Learning from the shale gas guinea pig

As global energy markets brace for the coming US shale gas boom, energy-rich Canada will be forced to be the first country to respond. What it does could provide a template for Australia.

The shale gas boom in the United States is turning global energy markets on their heads. But arguably no two countries will be affected more by this than Australia and Canada.

The similarities are clear and well-established: economies dominated by energy exports, focused on LNG growth and with close economic and diplomatic relationships with the US.

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