It’s a race to see who invests wisely and can emulate North American successes while adapting shale fracking and drilling technologies to unique (and often quite different) geological formations. “Everybody around the world has taken notice [of shale] the past few years. They’re takin

5/29: China On Track to Outspend US in Pursuit of Shale Energy Like the US, China is hotly pursuing energy independence via development of its own internal shale resources, but at what a Bloomberg Report cites as quadruple the cost.  While US wells can have a price tag as low as $2.6