Oil/Gas: Massive investments in US shale oil plays

April 9, 2013

Dick's note:  "One of the biggest game-changers in petroleum E&P is the shale oil and shale gas reality, which may keep a lid on prices to an extent. Great news for consumers, to be sure. And yet I'm bullish on oil, even in the face of rocketing domestic production. Fortunes are being made in the shale oil plays and foreign investors are figuring this out."

(Mining.com - "$26 billion of foreign investment pushing US shale industry forward") Total US shale investment reached $133.7 billion between 2008 and 2012, part of 73 deals. Joint ventures by foreign companies accounted for 20% of these investments.

Read rest of article here: http://www.mining.com/26-billion-of-foreign-investment-pushing-us-shale-industry-forward-42889/