Canadian oil sands development is now operating at scale, the shale gas and
tight oil revolutions are upon us in the United States, and major institutional energy reforms in Mexico are under way that could enable substantial new investment in the Mexican oil and gas sector.
In particular, he's an excellent commentator on all things energy, such as the so - called «shale gas and
tight oil revolution» and the much vaunted «U.S. Energy Independence» meme (is meme still a word?).
Not exact matches
While the report examines a range of energy sources, the centerpiece of «Drill, Baby, Drill» is a critical analysis of shale gas and shale
oil (
tight oil) and the potential of a shale «
revolution.»
The dramatic rise in shale - gas extraction and the
tight -
oil revolution (mostly crude
oil that is found in shale deposits) happened in the United States and Canada because open access, sound government policy, stable property rights and the incentive offered by market pricing unleashed the skills of good engineers.
The
revolution is a shale energy / fracking
revolution, carried along by the combination of modern hydraulic fracturing and advanced horizontal drilling that unlocked vast reserves of
oil and natural gas in shale and other
tight - rock formations.
That projection — almost unimaginable less than a decade ago — results from the energy
revolution, in which private investment and private producers are accessing vast quantities of
oil and natural gas from shale and other
tight - rock formations, safely and responsibly, via modern hydraulic fracturing and horizontal drilling.