RSS Feed
Author Archive
Shale Gas: China’s Untapped Resource
Posted by Forbes: Jack Perkowski on June 13th, 2013
Forbes: When I met recently with a senior investment officer from China Investment Corporation (CIC), the country’s sovereign wealth fund, I was told that CIC is very bullish on the United States. Why? In CIC’s opinion, the existence of large shale gas reserves in the U.S. will provide a massive shot in the arm for the country’s large but mature economy -- kind of a modern-day energy equivalent to the deus ex machina in Greek literature.
If that is the case, then an equally bullish case can be made for...
Posted in 