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Energy, Economic Growth, and the “Invisible Hand”

Released on Thursday, August 23, 2018MARKETS
An energy revolution begun in Texas not long ago, now well underway, is spreading its dominance across the world. This shale gale is driven not by nationally owned energy companys (NOCs) as is the cartel known as OPEC or huge multinational corporations, but by small- to medium-sized energy
companies operating in a competitive market. The economic and geopolitical opportunities are colossal. Will the invisible hand of the market prevail to fuel economic growth of the 21st century?

Kathleen Hartnett White
Armstrong Center for Energy & the Environment, Distinguished Senior Fellow and Director

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