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George Mitchell, Billionaire Behind Shale Boom, Dies at 94

George P. Mitchell, the Texas billionaire who pioneered shale-drilling techniques that triggered a renaissance in North American oil and natural gas production, has died. He was 94.

He died today at his residence in the Tremont Hotel in Galveston, Texas, according to Franklin “Rusty” Carnes, at the Carnes Brothers Funeral Home in Galveston. He died of natural causes, his family said in a statement.