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Natural gas from shale: Texas revolution goes global

Author

Listed:
  • Robert W. Gilmer
  • Emily Kerr

Abstract

The Texas experiment in extracting natural gas from the Barnett Shale proved the technical feasibility of shale gas development and brought costs within bounds that promise to give shale gas an important role in global energy supplies for decades to come. ; Shale gas cost estimates vary widely, partly because of limited experience in a few basins and partly because the technology is evolving. Prices of competing energy sources at levels seen today will likely stimulate continued rapid development of natural gas from shale. However, additional regulations to protect or conserve groundwater could halt or slow development in some states or regions and reduce the projected contribution of shale gas to national energy supplies.

Suggested Citation

  • Robert W. Gilmer & Emily Kerr, 2010. "Natural gas from shale: Texas revolution goes global," Southwest Economy, Federal Reserve Bank of Dallas, issue Q3, pages 10-13.
    • Handle: RePEc:fip:feddse:y:2010:i:q3:p:10-13:n:3
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    Citations

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    Cited by:

    1. Wei, Yi-Ming & Kang, Jia-Ning & Yu, Bi-Ying & Liao, Hua & Du, Yun-Fei, 2017. "A dynamic forward-citation full path model for technology monitoring: An empirical study from shale gas industry," Applied Energy, Elsevier, vol. 205(C), pages 769-780.
    2. Peters, Jeffrey C., 2017. "Natural gas and spillover from the US Clean Power Plan into the Paris Agreement," Energy Policy, Elsevier, vol. 106(C), pages 41-47.
    3. Xin Chang & Yintong Guo & Jun Zhou & Xuehang Song & Chunhe Yang, 2018. "Numerical and Experimental Investigations of the Interactions between Hydraulic and Natural Fractures in Shale Formations," Energies, MDPI, vol. 11(10), pages 1-27, September.
    4. Øglend, Atle & Osmundsen, Petter & Kleppe, Tore Selland, 2015. "Trade with Endogenous Transportation Costs: The Value of LNG Exports," UiS Working Papers in Economics and Finance 2015/5, University of Stavanger.
    5. Centner, Terence J., 2016. "Reducing pollution at five critical points of shale gas production: Strategies and institutional responses," Energy Policy, Elsevier, vol. 94(C), pages 40-46.
    6. Fang, Guochang & Tian, Lixin & Yang, Zili, 2020. "The construction of a comprehensive multidimensional energy index," Energy Economics, Elsevier, vol. 90(C).
    7. Weihong Peng & Menglin Du & Feng Gao & Xuan Dong & Hongmei Cheng, 2018. "A New Analysis Model for Potential Contamination of a Shallow Aquifer from a Hydraulically-Fractured Shale," Energies, MDPI, vol. 11(11), pages 1-22, November.
    8. Oglend, Atle & Kleppe, Tore Selland & Osmundsen, Petter, 2016. "Trade with endogenous transportation costs: The case of liquefied natural gas," Energy Economics, Elsevier, vol. 59(C), pages 138-148.
    9. Justin Caron & Stuart M. Cohen & Maxwell Brown & John M. Reilly, 2018. "Exploring The Impacts Of A National U.S. Co2 Tax And Revenue Recycling Options With A Coupled Electricity-Economy Model," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 9(01), pages 1-40, February.
    10. Ringsmuth, Andrew K. & Landsberg, Michael J. & Hankamer, Ben, 2016. "Can photosynthesis enable a global transition from fossil fuels to solar fuels, to mitigate climate change and fuel-supply limitations?," Renewable and Sustainable Energy Reviews, Elsevier, vol. 62(C), pages 134-163.
    11. Wang, Qiang & Chen, Xi & Jha, Awadhesh N. & Rogers, Howard, 2014. "Natural gas from shale formation – The evolution, evidences and challenges of shale gas revolution in United States," Renewable and Sustainable Energy Reviews, Elsevier, vol. 30(C), pages 1-28.
    12. Wang, Qiang & Jiang, Feng, 2019. "Integrating linear and nonlinear forecasting techniques based on grey theory and artificial intelligence to forecast shale gas monthly production in Pennsylvania and Texas of the United States," Energy, Elsevier, vol. 178(C), pages 781-803.
    13. Middleton, Richard S. & Carey, J. William & Currier, Robert P. & Hyman, Jeffrey D. & Kang, Qinjun & Karra, Satish & Jiménez-Martínez, Joaquín & Porter, Mark L. & Viswanathan, Hari S., 2015. "Shale gas and non-aqueous fracturing fluids: Opportunities and challenges for supercritical CO2," Applied Energy, Elsevier, vol. 147(C), pages 500-509.

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