Goldman Sachs Report on What’s Holding Back the Shale Revolution

The analysts at Goldman Sachs released a new report earlier this month titled, “Unlocking the Economic Potential of North America’s Energy Resources” (full copy embedded below). The report says the clock is ticking and time is limited for North America to take advantage of the shale oil and gas boom currently under way. And what, pray tell, is holding us back? Certainly not capital (i.e. money) for drilling. Rather, it is money for what the report’s authors say is on the “demand response” side of the equation. That is, the infrastructure (pipelines) to get oil and gas where it needs to go, and manufacturing plants to take advantage of all this cheap, abundant energy, which would provide magnitudes more jobs…

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