Britain’s Got Shale
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  • MarkE

    The first European country to break through the
    Green-barrier will have a huge first-to-market advantage in gaining market share throughout Europe since pipelines are already in place. If this market leader keeps its prices high enough to recover its initial investment (but lower than Russian gas), then lowers the prices as late de-Greeners tap their gas reservoirs, they have a good chance of maintaining their initial market share and contribution to GNP.
    It looks like Great Britain could be the first. Either way Europe, also, will have much lower gas prices in the future.

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