Posted November 10, 2014
Benefits of the U.S. Oil and Natural Gas Boom are Permanent, Says Citi
Forbes: The return of the U.S. as an energy superpower will not be a short-term event with the economic benefits likely to last “at least two generations”, according to the latest research from Citi.
That is one of the key findings in a report from the commodities team at the New York-based bank.
Titled “Energy 2020 Out of America” the 96-page document paints a picture of significant change flowing from increased oil and gas production in the U.S. including a dramatic reduction in the country’s current account deficit and a sharp increase in the value of the dollar.
Read more: http://onforb.es/1EkIlV9
More industry news:
U.S. Shale Natural Gas Output Breaking Records: http://bit.ly/1ssJcwo
Opinion: Drop Crude Oil Export Ban to Keep Shale Revolution Going: http://onforb.es/1wby9K5
North Dakota State Parks Booming Along with Oil Patch: http://bit.ly/1EvjbVQ
Utica Shale Helps Family Save Carroll County Farm, Transforms Rural Ohio: http://bit.ly/1pJwpLq
Editorial: Get off the Fence: Time for Cuomo to Clear the Path for Fracking in New York: http://bit.ly/145l1jl
ABOUT THE AUTHOR
Mary Schaper is a Digital Communications Manager for the American Petroleum Institute. She previously worked on Capitol Hill for the Senate Energy and Natural Resources Committee as Digital Director and for Senator Lisa Murkowski. Before coming to D.C., she spearheaded digital strategy for Murkowski's successful Senate write-in campaign in 2010. Schaper enjoys traveling and taking in the local culture alongside her husband, their son and loyal springer spaniel.