A chance for global economies to reorient themselves | GulfNews.com:
"‘Norway’s assessment of its shale gas potential went from 83 trillion cubic feet (tcf) (2011) to zero (2013)’.
This was noted by the US Energy Information Administration (EIA) and quoted in an op-ed that appeared on World Economic Forum website. A study by the University of Texas predicted the ‘US boom will tail-off by 2020 and not keep going to 2040 as previous less-thorough analysis have predicted’.
In a policy briefing by the policy department in the European Parliament (2013), estimates of ‘US shale gas reserves of recoverable natural gas’ dropped by 42 per cent from 2011 projections."
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