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Drilling Boom Revives Hopes for Natural Gas |
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Tuesday, 26 August 2008 15:00 |
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American natural gas production is rising at a clip not seen in half a century, pushing down prices of the fuel and reversing conventional wisdom that domestic gas fields were in irreversible decline.
The new drilling boom uses advanced technology to release gas trapped in huge shale beds found throughout North America — gas long believed to be out of reach.
Source: The New York Times
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