How America’s Shale Strategy Is Powering a New Middle East Energy Boom

The highly focused development of the U.S.’s shale oil and gas sectors from the early 2010s transformed it from one of the world’s biggest importers of both into one of its leading exporters of both. But it did much more than this: it reversed the balance of energy power in the world from where it had been left at the end of the 1973 Oil Crisis. As forecasts for the demand for gas continue to surge on fears of further global conflicts and on the dramatic expansion of data centres around the globe, the Middle East is looking to expand…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com