Many analysts and energy industry observers did not anticipate the impact unconventional gas and oil produced from tight deposits like shale would have on the industry. Technology and market fundamentals aligned to open vast reserves and facilitate production increases that caught many by surprise and are having wide ranging effects throughout the energy business and beyond.

This video from the recent US Association of Energy Economics conference features natural gas market experts discussing the shale gas phenomenon and what it means for everything from trading strategies to Russian production and export planning.