Deep Sigh of Relief; Energy  

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Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 406 no. 8827 (Mar. 2013), page SS6-SS8.
Topik: Location of Industry; Energy Resources; Natural Gas; Industrial Plants; Steel Industry; Oil Shale; Statistical Data

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Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.76 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Pennsylvania is just one of several states enjoying a shale-gas boom. Arkansas, Louisiana, Oklahoma and Texas have all seen similar rushes. Shale-gas production in the United States as a whole rose more than fourfold between 2007 and 2010, says the Department of Energy. America is already producing so much shale gas that local gas prices have plummeted, from over $13 per million British thermal units (mmBTU) in 2008 to $1-2 last year. They have since recovered slightly (see chart 3, previous page), but America still enjoys remarkably cheap gas by international standards. Cheap gas is also translating into cheap electricity, since America's marginal power supplies tend to come from gas-fired plants. Investors, naturally enough, are keen to take advantage of such bargain prices. They have been pouring money not only into steelmaking but all manner of energy-intensive industries, from plastics to fertilisers.

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