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Shale Revolution.pdf

Shale_Revolution_and_the_New_Geopolitics_of_Energy.pdf
Preview of Shale Revolution
🔗 Source: atlanticcouncil.org
📊 Size: 1.57 MB
📄 Pages: 20 pages
⬇️ Downloads: 140

Summary

The shale revolution has profoundly impacted global energy markets, shifting the global energy map, altering geopolitics, and transforming the US energy security landscape. The US is projected to surpass Saudi Arabia as the world's number one oil producer by 2017 and become a net exporter by 2030. The shale revolution has increased US energy production, reduced dependence on oil imports, and strengthened the US economy. However, it is a mistake to talk of US energy independence, as it remains a global market for oil. The shift in global energy production from the Persian Gulf to the Western Hemisphere has significant implications for Europe, Asia, and the Middle East, and may reduce CO2 emissions and alter market economics.

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Description

The shale revolution has profoundly impacted global energy markets, shifting the global energy map, altering geopolitics, and transforming the US energy...

Technical Information

  • File Format: PDF
  • File Size: 1.57 MB
  • Pages: 20
  • Language: EN
  • Total Downloads: 140
  • Last Updated: 1 month ago

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