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Brazilian Business Coalition Hopes to Learn from Pennsylvania’s Shale Gas Experience

The Wall Street Journal reports that a group of Brazilian business and energy industry professionals known as the Brazil Industries Coalition is visiting Pennsylvania this week in an attempt to learn from the state’s experience and to evaulate the possibility of sending exports to Brazil.  The group is meeting with Pennsylvania regulators and operators and will tour a drilling site.  The WSJ cites to the National Confederation of Industry, which states that energy costs in Brazil are among the highest in the world.  One Brazilian energy company executive noted that one unit of natural gas sells for $18.00 in Brazil.  In the United States, that same unit would sell for about $4.00.