Monday, October 29, 2012

Study: ‘One of the Most Significant Energy Events in the Last 100 Years’

by Mark Green, Oct. 23, 2012
Additional insight on the new IHS Global unconventional oil and natural gas study that projects more than $5.1 trillion in industry cumulative capital spending by 2035, supporting 3.5 million jobs. Here’s John Larson, IHS vice president for public sector consulting, during a conference call with reporters:
“This really is … a game changer in energy production for the United States. It’s a really rapid rise and a dramatic shift. You don’t often get to see the words ‘game-changer,’ or ‘sea change’ used around these types of events, but this is one of them. We think it’s one of the most significant energy events in the last 100 years.”
Here’s what an energy “sea change” looks like:  To Read More…..

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