In recent years, North America has been viewed as a declining domain where domestically produced oil, natural gas and renewable energy would have difficulty keeping up with rising demand. Americans have voiced concerns about energy supply, pricing and security. However, the American energy industry is experiencing a renaissance in the global natural gas market — and oil could be next. This business boom, focused primarily on vast unconventional resources and driven by American ingenuity and technological innovation, portends a possible shift of the center of gravity in the energy world back to the Americas by the 2020s, away from the troubled Middle East, with extremely positive consequences for the U.S. economy and global position.
Papers and Presentations
- "The Status of World Oil Reserves: Conventional and Unconventional Resources in the Future Supply Mix"
Amy Myers Jaffe, Kenneth B. Medlock III, and Ronald Soligo
- "Grasping Opportunity: Why It Is Important and What Should Be Done"
The Honorable John M. Deutch, Institute Professor, Massachusetts Institute of Technology
- Remarks by Peter H. Lehner
Executive Director, Natural Resources Defense Council
- "North American Energy Potential"
Susan Farrell, Senior Director, PFC Energy
- "Geopolitical Implications of Shale Gas"
Amy Myers Jaffe