Was-ameratex-energy-a-good-investment-6092992

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AmeraTex Energy Says Worldwide Shale Oil And Gas Potential Is Huge. A surge in oil and gas production from shale rock has transformed energy in the United States, helping reverse declines in oil production and prompting a massive shift from coal to natural gas electricity production that has led to a significant drop in carbon dioxide emissions (since burning coal releases more carbon dioxide than burning natural gas). A new report from the U.S. natural gas securities Energy Information Administration lends support to the idea that a similar transformation could take place outside the United States. fracking in texas While other countries may have more of these resources than the United States, the impact in some of them may not be as great, or happen as quickly. It could take many years to develop resources in other countries because the geology is somewhat different—the techniques that work in the United States might not quite work elsewhere. residual oil income What’s more, many countries don’t have the needed technological expertise. Some countries make it difficult for companies to set up and find ways to exploit the resources.

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