Advertisement

March 12, 2012

Shale Ensures U.S. Economy Will Recover

Sherry Copper, Financial Post


AP Photo

Ironically, while many are focussing on the negative impact of high gasoline prices on the U.S. economy, oil production in the U.S. is surging, providing the largest stimulus to growth and job creation since the recession began in 2007. The fastest growing states are those with the highest exposure to energy, as exploration and drilling activity is fuelling a surge in growth. . .

Read Full Article ››

TAGGED: economy, oil, U.S. energy policy, canada, global oil market, natural gas, shale gas production, Financial Post

RECOMMENDED ARTICLES

February 28, 2012
How to Frack Responsibly
Joe Nocera, New York Times
To put it another way, the technique of hydraulic fracturing, used to extract natural gas from once-impossible-to-get-at reservoirs like the Marcellus Shale that lies beneath New York and Pennsylvania, has more than proved its... more ››
March 8, 2012
Capitalizing on the Energy Revolution
Laird Cagan, Market Oracle
The Energy Report: Laird, you and your partner are active investors. You are company founders, you sit on the boards and you actually run the businesses in some cases. What kind of advantage does that give you?Laird Cagan: We are... more ››
March 1, 2012
A Fresh Defense for Moving from Coal to Shale Gas
Andrew Revkin, NYT
There’s been a fresh development in a prolonged intellectual tussle among researchers at Cornell University over the climate benefits of moving from coal to natural gas, including gas extracted from shale using hydraulic... more ››
March 12, 2012
Surveying the Global Oil Landscape
Heading Out, The Oil Drum
This series of posts has just completed a review of the different regions of Russian oil production, with the conclusion that while Russia may maintain current production levels of around 10.4 mbd for a short time, it faces... more ››
|