Production of oil and gas from shale is growing fast enough that North America may be an energy...

|By:, SA News Editor

Production of oil and gas from shale is growing fast enough that North America may be an energy exporter within a decade, ConocoPhillips (COP) CEO Ryan Lance says. Shale development, which brings a faster payoff than a liquefied natural gas project, has changed the investment cycle because it does not require massive up-front investments, he says.