Posted April 9, 2014
U.S. Energy and the Geopolitical Future
Wall Street Journal: The global energy equation has changed dramatically in recent years, thanks in large part to the impact of the shale-gas revolution. To get a handle on how the expectations of huge gas exports may shape the geopolitical future, The Wall Street Journal's John Bussey talked to Daniel Yergin, author and Vice Chairman of IHS Inc. Edited excerpts of their conversation follow.
MR. BUSSEY: Give us a geopolitical map of the world. What are the rising and diminishing powers?
MR. YERGIN: We're seeing a rebalancing of global oil supply in which we're going to a have a north-south and south-north flow in the Western Hemisphere. That means that the Middle East and Asia, and particularly China, are going to be much more connected. That raises very interesting questions about who's responsible for guarding the sea lanes and so forth.
Read more: http://on.wsj.com/1itOMtK
More industry news:
More Proof that the U.S. is Kicking the Imported Oil Habit: http://bit.ly/1ek7AQJ
Failure to Lift U.S. Oil Export Ban May Cause Big Drilling Drop, Pioneer CEO Says: http://bit.ly/1sBjUzN
There’s One New Oil Play You Need to Put on Your Radar: http://bit.ly/PSrxTk
Pennsylvania Economic Development Official Predicts Region’s Industrial Rebirth: http://bit.ly/1qscf2M
Natural Gas Boom Benefitting the Local Economy: http://bit.ly/1htGPJP
Oklahoma City Gets Its First LNG Station: http://bit.ly/1lKH4zn
ABOUT THE AUTHOR
Mary Schaper is a Digital Communications Manager for the American Petroleum Institute. She previously worked on Capitol Hill for the Senate Energy and Natural Resources Committee as Digital Director and for Senator Lisa Murkowski. Before coming to D.C., she spearheaded digital strategy for Murkowski's successful Senate write-in campaign in 2010. Schaper enjoys traveling and taking in the local culture alongside her husband, their son and loyal springer spaniel.