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ID127930
Title ProperAmerica's energy edge
Other Title Informationthe geopolitical consequences of the Shale Revolution
LanguageENG
AuthorBlackwill, Robert D ;  O'Sullivan, Meghan L
Publication2014.
Summary / Abstract (Note)Only five years ago, the world's supply of oil appeared to be peaking, and as conventional gas production declined in the United States, it seemed that the country would become dependent on costly natural gas imports. But in the years since, those predictions have proved spectacularly wrong. Global energy production has begun to shift away from traditional suppliers in Eurasia and the Middle East, as producers tap unconventional gas and oil resources around the world, from the waters of Australia, Brazil, Africa, and the Mediterranean to the oil sands of Alberta. The greatest revolution, however, has taken place in the United States, where producers have taken advantage of two newly viable technologies to unlock resources once deemed commercially infeasible: horizontal drilling, which allows wells to penetrate bands of shale deep underground, and hydraulic fracturing, or fracking, which uses the injection of high-pressure fluid to release gas and oil from rock formations.
`In' analytical NoteForeign Affairs Vol. 93, No.2; Mar-Apr 2014: p.102-114
Journal SourceForeign Affairs Vol. 93, No.2; Mar-Apr 2014: p.102-114
Key WordsUnited States ;  Gas Production ;  Conventional Gas ;  Costly Natural Gas Imports ;  Global Energy Production ;  Eurasia ;  Middle East ;  America's Energy Edge ;  Shale Revolution


 
 
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