The U.S. shale boom has cut natural gas prices, and they could go still lower if the Chinese come through with finds on a similar scale. But Chevron (CVX +0.5%), which is actively fracking in China, doesn’t expect rapid progress in production there, due to a shortage of geological data and insufficient infrastructure to support U.S.-style shale exploitation.
The U.S. shale boom has cut natural gas prices, and they could go still lower if the Chinese...
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