Technological advances to harness shale resources will curb OPEC’s influence in the oil market and cap crude prices at $120 a barrel, said Nansen Saleri, former head of reservoir management at Saudi Arabian Oil Co.
Shale Works for US was launched to give a voice to the 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.
The United States is blessed with one of the largest supplies of energy resources in the world. Since its inception, the Institute for 21st Century Energy has been focused on moving the federal government to embrace policies that harness all of our domestic energy sources, from coal and natural gas to renewables and nuclear and everything in between, to fuel economic growth and secure our energy future.
In 2012 as part of this effort, we launched Shale Works for US to give a voice to the 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. We do not represent any one business or industry. Rather, we believe shale changes the economics of America, and thus we represent businesses large and small that stand to gain from tangible economic growth, not to mention energy security, promised by shale development.
Roll over each state to see the economic benefits of shale energy over the next 20 years.
Technological advances to harness shale resources will curb OPEC’s influence in the oil market and cap crude prices at $120 a barrel, said Nansen Saleri, former head of reservoir management at Saudi Arabian Oil Co.
The Haynesville Shale is alive and well — at least for some property owners off Red Bluff Road near Stonewall.
Countries outside of North America have considerable supplies of natural gas and oil locked in shale formations and someday could join the shale production boom occurring in the U.S. and Canada, according to new U.S. government estimates.
A surge in oil and gas production from shale rock has transformed energy in the United States, helping reverse declines in oil production and prompting a massive shift from coal to natural gas electricity production that has led to a significant drop in carbon dioxide emissions.
There's relatively good news nearly across the board when it comes to America's state-by-state economic growth.
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