Introduction In this issue brief, we provide an overview of the economic, policy, and technology history of shale gas development in the United States to ascertain what led to the shale gas boom. For a much more detailed review, see our discussion paper (Wang and Krupnick 2013). In the past decade, shale gas experienced an extraordinary boom in the United States, accounting for only 1.6 percent of total US natural gas production in 2000, 4.1 percent by 2005, and an astonishing 23.1 percent by…
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