The oil companies don't seem to have any doubts about getting their way with the shale boom.
Total signs $2.3 billion shale deal with Chesapeake
PARIS (Reuters) - Oil major Total SA signed a $2.3 billion deal with Chesapeake Energy Corp and EnerVest, continuing a trend of European and Asian oil and gas companies buying into U.S. shale plays.
The deal will give Total a 25 percent stake in a joint venture with the two U.S. companies in the liquids-rich Utica Shale area of eastern Ohio, the French company said in a statement on Tuesday.
North America has in recent years seen a boom in energy resources such as shale gas, raising the prospect that the world's largest economy may lower its dependence on imported energy.
...cont'd
http://news.yahoo.com/total-signs-2-3-billion-shale-deal-chesapeake-095129646.html
...onward, come earthquakes or bad water.
And who will stop them?
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