Offshore Drilling Backlash May Boost Shale, Oil Sands
*Date:* /15-Jun-10/
*Author:* Jon Hurdle and Jeffrey Jones
The massive Gulf oil spill may hasten the development of shale gas and oil
sands, North America's two most important emerging energy sources.
The risk of pursuing deepwater oil reserves dwarfs the environmental concerns
facing both onshore sectors.
Neither Canadian oil sands petroleum nor natural gas from U.S. shale beds will
immediately substitute for delayed Gulf of Mexico crude output in the wake of a