Suppose US government conducts some regulations to ban deep water drilling, so Shale gas production will be economically feasible since rival reserves are out of the scene. Then comes on the scene the cheaper conventional gas from overseas. How will
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Suppose US government conducts some regulations to ban deep water drilling, so Shale gas production will be economically feasible since rival reserves are out of the scene. Then comes on the scene the cheaper conventional gas from overseas.
How will Shale Gas compete against new rivals. Of course, it needs another support from US legislation to ban or limit imports. That, in it's turn, will be against WTO and such international stuff, and will put out those international trade agreements that have so far been used as tools by economic powers.
How do you think about it?
