IHS CERA says a new role is emerging for unconventional gas: that of a shock absorber that can respond relatively quickly to changes in demand compared to other energy sources.

Michael Hall: “…We are inclined to think the play could end up being the place to have been for uncovering alpha in the oil patch in 2010.”

Hayward: "This strategic opportunity…offers us significant additional long-term growth potential with an emphasis on high-margin oil.”

U.S. Energy secretary Steven Chu says, "We will be living in a carbon-constrained world. Let’s get moving now and get the American invention machine going."

Stephen Richardson: “…We look for a reconsideration of spending levels particularly in light of weak  longer-dated pricing.”

A group of panelists at IPAA’s recent Private Capital Conference discussed the drivers for investment and expressed their optimism for new capital flow.

The sluggish and tumultuous Iraqi government has approved a China National Petroleum Corp. (CNPC) and BP contract to develop six oil and two gas fields in the Rumalia Field area near Basra, Iraq, according to The Associated Press.

Interest in unconventional natural-gas supplies is growing worldwide, as success in the U.S. has encouraged an evaluation of global potential.

“…The major amount of the Marcellus play will not be underneath the New York City water supply anyway….”

Barclays Natural Resources Investments partner Todd Swanson says, 'There are many challenges to international energy investment, but we think there are also many opportunities.'

U.S. onshore drilling activity is bouncing back even faster than forecast initially, says Bernstein Research oilfield-services analyst Scott Gruber.