It’s The Gas, Stupid
China has revolution envy. The world’s largest energy consumer wants a natural gas boom to match the speedy transformation in the U.S., where shale gas production more than quadrupled between 2007 and 2012. Read Here – Bloomberg
Tag: shale gas
Shale To Not Pale Saudi Oil
the shale oil bonanza in the United States is actually a good thing for Riyadh. Over the last few decades, oil markets have experienced sharp price fluctuations, particularly with growing demand for oil in the emerging Asian economies. Read Here – Foreign Affairs
Melting Ice Heats Up The Arctic
No matter what one thinks should be done about global warming, the fact is, it’s happening. And its effects are not all bad. In the Arctic, it is turning an impassible region into an emerging epicenter of industry and trade, according to Scott Borgerson, Managing Director of CargoMetrics and Co-Founder of the nonprofit organization Arctic Circle. […]
Saudi Oil Power And Its LImitations
Saudi Arabia is facing multiple fronts for potential destabilization. A modern society and wealthy citizenry have depended on millions of skilled and unskilled foreign workers to build infrastructure and keep homes, banks and, restaurants running smoothly. Oil money is also behind tremendous investment in education and other social benefits. Yet fossil fuels are limited. Competition […]
Asia’s New Prize
Every few decades a new energy source comes online and promises to revolutionize the way the world fuels its economies. This was true of the shift from coal and whale oil to conventional oil in the 19th and early 20th century. Then, in the 1960s and 70s came the nuclear power revolution soon followed by […]
What If We Never Run Out of Oil?
As the great research ship Chikyu left Shimizu in January to mine the explosive ice beneath the Philippine Sea, chances are good that not one of the scientists aboard realized they might be closing the door on Winston Churchill’s world. Their lack of knowledge is unsurprising; beyond the ranks of petroleum-industry historians, Churchill’s outsize role in the history […]
The Big Energy Shift
Another milestone in China’s emergence as the world’s largest foreign energy consumer has been reached, with Chinese data indicating it has now become the largest net importer of oil. Amid the emergence of the United States as an energy superpower, China reportedly imported a net 6.12 million barrels of oil per day (bpd) last December, exceeding […]
’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 […]
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 […]
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 […]
looking beyond borders 