# Advanced geothermal and Unconventional oil and gas

Their prices have moved together.

Source page: https://www.materialinsights.org/links/advanced-geothermal-and-unconventional-oil-and-gas/

[Advanced geothermal](https://www.materialinsights.org/energy/e_adv_geo/) (energy) and [Unconventional oil and gas](https://www.materialinsights.org/energy/e_oil_gas_unconv/) (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.