Full Title: Where the Shale Gas Revolution Came From
Author(s): Breakthrough Institute
Publisher(s): Breakthrough Institute
Publication Date: May 1, 2012
Full Text: Download Resource
Description (excerpt):
The shale boom has expanded domestic energy production, pushed down wholesale electricity prices to record lows, and accelerated the retirement of America’s aging coal plant fleet, significantly improving public health. These advances were made possible by technological innovations resulting from a sustained partnership between the gas industry and the American federal government. America is in the midst of a natural gas boom, fueled principally by the development of technologies enabling the extraction of large gas reserves trapped in shale formations. Shales now produce over 25 percent of domestic natural gas resources, up from 2 percent in 2001.