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  • Author: Robert A. Manning
  • Publication Date: 10-2014
  • Content Type: Working Paper
  • Institution: Atlantic Council
  • Abstract: The shale revolution, the combination of computer-aided horizontal drilling and hydraulic fracturing known as “fracking,” already has had a profound multidimensional impact. After the breakthroughs in information technology (IT) and biotechnology, shale may be the most transformational technological change so far in the twenty-first century. This report argues that shale gas and tight oil has: begun to radically shift global energy markets and redraw the global energy map, forty years after the Arab oil embargo; dramatically shifted the outlook for US energy security and our national strategic calculus; altered geopolitics, making the Western Hemisphere—Canada, the United States, Mexico, Brazil—the new center of gravity for oil and gas production; turned the future of oil debate on its head; debate about whether or not “peak oil” has been reached is over. Now the issue is whether or not we are approaching “peak demand;” has altered market economics to slow the deployment of wind, solar, and nuclear energy and a transition to a post-petroleum economy; yet also reduced US greenhouse gas (GHG) emissions by displacing coal as a source of electricity; strengthened the US economy with cheap gas prices triggering a resurgence in US manufacturing and; potentially repositioned the United States vis-à-vis the Middle East and Asia.
  • Political Geography: United States, Middle East, Canada, Asia, Brazil, Mexico
  • Author: David L. Goldwyn, Neil R. Brown, Megan Reilly Cayten
  • Publication Date: 08-2014
  • Content Type: Working Paper
  • Institution: Atlantic Council
  • Abstract: Mexico is poised for an energy renaissance. It has ample reserves of oil and natural gas, experience in energy production, promising economic fundamentals, and industrial expertise. In recent decades, Mexico has suffered from declining oil production, insufficient gas supply, and high electricity prices.
  • Topic: Emerging Markets, Energy Policy, Oil, Reform
  • Political Geography: Mexico