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Friday, Jun 8
2012, 11:15 AM
Development of shale gas reserves outside the U.S. is likely to proceed more slowly than...
Development of shale gas reserves outside the U.S. is likely to proceed more slowly than generally expected due to uncertainties about the size and quality of reserves and a lack of distribution infrastructure, a top Chevron (CVX) exec says: "There have been millions of wells drilled in the U.S. and you know a lot more about the actual geology, and the U.S. has the infrastructure to deliver gas."