The Boston Globe

Business

Mass. gets boost from shale boom

Demand rises for local expertise; firms also save on energy

The abundant supplies in Northeast shale formations offer lower energy costs for businesses and consumers; Lexington forecasting firm IHS Global Insight estimates that lower natural gas prices will save households an average of $926 a year through 2015. But the booming gas production is providing a market for one of state’s main exports: expertise. Consulting, financial services, and even technology firms are finding new customers in the shale industry.

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