Fracking will also make the UK independent of foreign gas supplies from this one field alone.
Mr Morales has given foreign gas companies 180 days to comply with the nationalisation or else leave the country.
British special forces are on standby to stage a rescue mission in Algeria, after foreign gas plant workers were taken hostage, says the Times.
China is pushing exploration of shale gas by encouraging domestic producers to form partnerships with foreign oil and gas companies.
By 2035, the continent's dependence on foreign oil and gas imports is forecast to exceed 80%.
Because Bolivians have earned little from their mineral wealth, it is easy to whip up opposition to foreign oil and gas companies.
State-owned PetroVietnam plans to keep buying foreign oil and gas assets.
And the Bush administration's policies have driven up the price of oil, while its energy policy has made us more dependent on foreign oil and gas.
Energy and Mining Minister Youcef Yousfi, who a day earlier insisted Algeria can keep its gas facilities secure without foreign forces' help, said he believes the targeted gas facility will be back running "in the shortest possible time" and that foreign workers will soon return.
Maybe Nat Gas will not solve all of our problems with job growth and dependency on foreign oil but Nat Gas will make a big hit.
Meanwhile, New England plans to import natural gas supplies from foreign markets and has started construction on nearly a dozen shipping terminals for liquid natural-gas imports.
American companies, such as ExxonMobil would be effectively rendered uncompetitive against foreign owned oil and gas companies.
Furthermore it increases reliance on foreign-produced natural gas, the report adds.
Think about an America where more cars and trucks are running on domestic natural gas than on foreign oil.
WHITEHOUSE: Remarks by the President on American-Made Energy
He said the government was ready to bus or fly foreign workers to oil and gas installations around the country.
While Congress is deliberating over ways to cut dependency on foreign oil and limit greenhouse gas emissions, states are taking the lead in promoting energy efficiency.
This effort gained renewed urgency after militants -- upset at Algeria for allowing warplanes to use its airspace to launch attacks in Mali -- took hostage scores of Algerian and foreign workers at an Algerian gas facility about 60 kilometers (about 40 miles) west of the Libyan border.
Yesterday the state natural gas monopoly, Gazprom, signed a deal to take control over the country's largest foreign investment, the massive Sakhalin II Gas Complex in the Russian Far East.
His policy to nationalize the oil and gas industries has alienated foreign governments and investors.
Mark Grant, from Grangemouth, is believed to have been among the foreign nationals taken hostage at the gas plant.
BBC: Algeria siege: Alex Salmond confirms Scots among hostages
It's our number one foreign supplier of oil, natural gas and electricity.
Iran's oil and gas industries badly need foreign money and know-how.
The Bush Administration is nearly as intent as Moscow on adding the Soviet Union to the list of U.S.-approved, "secure" foreign suppliers of oil and natural gas.
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McCain proposed lifting the ban on offshore drilling last week as part of his plan to reduce dependence on foreign oil and help combat rising gas prices.
Algerian forces stormed a gas facility to free foreign hostages without warning other governments, leaving leaders in a series of capitals scrambling to get information on their citizens' fates.
Corn ethanol has long been ridiculed as a vote-getting farmer-subsidy program that does little or nothing to help the nation reduce its dependence on foreign oil or cut its greenhouse gas emissions.
The crisis began on 16 January when militants attacked two buses carrying foreign workers from the In Amenas gas facility, which lies in the desert in eastern Algeria, not far from the border with Libya.
The foreign tax credit was designed to prevent American companies, like those in the oil and natural gas industry, from being double taxed on foreign income so they can compete in the global marketplace.
Equally, the prospect of an opening up of the local oil and gas industry to more meaningful foreign participation will involve many complex political manoeuvres.
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