The “Shale Gale”: What It Is and How It Will Reduce the U.S. Trade Deficit and Make Some American Companies More Competitive In World Markets.
Greg Gaston
Abstract
Linear changes in the environment, based on observable trends, are obviously easier to anticipate than non-linear
events. A non-linear change is taking place with respect to U.S. domestic energy production. This change,
resulting from employment of a new technology for extraction of petroleum and natural gas, has the potential to
dramatically reduce the U.S. Trade Deficit, increase domestic employment, and make American companies
heavily dependent on energy or on hydrocarbons for raw material more competitive on the world stage. This is
an information paper describing that change.
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