U.S. out-produces rest of world in oil and gas from shale

By Keystone Clearwater Solutions -

The Institute for Energy Research in Washington, D.C., says that despite other countries having significant oil and gas reserves in tight shale plays, the U.S. is the only nation that has capitalized on the energy resources of it shale reserves.

“The U.S. system of laws and regulations has led to the shale revolution here,” said Dan Simmons, IER vice president of policy.

He noted that where that revolution has happened in the U.S. is evidence of the role laws and regulation play in developing shale energy resources.

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