UNITED STATES
 
The US ‘shale revolution’ has harnessed technical evolutions to massively boost production. But this has brought a collapse in US gas prices. Is production sustainable? Do LNG export plans stand up? This is the third part in a series on US shale (see MEES, 5 July and 27 September for parts 1 and 2.)
 
Innovation increases productivity. Productivity fosters economic growth. Economic growth generates work, which produces jobs, wealth, purchasing power...