How Shale Gas Will Rock the World: A Belated Second Chorus
How Shale Gas Will Rock the World: A Belated Second Chorus “Shale Gas Will Rock the World: Huge discoveries of natural gas promise to shake up the energy markets and geopolitics. And that's just for starters. That was a May 10, 2010, Wall Stree Journal post at http://online.wsj.com/article/SB10001424052702303491304575187880596301668.html by by Amy Myers Jaffe was also talking about about a subject of discussed in earlier posts on this blog—massive increases in natural gas reserves because of new drilling techniques to develop gas from shale. But, being a business newspaper it noted several key additions. Besides repeating much already said in other articles, the Journal author considered “game-changing” implications. First, there is a generally good implication that large amounts of cheap domestic natural gas will bring more affordable prices for users of natural gas. Furthermore, the domestic may slow or reverse the rise of energy imports for some time, possibly decades.