Shale Impact on the U.S. Economy and Rest of The World

Seems like each day the impact of unconventional oil & gas revolution in the U.S. continues to amplify across the U.S. and the world.  I recently ran across an ExxonMobil blog that stated it's a billion-dollar per day shot in the arm for the U.S. economy as result of new supplies of Oil and gas.  The blog goes on to state that domestic energy supplies have increased 1,300% from January 2010 to April 2012.  A more recent article from USA Today  pegs the benefits at $2,000 per U.S. household and 3.3 million jobs created by 2020.  Energy costs for households have also reduced due to cheaper oil and gas.  All of this is a great trend that will continue to make the news and drive the economy.  Lastly saw a Twiiter post from the ONS show in Norway this week that stated investments in the north sea E&P were being re-evaluated based on the North America shale. Oh how the world has changed in the last 5 years.