North America can become energy exporter in 10 years, exec says

03/5/2013 | Reuters · Hill, The

North America has the potential to become an energy exporter within 10 years, spurred by a boom in shale oil and natural gas production, said Ryan Lance, chairman and CEO of ConocoPhillips. "The new landscape is like someone picked up the energy world and tilted it," Lance said. However, limited access to development, unfair taxes on the industry and "misinformation and fear" related to hydraulic fracturing could jeopardize shale development, he said.

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Reuters · Hill, The

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