Monday, June 18, 2012

The Impact On World Geopolitics As The Energy Picture Changes In Favor Of The West

How Is Energy Remaking the World? -- Daniel Yergin, Foreign Policy

To navigate the complicated new politics of oil and gas, FP asked the author of The Quest and leading U.S. energy historian to help shape our latest survey -- and guide us through the results.

The outlook for the U.S. energy supply is very different from what it was just four years ago, the last time oil prices were going up -- and the last time Americans were electing a president. Back then, it seemed the only questions were how fast oil imports would continue to rise and whether the United States was destined to import increasing amounts of natural gas. But the years since have seen an astonishing revival in U.S. oil and gas production, and with it a change in the national conversation about energy. In the presidential campaign ahead, the debate over America's energy policy is likely to be very different from years past.

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My Comment:
A rather good post on how the world's energy picture is changing.

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