This overview is adapted from The Conference Board KnowlEdge Series® for member organizations, including two webcasts entitled "New Trends in Energy Markets."
A new technology—fracking—has radically boosted supplies of natural gas in the United States, creating the biggest disruption in energy markets since the 1970s. An oil boom may follow. But more natural gas and oil may not bring a stable operating environment for businesses where energy is concerned. Because it’s difficult to make linear forecasts based on past patterns extrapolated into the future, energy-intensive businesses might find it more useful to use scenario planning to develop strategy.