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Shale Gas Could Impact Future U.S. Energy
2012-01-04 13:06:17

According to a new report, shale gas could impact the U.S. energy policy and lead to future technological development. MIT researchers found that gas prices would rise by about five times the current levels by 2050 without shale gas, but it would only double with it. According to the report, shale gas also reduces electricity price growth by 5 percent in 2030 and 10 percent in 2045, compared to a scenario without shale gas. “Prior to this we hadn´t compared U.S. gas...


Word of the Day
barghest
  • A goblin in English folklore, often appearing in the shape of a large dog and believed to portend imminent death or misfortune.
  • A ghost, wraith, hobgoblin, elf, or spirit.
The origin of 'barghest' is not known, but it may be from perhaps burh-ghest, town-ghost, or German Berg-geist (mountain spirit) or Bär-geist (bear-spirit).
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