Fed Bank of Atlanta: U.S. To Enter an Energy Renaissance

” New finds of natural gas from shale and other unconventional resources are having a considerable impact on the economy. “You’re seeing service companies, drilling companies, independent oil and gas companies moving into these areas where historically we haven’t had production in over a hundred years,” said Professor David Dismukes, associate director of the Center for Energy Studies at Louisiana State University (LSU). In a recent interview with Mike Chriszt, a vice president in the Atlanta Fed’s research department, Dismukes described the United States as entering an energy renaissance period, with a bright outlook for future reserve development, production, and capital expenditures….”

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