Shale is a game changer for America. Shale is already creating a significant amount of economic growth and improving our energy security, and there is potential for much more. Through education and action, the Energy Institute is giving voice to U.S. businesses and industries that believe in promoting production of natural gas and oil from shale formations to boost our economy, create jobs and secure America's energy future.
America's New Energy Future:
The Unconventional Oil and Gas Revolution and the US Economy
To help quantify the impact of shale, the Energy Institute teamed up with the respected global research firm IHS and other organizations to conduct a comprehensive three-part study. America's New Energy Future: The Unconventional Oil and Gas Revolution shows that shale will create millions of jobs and trillions in investments over the coming decades. Phase I of the study, released in October 2012, quantifies the national impacts of shale, while Phase II, released in December 2012, details the state by state job and revenue impacts. In September 2013, we released Phase III, which goes even further by looking at the impact on manufacturing and other "downstream" activities.