Shale 2.0: The Coming Big-Data Revolution in America’s Shale Oil Fields

E21 logoLearn how E21 views the forthcoming Shale Boom 2.0:

Shale 2.0: The Coming Big-Data Revolution in America’s Shale Oil Fields

By Mark Mills, E21, Economic Policies for the 21st Century at the Manhattan Institute

With petroleum prices down 50 percent over the past year, many analysts and pundits are predicting the end of America’s shale oil boom. Recent headlines include: “Oil Price Fall Forces North Dakota to Consider Austerity” (New York Times); “Oil Price Drop Hurts Spending on Business Investments” (Wall Street Journal); “The American Oil Boom Won’t Last Long at $65 per Barrel” (Bloomberg Business); and “The Shale Oil Revolution Is in Danger” (Fortune).

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