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Clients recently approach us for equity strategy related to the shale gas industry. On one hand, shale gas is viewed as “the biggest energy innovation of the decade” and can significantly expand the supply for the US and the whole world. One the other hand, the current depressed natural gas...
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strives to decrease reliance on imported oil and coal, while attempting to meet growing energy demand and maintain a certain …
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According to recent assessments, the United States has considerably more recoverable natural gas in shale formations than was previously thought. Such a development raises expectations that U.S. energy consumption will shift toward natural gas. To examine how the apparent abundance of natural...
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US shale gas production is generally expected to continue its fast rise. However, a cautious evaluation is needed. Shale gas resource estimates are potentially overoptimistic and it is uncertain to which extent they can be produced economically. Moreover, the adverse environmental effects of...
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Economic transitions have the potential to displace workers and cause social unrest. Coal mine closures in the eastern … closures, such as rising production costs and decreasing coal demand from the electricity sector. This analysis utilizes unique … data on coal mine and power plant operation to estimate the impact of supply and demand factors on mine closure. We model …
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