Shale Spark Spreads Beyond Energy - Presented by: The Aol. On Network

The U.S. shale gas boom is sparking more than new sources of energy. General Electric, for example, offering nearly $3 billion for Lufkin Industries- a 38 percent premium. Lufkin makes pumps to extract oil and natural gas. And GE says it's still looking for more multi-billion dollar deals tied to natural gas development. That enthusiasm is no surprise given the incredible economic lift tied to the rise of shale. Douglas Blake, Senior Wealth Manager at Newbridge Securities:



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