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PwC study increases projected shale benefits to manufacturers

from IndustryWeek

The shale gas boom keeps getting louder. The projected benefits of the "shale effect" to manufacturers have increased considerably since 2011, according to a new forecast issued today by PricewaterhouseCoopers. In the report, PwC estimates that the ongoing surge in shale gas production could bring annual cost savings of $22.3 billion by 2030, assuming a high natural gas recovery and low-price scenario. more

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