Wednesday, September 25, 2013

Analysis & Projections - U.S. Energy Information Administration (EIA) - U.S. Energy Information Administration (EIA)

Analysis & Projections - U.S. Energy Information Administration (EIA) - U.S. Energy Information Administration (EIA)

"The successful investment of capital and diffusion of shale oil and shale gas technologies has continued into Canadian shales. Canada's tight oil production averaged 291,498 barrels per day in 20124 and its shale gas production was 0.7 trillion cubic feet in 2012.5 There has been interest expressed or exploration activities begun in shale formations in a number of other countries, including Algeria, Argentina, Australia, China, India, Mexico, Poland, Romania, Russia, Saudi Arabia, Turkey, Ukraine, and the United Kingdom."