Shale oil and natural gas developments across the U.S. are ushering in an energy boom that may last for a long time, according to this analysis. The availability of shale-derived natural gas, for example, is providing a cost-advantage for the U.S. petrochemical industry. "Low-cost natural gas is the elixir, the sweetness, the juice. ... What it's doing is changing the U.S. back into the industrial power of the day," Don Logan, president of the Louisiana Oil and Gas Association.

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