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The impact of shale revolution on the global energy market

The impact of shale revolution on the global energy market
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The Impact of the Shale Revolution on the Global Energy Market. This is the topic of the third week’s lecture. As a result of the shale gas revolution, the US has become self-sufficient in natural gas. The US no longer imports natural gas and significantly decreased imports of oil. How is this new US energy landscape changing the global energy market? How has all this led to the oil and gas glut? When will this oversupply rebalance?
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The goals of the third weeks lecture is to study: The current oil and gas glut, The causes of low oil and gas demand in Asia, The advancement of renewable energy, The difference between oil and gas market, Prospects for energy market rebalancing to 2020

The US no longer imports natural gas and significantly decreased imports of oil.

How is this new US energy landscape changing the global energy market? How has all this led to the oil and gas glut? When will this oversupply rebalance?

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Global Resource Politics: the Past, Present and Future of Oil, Gas and Shale

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