Mexican energy reforms have opened the door to shale gas from the United States—and imports are booming. U.S. natural gas production reached a record high in July 2015, largely due to increased shale drilling dating back to 2010 in the Marcellus field in the Northeastern U.S. and the Permian...

This study uses a structural vector autoregressive (SVAR) model to examine the relationships between the intensity of drilling (i.e. investment) for natural gas production, natural gas withdrawals, economic activity and natural gas prices in the United States. The results show that the reaction...