U.S. Shale Gas Can Change Energy Geopolitics

Study Says U.S. Shale May Weaken Iran, Russia -- Houston Chronicle

The natural gas boom in the U.S. has weakened Russia's influence on European energy supplies and could keep Iran's influence in check for years to come, according to a new study from the Baker Institute for Public Policy at Rice University.

The study, "Shale Gas and U.S. National Security," says the surge of drilling in shale formations will have an impact on global supply for years to come and limit the need for the U.S. to import liquefied natural gas, or LNG, for at least 20 to 30 years.

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My Comment: On paper this looks impressive .... but .... my prediction is that environmental concerns will trump natural gas development, especially with this administration.