Let the shale resources lie buried in the bowels of the earth, until we find better methods to extract them. It is well known that the extraction of shale gas is likely to cause serious environmental problems

AK Ramdas

The government took the first major step in offering customs duty exemption for importation of drilling rigs and chemicals to promote shale oil and gas exploration in the country, traces of which were found almost ten years ago. This has been prompted by an assessment made by US Energy Information Administration (EIA) which has now estimated that the recoverable shale resources may actually be around 98 trillion cubic feet (tcf) as against 63 tcf made earlier. This is a substantial amount of gas that would certainly help in meeting the growing fuel requirements. It is well known that extraction of shale gas is likely to cause serious environmental problems.

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