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Long-term energy boom not expected in the US, energy expert says

A Rice University energy expert sees long-term growth for oil, gas and even coal—just not in the developed world.  Speaking to the American Petroleum Institute’s Acadiana Chapter, Rice Center for Energy Studies Senior Director Kenneth B. Medlock III said energy growth may be most brisk over the next 20 years in the portions of the world that hunger for the quality of life enjoyed in developed countries like the United States, Canada and Japan.

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