Much has been said about the shale (oil and gas) revolution, but according to Christof Rühl, Group Chief Economist and Vice-President of BP, its real implications have yet to sink in. He points out, for example, that no detailed assessment has been made yet of its macro-economic impacts. In this wide-ranging analysis, Rühl – one of the world’s most influential energy economists – discusses some of the major implications of shale. He notes that as … [Read more...]
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