The coming ‘Quantum Discontinuity’ in the Global Energy Markets

The recent evolution and success of shale oil and gas production in the US has created a quantum discontinuity in the global energy and geopolitics. The global production outlook within the international energy community has changed dramatically, which envisages continued increases in US oil and gas production in the coming years, which will diversify the energy mix and enhance US energy security. The emergence of the US ‘Shale revolution’ is also a serious threat to the foreign countries relying on their existing reserves of conventional hydrocarbons, as the significant production increases in the US has reduced US reliance on foreign energy sources.

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