furthermore, the boom in unconventional gas in the US has changed the dynamics of markets for liquefied natural gas (LNG), with some supplies originally intended for the US being diverted to other markets including some in Europe[endtext]
