Shale oil worker checks hydraulic fracturing pumps in Texas

Shale energy shows the power of markets

  • Renewable and shale oil technologies have matured at nearly the same time
  • Shale’s effect on output and markets better fits the definition of a disruptive technology
  • By bolstering U.S. energy independence, shale has big political implications as well

When experts, policy makers and commentators discuss major technological developments in the energy sector, their attention is often focused on modern renewables, which they describe as disruptive technologies.

If one takes a closer look at the data, however, a clear fact emerges: the impact of new technologies in fossil fuels, specifically those developed to produce shale oil and shale gas, has been larger than that of renewables. Shale technology has been by far the more powerful force, fundamentally altering the global energy markets and challenging the existing order, with serious spillover effects on the global economy and geopolitics.

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Dr. Carole Nakhle
The development of shale has made trade more fungible and challenged the old pricing order
read more about it in the report
What's inside
  • Renewable and shale oil technologies have matured at nearly the same time
  • Shale’s effect on output and markets better fits the definition of a disruptive technology
  • By bolstering U.S. energy independence, shale has big political implications as well
Who will benefit?
  • Report is targeted to the decision makers in cross country manufacturing – suppliers, manufacturers, logistics.
  • Also considered useful for the administrative university facilities, to better understand the possibe effects of current decisions.
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