Shale Gas Revolution: Impact on Global Energy Supply and Geopolitics
Received Date: Nov 01, 2024 / Published Date: Nov 30, 2024
Abstract
The shale gas revolution has significantly transformed the global energy landscape, reshaping both energy supply dynamics and geopolitical relationships. Advances in hydraulic fracturing and horizontal drilling technologies have unlocked vast shale gas reserves, particularly in the united states, propelling it to become one of the world’s leading natural gas producers. This surge in production has led to a shift in global energy markets, reducing dependence on traditional energy exporters and contributing to a decrease in natural gas prices. However, the shale gas boom also raises questions about the long-term sustainability of these resources, environmental concerns, and the broader implications for international energy security. Geopolitically, the rise of shale gas has altered energy power structures, challenging the influence of OPEC and reshaping energy trade routes. This paper explores the multifaceted impact of the shale gas revolution on global energy supply and geopolitics, focusing on its economic, environmental, and strategic consequences.
Citation: Atari A (2024) Shale Gas Revolution: Impact on Global Energy Supply and Geopolitics. Oil Gas Res 10: 383. Doi: 10.4172/2472-0518.1000383
Copyright: © 2024 Atari A. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
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