Foreign Drilling Investments

US shale gas owned by foreign companies

The industry states that using unconventional drilling for shale gas will make American “energy independent” and is important for our national security. However, foreign companies are increasingly buying interest in these drilling companies – foreign countries like China, India, Norway, the UK, Japan and South Korea.

Check out this spreadsheet that lists the purchases:

What the Gas Industry Doesn’t Want you to Know about Fracking and U.S. Energy Independence

Shale Gas Boom and Bust

US Shale – Global Players

Exporting America’s Gas

There is only one path to energy independence and that is clean, renewable energy and conservation.

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