For good or ill, the shale gas revolution in the United States has turned the global energy market on its head.
In a few short years, the US has gone from being a large net importer of gas to an exporter for the first time since the OPEC crisis in 1973.
Meanwhile, the price of natural gas fell by 57 percent between 2007 and 2012, in large part because of a spike in production of more than 25 percent.
Neither is it likely to be a short-term phenomenon.
The 2013 Annual ...
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Already a member? Login hereBenjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.
Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.