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A Natural Gas Revolution? Examining the Impact
RFF First Wednesday Seminar
April 7, 2010

Over the past few years, the outlook for domestic natural gas markets has shifted dramatically. A few years ago, most forecasts showed the United States growing increasingly dependent on imports of liquefied natural gas (LNG). Now, it seems likely that North America will grow increasingly self-sufficient in natural gas, even if new climate policy initiatives substantially increase U.S. natural gas use. The shifting outlook owes to substantial increases in estimated U.S. shale gas resources. Estimates of conventional natural gas resources have remained steady while estimates of shale gas resources more than doubled from 2007 to 2009. Moreover, the cost of producing shale gas has also dropped considerably.
The recent gains in U.S. natural gas resources raises intriguing issues for energy markets and policy, among them:

How will greater supplies affect natural gas prices, consumption, imports, and world markets? What will the impact be on the costs of efforts to control carbon dioxide emissions? Will there be significant disruptions of local environments from shale gas extraction?
 

Audio and Video
Event Audio (mp3)
click to stream and right-click to download

Agenda and Bios
 
Introduction
Phil Sharp, President, Resources for the Future
Phil Sharp

Moderator

Alan Krupnick, Research Director and Senior Fellow, Resources For the Future

Panel

Stephen Brown, Nonresident Fellow, Resources For the Future
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Ian Duncan, Associate Director, Bureau of Economic Geology, The University of Texas at Austin
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Benjamin Schlesinger, President, Benjamin Schlesinger and Associates, LLC
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Panel Question and Answer
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