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The McKinsey Global Institute has identified shale energy as a “game changer” for the world economy, estimating that it could boost America’s GDP by as much as 4 percent ($690 billion) per year and add 1.7 million permanent jobs to the labor market by 2020.

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I think this number will be closer to 1 trillion annually by 2018. The coming production surge is much higher than currently acknowledged.
1 posted on 12/28/2013 8:42:14 PM PST by ckilmer
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To: ckilmer
OBAMAS EPA has three more years…with obamacare going south he is going be one spiteful SOB..
2 posted on 12/28/2013 8:46:56 PM PST by Hojczyk
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To: thackney

Ping.


3 posted on 12/28/2013 8:48:06 PM PST by Army Air Corps (Four Fried Chickens and a Coke)
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To: ckilmer

It will be of little effect. THe government will not allow gas to drop below $3.00 per gallon. They will just rake in more tax money. The effects of cheaper fuel cost will never materialize.


4 posted on 12/28/2013 9:15:13 PM PST by Bryan24 (When in doubt, move to the right..........)
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