We’ve all heard the news reports: “Shale resource developments have the potential to make the US energy independent for the first time since 1952.” The long-term impact of shale resourc..
We’ve all heard the news reports: “Shale resource developments have the potential to make the US energy independent for the first time since 1952.” The long-term impact of shale resources will have far-reaching implications for everything from US energy policy to foreign policy. But we don’t have to wait until sometime in the future to reap the economic benefits of shale developments relative to hydrocarbon processing, particularly shale oil.
Second chance for refiners
Liquids-rich shale plays from North Dakota to South Texas, and from the East Coast to the Mid-Continent are reducing energy costs, adding jobs, and reviving companies and communities, from mom-and-po
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