EIA Sees Continued Reshaping of U.S. Economy from Shale Revolution

SUGAR LAND--July 2, 2014--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--The shale revolution will continue transforming the U.S. economy, creating sizable benefits for Oil & Gas Producers, consumers and energy-intensive manufacturers through 2040, the U.S. Energy Information Administration (EIA) (Washington, D.C.) said its 2014 Annual Energy Outlook (AEO). In building its AEO, EIA uses three cases--Low, Reference, and High--to project changes to energy markets through 2040.