The Energy Report - The Numbers Speak For Themselves

By International Business Times,  January 09, 2013, 08:51:41 AM EDT

Sometimes statistics lie and liars use statistics yet when it comes to the shale gas revolution the numbers are saying that the energy world has changed forever. Numbers released yesterday by the Energy Information Administration speak volumes and they tell a story of an industry that has achieved what many said was impossible. They tell a story of the free market place, where high prices and the pursuit of profits inspired man to think outside of the box and solve the impossible. Instead of talking about "peak oil" or being held hostage to foreign oil producers we are now trying to decide the best way to handle our energy abundance.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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