| ID | 128008 |
| Title Proper | Frack to the future |
| Language | ENG |
| Author | Maugeri, Leonardo |
| Publication | 2014. |
| Summary / Abstract (Note) | THE WORLD has been caught by surprise by the United States' shale-oil boom. Analysts and experts are still clashing about both its true extent and the possibility of extending a shale revolution beyond North America. In just a few years shale oil could make the United States the world's top oil producer. But a shale revolution is unlikely in the rest of the world, due to some unique factors that characterize the U.S. oil and gas patch. The single-minded focus on the future of shale oil, however, risks obscuring another evolving dimension of the global oil picture that defies the past pessimism spread by peak-oil theorists who claimed that shortages loomed: beyond the United States, the world's oil-production capacity is also growing much faster than demand. |
| `In' analytical Note | National Interest vol. , No.130; Mar-Apr 2014: p.53-60 |
| Journal Source | National Interest vol. , No.130; Mar-Apr 2014: p.53-60 |
| Key Words | United States ; Oil ; North America ; Oil Producer ; Exports ; Gas ; Middle East ; Global Oil Market ; Energy Security |