The shale gas and tight oil boom: U.S. States’ economic gains and vulnerabilities
U.S. policymakers have been concerned about the country’s dependence on imported energy since World War II. Those concerns were highlighted in the 1970s when episodes of sharply rising oil prices led to recessions, economic stagnation, and high inflation. However, recent gains in U.S. oil and natural gas production are changing the dialogue about U.S. energy strengths and vulnerabilities… (extr. introduction)
