Posted November 25, 2014
U.S. Energy is Growing, and So is U.S. ‘Power’
CNBC: America's unexpected transformation into the world's biggest natural gas producer and one of the globe's largest oil producers will give the U.S. more geopolitical clout on the world stage—including in key relationships with China, Russia and the Middle East.
By 2020, the U.S. is likely to be energy independent, along with Canada, its biggest import and export partner. Add to that a new boom expected from a reforming energy industry in Mexico, and North America will more than hold its own as a powerhouse in the global energy market.
The ripple, however, will be increasingly felt across the world. In the next several years, the European Union could be importing U.S. gas—and possibly even oil, if current laws change—lessening Russia's stranglehold on the European economy.
Read more: http://cnb.cx/1vjWDEK
More industry news:
Opinion: The Job Creation Story Washington Should be Telling: http://bit.ly/1ANjrQp
Shale Gas Provides Largest Share of U.S. Natural Gas Production in 2013: http://1.usa.gov/1ANqI2O
Houston Keeps Working as a Job Creator: http://bit.ly/11UeAOb
Report: Without Fracking Boom, Oil Would Be at $150 Per Barrel: http://bit.ly/1uBkJWi
New Plant Purifies Water for Fracking: http://bit.ly/1ANxjdq
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.