Lack Of Water Could Limit Oil And Gas Development In Energy-Rich Nations

Lack of available water could crimp energy development in many of the nations with the most abundant shale oil and shale gas resources, a new study predicts.

Forty percent of the world’s countries with the largest shale oil and shale gas resources have arid conditions or steep competition for water, according to the World Resources Institute report, Global Shale Gas Development: Water Availability & Business Risk.