Will Shale Impede or Accelerate the Global Energy Transition?
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Abstract
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Abstract
United States (U.S.) shale has transformed oil market dynamics in ways we never thought possible. Shale oil has transformed the oil supply curve through massive supply shocks, such as the rapid increase in tight oil production over the past decade, alongside productivity and technology developments.
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United States (U.S.) shale has transformed oil market dynamics in ways we never thought possible. Shale oil has transformed the oil supply curve through massive supply shocks, such as the rapid increase in tight oil production over the past decade, alongside productivity and technology developments.
Key concepts: Oil shale, Tight oil, Productivity, Shale oil extraction, Petroleum engineering, Shale oil, Natural resource economics, Shale gas