SHALE GAS WILL CHANGE THE WORLD

Amy Myers Jaffe, the Wallace S. Wilson Fellow in Energy Studies at the Baker Institute, writes about shale gas in a commentary in the May 10, 2010, edition of The Wall Street Journal. Jaffe, who also is the director of the Baker Institute Energy Forum, writes:

"I have been studying the energy markets for 30 years, and I am convinced that shale gas will revolutionize the industry — and change the world — in the coming decades. It will prevent the rise of any new cartels. It will alter geopolitics. And it will slow the transition to renewable energy."

• Read Jaffe's entire commentary, "Shale gas will rock the world" on The Wall Street Journal website.
• For more on shale gas, read "Shale Gas: A Game-Changer with Global Implications," by Ken Medlock, James A. Baker, III, and Susan G. Baker Fellow in Energy and Resource Economics. This October 2009 piece discusses Baker Institute models that suggest that improvements in shale gas technology are contributing to a decrease in the use of liquefied natural gas, and that this trend is likely to continue into the early 2020s.