The smell of natural gas wafted across a portion of California’s Silicon Valley Tuesday, and it was a welcome presence for a change for the utility and local officials, signifying that Pacific Gas and Electric Co. (PG&E) was moving forward to pressure test more of its gas transmission pipeline system that has been placed under close scrutiny since the pipeline rupture in San Bruno that killed eight people Sept. 9.
Wafted
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Shales Seen as International Investor ‘Stepping Stone’
The smell of success emanating from North American shale gas plays has wafted overseas, drawing foreign investors to joint ventures (JV) with U.S. producers. Eventually some of those foreign investors will be acquiring U.S. energy companies, Deloitte LLP consultants said.
April 1, 2011