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Shale Gas Boom a ‘Game Changer’ for Manufacturing

The current record-low natural gas prices “will be a game changer” for North American companies that rely on feedstock or direct energy usage to compete on a global level, according to analysis by RBC Capital Markets and Economist Intelligence Unit. The shale gas boom is affecting industries differently, but it … Read more »

Tar Sands Up to 8 Times More Energy-Intensive Than Conventional Oil

Tar Sands Up to 8 Times More Energy-Intensive Than Conventional Oil

The net energy, or “energy returned on energy invested,” of unconventional sources such as tar sands and shale gas is generally much lower than for conventional resources, according to research by the Post Carbon Institute. The average net energy or rate of return for conventional oil is about 25:1, meaning that it … Read more »