The great US shale-based energy revolution has revitalized the American economy since 2008, and it’s just getting started

S just released a new study titled ”America’s New Energy Future: The Unconventional Revolution and the US Economy,” about America’s shale-based energy bonanza and the resulting huge energy-driven stimulus to the US economy, which is a truly transformative revolution that has been covered extensively on CD.  Here are some highlights:

 Overview: A game-changing revival is under way in the US energy industry that will simultaneously strengthen the nation’s energy independence while revitalizing the competitive position of our manufacturing sector on the world stage. Myriad new technologies, including seismic imaging, horizontal drilling and hydraulic fracturing are unlocking vast domestic reserves of oil and natural gas once trapped in shale and tight sands.

1. In just five years, unconventional activity from tight oil plays has added nearly 1.8 million barrels per day of new domestic crude oil production, helping to reverse a nearly three-decade decline in US oil production…

 

Read the story in its entirety at AEI.

America’s Energy Job Machine Heating Up!

Deep-sea drilling and fracking are helping to unearth abundant supplies of oil and gas. The coming energy renaissance could be just the elixir the U.S. economy needs.

By Richard Martin, contributor

FORTUNE — Thursday night in South Texas, and the parking lot at the Texas Roadhouse, on Highway 287 outside Port Arthur, is jammed. Big-shouldered Sierra trucks jostle with shiny Rams, F-150s, and Tundras, with a pearl-white, freshly polished Dodge Challenger sports sedan thrown in for contrast. Inside, manager David Gonzalez copes with an overflowing crowd and counts his blessings. “Every week this year we’ve been up 6% to 12% over the same week last year,” he tells an out-of-state visitor. “It’s a good time!”

Read the story in its entirety at Jobs Boom.