Shale Gas as Reported by Russia Today

The “RT” television channel, Russia Today, today covered the emerging Shale Gas industry in the USA. They focused on the low price for gas, and the high-cost of production; accordingly, shale gas producers they say are losing money. They also focused on the threat to the environment caused by the “secret” chemicals used for “fracking” which ends up, as they say, in drinking water. A representative from Gasprom said that they aren’t worried about the competition to their traditional gas business because of these factors.

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