Chesapeake, ConocoPhillips CEOs tout economic potential of shale gas

11/3/2011 | Bloomberg

Chesapeake Energy CEO Aubrey McClendon likens the U.S. shale-gas boom to "a new industrial renaissance" capable of comparisons to Saudi Arabia's hold on oil. Shale gas will also boost U.S. manufacturing, McClendon adds. “We believe natural gas must be part of any discussion on strengthening our country's long-term economic health. It should also be part of any discussion on improving energy security, protecting the environment, and, yes, creating jobs," said ConocoPhillips CEO James Mulva at a September conference in Detroit.

View Full Article in:

Bloomberg

Published in Brief: