Shale oil and gas: the greatest growth story of the coming decade

A British-based fund is one of the best ways to play the theme, says David C Stevenson.

What’s your view on ‘unconventional’ sources of oil and gas – especially shale? If you’d asked that question of most investors a few years ago, it would have elicited nothing more than baffled silence. But in the last 18 months everything has changed.

Tales of shale

Newspapers are abuzz with tales of America gaining energy independence courtesy of its huge reserves of ‘unconventional’ gas and oil, which are being liberated from shale rock formations by new drilling techniques.

Many economists [...]

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