Yergin: US energy policies must reflect unconventional resources

US energy policies should be adjusted to reflect a changed energy outlook resulting from growing unconventional oil and gas activity, experts told a US House Energy and Commerce subcommittee's hearing. The question of the US unconventional revolution's potential geopolitical consequences has triggered international discussions, IHS Vice Chairman Daniel Yergin said in written testimony for the Feb. 5 hearing. Unconventional resources were discussed earlier this month at the Munich Security Conference, a world forum for leading defense and security officials, Yergin noted. "This kind of question was never on that agenda before," he said. Expanded oil and gas supplies unquestionabl...

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