Advanced geothermal and Unconventional oil and gas

Their prices have moved together.

Advanced geothermal (energy) and Unconventional oil and gas (energy): 1 relationship.

How they are linked

1. Price link: shared technology

Cost and price · Moderate · Both ways

Horizontal drilling and fracturing from shale gas made enhanced geothermal possible. The drilling proxy and the WTI price share the drilling cycle, with yearly changes correlating at 0.33. Shale firms are moving into it.

• 0.10 monthly change correlation
• 0.33 12-month change correlation
• 0.19 fitted elasticity

Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.