Shale Gas could've been the next big boom sector in South Africa. The Karoo is the fifth largest gas field in the world, and local as well as international companies are interested in developing it. After all, according to estimates, shale gas extraction from the Karoo will lead to 9% GDP growth for South Africa! And just imagine the possibility of extracting cheap shale gas and using it in power plants (no wet coal problems!)... Or if Sasol used the gas in its Gas-to-liquids process, South Africa would become independent of international oil! But a new law that has just been passed could change all of this. This shocking law makes mine nationalisation a government policy and it could stop the future of fracking right in its tracks!