No. of Recommendations: 2
Shale hydrocarbons outside the US are a very iffy proposition.

the real culprit in this story isn’t so much the low hanging political fruit of Central and South East Europe facing an uphill geological and geopolitical shale battle, but the raft of Western European states that have taken shale off the table. Russia is against shale oil, these countries a have let themselves get totally dependent on Russia for present NG supplies. At this time Russia does not have either the desire or the technology to develop it's own shale NG.

I'm no geologist but inside the US some big "shale"areas like the Bakken actually produce from non shale layers (dolomitic limestone) sandwiched between shale layers. In many cases shale tends to be more of a source than a reservoir.
Print the post  



The 2009 BMW Method Conference has been cancelled, due to minimum attendance numbers not being met. We hope to continue the annual BMW Method Conference tradition next fall.

Learn about the first four conferences on the BMW Method Website.

The BMW Method FAQ

BMW Method Website
Annual Conference Videos and Other Resources & Services
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.