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."