Thursday, July 21, 2011

Huge Geopolitical Repercussions From Expansion Of US Shale Gas Production

From "US shale gas weakening Russian, Iranian petro-power" on Sciencblog:
“The geopolitical repercussions of expanding U.S. shale gas production are going to be enormous,” said Amy Myers Jaffe, the Wallace S. Wilson Fellow for Energy Studies and one of the authors of the study. “By increasing alternative supplies to Europe in the form of liquefied natural gas (LNG) displaced from the U.S. market, the petro-power of Russia, Venezuela and Iran is faltering on the back of plentiful American natural gas supply.”

1 comment :

  1. Shale gas is natural gas formed from being trapped within shale formations.Shale gas has become an increasingly important source of natural gas in the United States over the past decade, and interest has spread to potential gas.