... recorded around 2006, will never be beaten. In all, we should expect a continuation of the trend originally began in the 1980s, whereby rapid improvements in energy efficiency have set precedent for a much more sluggish demand.
Resurgence of the USA – No Longer a One Way Ticket:
USA is anticipated to produce 101% of its energy needs by 2035, up from a low 69% in 2005, which means as a result it will be energy self-sufficient. Also, as a result the North American region, including Canada,...
... "no single nation or group can dominate world's affairs"; this could be just rhetoric, but it still aids to dispel some peoples worry that Russia's Chinese neighbour could be a threat, while also calling for the final end of USA's hegemony (See: SCMP). Albeit, it is hard to see China not taking the lead regionally and globally in the future as it clearly dominates, particularly in the BRICs (economically and politically). The days of it being the young brother of ...
...
Findings and Conclusions
- Demand Carousel turns towards the Developing States:
In developed economies demand is expected to stagnate. In Europe, perceptions about gas... ... it has no own energy reserves, making it a premium market for all exporters.
- Shale Gas Revolution:
The US ‘shale gas revolution’ has made this previously... ... self-sustainable entity, with a net-equal position between its imports and exports. USA even had to convert its now useless LNG terminals (which it first built at a massive...
... where information can be shared or even energy sector civil society.
Revenkov, V. (Oil & Gas Institute of Energy & Finances): Shale Gas Revolution
In the world of energy trade which may seem slow and quite traditional, things in fact can alter swiftly ... ... begin to lose market share – which has not changed in the last decade. The decision must be well calculated, yet quick, as USA has almost achieved independence from energy imports due to shale which could supply North America, Australian shale could ...
