How U.S. shale exports forever changed global oil markets
Shale has shown us what is still in the bowels of the planet and that oil & gas are practically limitless. Sure, this is a finite planet and therefore, there is a finite amount of oil & gas in it but our estimates have been far, far off the mark. Shale is also transforming oil from a drill and miss business towards a data-driven farming business where patches are carefully managed for longer and better oil and gas production. New ways to get the stuff out of the crust are being developed all the time. In time drillbit sensing and analytics change the act of drilling itself. Oil & gas have become exciting innovative businesses. And there is a lot more where that came from.