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Brazil joins the Shale Age

February 8, 2013

As Brazil is preparing to auction off access to its natural gas fields, it has announced shale gas finds that nearly double the nation’s potential reserves.

Shale gas is found in huge quantities on every continent; the technological breakthroughs of slant drilling and hydraulic fracturing are going to change the global geopolitics of energy more thoroughly than will the increasing demand from developing nations.

shale-gas-reserves

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