WSJ: OMV CEO: Europe Must Accept Shale Gas
While Europeans worry about the potentially negative environmental aspects of exploiting shale gas, Gerhard Roiss, chief executive of Austrian oil and gas company has a simple message: Shale gas is a necessary part of a sustainable European energy mix.
European Union agencies "should start this communication campaign to show the impact for Europe if we don't go into shale gas."
Without such a move, he says, energy-intensive industries, such as the petrochemical industry, may soon begin to leave Europe for the U.S. because of the abundance of cheap energy there.