Technological advances in horizontal drilling and fracking facilitated access to substantial new reserves of natural gas and light oil imbedded in shale formations thousands of feet beneath the earth s surface. With gas reserves up by more than natural gas prices fell from to per thousand cubic feet. Tight oil production in North Dakota and Texas soared to more than barrels daily.
Because government policy directly controlled gas exports as LNG oil exports and pipeline imports public policy became the object of intense disputes among oil and gas producers manufacturing and petrochemical interests utilities and environmentalists. Exporting gas or oil could affect higher prices in the United States but yield significant revenues jobs and balance Chinese Overseas America Number Data of payments benefits. Refraining from exporting however would help consumers reduce coal combustion and attract energy intensive businesses to the United States. And by reducing imports America s foreign policy interests in the Middle East could also change. It remained to be seen what U.S policy would ultimately imply for the world economy. Purchase this case hbr product the u s shale revolution global rebalancing an PDF ENG HARVARD BUSINESS SCHOOL CASE VP Group Vegpro Grows Beyond Kenya In Kenyan horticulture producer and exporter.
VP Group is weighing potential expansion opportunities against the growing risks in its production and export markets. With million in revenues VP Group has grown rapidly in recent years by expanding its vegetable and flower production beyond Kenya into products such as sugar and vertically integrating by bringing marketing and logistics operations in house. The company s leadership is excited about future growth opportunities but also concerned about the impact of VP Group s growth on its entrepreneurial culture.