Wednesday, 13 July 2011

The Search for ‘Cleaner’ and ‘Greener’ Natural Energy Resources

“Green” energy is one of the hot topics today, and homeowners as well as oil and gas companies are seeking alternative energy solutions.  With the aim of having minimal impact on the environment and to combat fluctuating oil prices, natural energy resources is now sought after. 

While, homeowners are creating their own natural energy resources using solar energy, wind energy and hydrogen energy, oil and gas companies and investment firms are exploring natural gas resources too. With depleting natural resources, oil and gas companies are searching for alternative energy sources, such as shale gas. 

The country majorly involved in producing and developing shale gas is North America. Many companies are driving the search for shale gas development and production across United States and Canada. Oil and gas companies and investment firms like Chesapeake Energy Corp., Devon Energy Corp., EOG Resources Inc., Newfield Exploration Co. and Georges Haligua are involved in exploration and development of untapped resources such as shale gas. 

There are contradicting views about exploration and development of resources such as shale gas regarding the amount of greenhouse gas emissions. However, with the ever increasing demand for energy, ‘natural energy resources’ seems to be the way forward and there is constant search for ‘cleaner’ and ‘greener’ energy resources.

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