S&P report explores the far-reaching impacts of the domestic shale boom

Last week, financial services company Standard & Poor's (S&P) released a report exploring the positive, negative and mixed impacts that the domestic shale boom is having on a variety of industries, a press release from the company announced. The report, "Game Changer: Industry Winners And Losers From The U.S. Shale Revolution," found that domestic oil and gas production is not only "spurring the growth of the oil and gas sector and the economy as a whole," but is also effecting "the economics, financial performance, and credit metrics of over 20 other industries." S&P concluded that the shale boom is "becoming an increasingly important pillar of U.S. economic growth." For more, including a link to purchase the report, read the full press release.

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