Resource News

Reuters reported that cost effectiveness and recent advances in technology in shale gas drilling are placing clean coal projects in jeopardy.

Reuters reported that cost effectiveness and recent advances in technology in shale gas drilling are placing clean coal projects in jeopardy.

As quoted in the market report:

Meanwhile, breakthroughs in horizontal drilling techniques and hydraulic fracturing, or fracking, have unlocked massive gas reserves trapped in shale formations, prompting a major shift away from using coal at power and industrial plants.

To view the whole Reuters report, click here.

MARKETS

Markets
TSX19991.88+105.94
TSXV673.02+3.30
DOW33336.67+27.16
S&P 5004207.27-2.97
NASD12779.91-74.89
ASX7071.00+78.30

COMMODITIES

Commodities
Gold1786.79-2.21
Silver20.28+0.01
Copper3.65-0.05
Palladium2257.00-19.00
Platinum951.50-3.50
Oil92.76-1.58
Heating Oil3.480.00
Natural Gas8.71-0.16

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