’Energy Independence’ Alone Won’t Boost U.S. Power

“We are finally poised to control our own energy future,” said President Barack Obama in his State of the Union message, noting the drastic increase in American energy production from unconventional oil and gas resources. Controlling our energy future means more than just producing a greater amount of our own energy. It also means harnessing this energy […]

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U.S. Shale Gas Revolution Hits Asia

Asia’s energy-hungry economies are turning to a new, politically stable and potentially cheaper source of gas: the United States. While the domestic debate continues over U.S. energy exports, major gas importers such as Japan, South Korea and China are scrambling to invest in the new energy superpower’s gas projects. Should major exporters of liquefied natural gas […]

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Australia: The New Saudi Arabia?

Shale gas may be sparking an energy revolution in the United States andpotentially even China , but it has attracted relatively little attention in Australia. All that may have changed with a recent announcement by Brisbane-based energy explorer, Linc Energy. Linc shares surged 24 percent after it told the Australian Securities Exchange (ASX) on January 23 that its […]

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Fracking For Uranium

No tour of Uranium Energy Corp.’s processing plant in Hobson, Tex. is complete until CEO Amir Adnani pries the top off a big black steel drum and invites you to peer inside. There, filled nearly to the brim, is an orange-yellow powder that UEC mined out of the South Texas countryside. It’s uranium oxide, U3O8, otherwise known […]

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China’s Interests Are Regional, Not Global

Most analysts believe that US President Barack Obama’s foreign policy in the four years of his second term will be preoccupied with the Asia-pacific region and the perceived threat posed by China. Indeed, presenting China as the No 1 global challenge to US strategic and economic interests is by no means a novel trend in […]

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East Asia: Stop Squabbling, Start Drilling

Large oilfields often don’t fall neatly within national boundaries. Intent on securing underground or undersea reserves, nations contest territorial claims. China battles Japan for the Diaoyu/Senkakku Islands and ASEAN members for large sections of the South China Sea. Settling disputes quickly is in the interest of all claimants, particularly those with less technological expertise, suggests […]

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Bye-Bye, Middle East?

For some time now, a certain strategic vision has been gaining traction: the United States is becoming energy-independent, paving the way for its political retreat from the Middle East and justifying its strategic “pivot” toward Asia. This view seems intuitively correct, but is it? Energy-hungry America has long depended on the global market to meet […]

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China’s Oil Quest Comes to Iraq

A lot of attention has been paid in recent years to energy-hungry China’s billion-dollar bids on oil fields in Canada and the Asian giant’s reliance on oil from countries like Iran and Sudan to fuel its growing economy. But its growing interest in another major oil producer has gone largely unnoticed, and if current trends […]

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