Posted April 28, 2014
US Energy Renaissance Brings Important Foreign Policy Choices
Breaking Energy: Two timely research studies from think tanks inside the Beltway address energy security with particular focus on America’s new role in rearranging the established global energy order. This order is in flux precisely because of the renaissance in the American energy sector ignited by its shale (tight) oil and gas boom. Over the last decade, US crude oil and natural gas production has risen significantly. According to EIA projections in its AEO2014 Reference case, US natural gas production will continue to grow, increasing by 56% between 2012 and 2040. Similar gains are projected for US oil production.
A new Center for Strategic and International Studies (CSIS) study – titled “New Energy, New Geopolitics: Balancing Stability and Leverage”- examines how much the US shale revolution has already altered America’s geopolitical calculus and how all those increased energy supplies add to America’s ability to lead and exert political as well as economic leverage to advance particular foreign policy goals. According to CSIS, it comes down to assessing the potential strategic impact of shifts in the energy landscape on global trade and geostrategic relations.
Read more: http://bit.ly/1hK670E
More industry news:
Senators Make the Case for U.S. LNG Exports: http://wapo.st/QR3lkM
U.S. LNG Export Can Have Large Impact Overseas: http://bit.ly/1fl7997
North Slope Natural Gas No Longer a Pipe Dream: http://bit.ly/1nzpUYG
Industrial Nations’ Greenhouse Gas Emissions Fell in 2012, Led by the U.S. http://bit.ly/1iu41SX
Column: Dirty Politics Clog Keystone XL Pipeline: http://usat.ly/1mS2efy
Union Leader: Latest Keystone Delay is ‘Killing Jobs’ http://washex.am/1m1F0Cj
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.