Implications of a Shale Revolution

Shale Revolution Natural Gas

California has been on the radar lately for its abundant shale reserves, but what does this really mean for the US and Global energy markets? Goldman Sachs Global Investment Research recently released a video discussing what to expect from this space in coming years.

Jeff Currie (head of Commodities Research) expects a loosening of global energy supply constraints, increases in the disposal income of developed markets, and a leveling of equality between headline and core inflation resulting in a stabilization of commodity prices.

[Photo: Daniel Foster/Flickr]