American Energy Independence: Stuart Elliott

Stuart Elliott: Understandably, countries around the world want a piece of the action. , according to BBC. But can the shale gas revolution in the US really be replicated around the world? 'Failed experiment' Continue reading the main story How American energy independence could change the world Poland was seen as the poster boy for European shale gas but, according to Stuart Elliott, managing editor at the industry information provider Platts, "the Polish experiment has been a failure". Just four years ago, natural gas prices in Europe were roughly comparable with those in the US; now they are three times higher. In Japan, they are five times higher. Governments from the UK and Poland to China and Argentina are dreaming of cheap power and, just as importantly for some, energy security. Shale, many have decided, is the answer. (news.financializer.com). As reported in the news.