US energy policies creak in a changing world
Accepted wisdoms crumble due to energy independence, a capricious administration, Middle Eastern adventurism and the rise of China
You cannot over-estimate the impact of the shale revolution on US policy. So said veteran energy expert Edward Chow at the Flame conference in Amsterdam in May. Nor is he the only energy strategist to see the US approach to the global energy market and its interaction with the wider geopolitical environment changing or needing to change. An import-dependent US was very much allied with its partners in Europe and Asia, says Chow, now a senior associate for the Center for Strategic and International Studies (CSIS). But, with the US becoming a major refined products and gas exporter, and well on its way to being a net exporter of crude, the "close energy security alliance and alignment has disa
Also in this section
10 May 2024
The US’ contentious LNG permitting pause has prompted criticism from CEOs and wildly differing interpretations from politicians
9 May 2024
Pipeline boosts Canada’s oil industry by widening its export options, making it less reliant on US market and bringing Asia into the mix
8 May 2024
Despite Australia’s first import terminal nearing completion, the prospect of additional regasification projects is far from certain