Title: Global impact of energy exports from the USA: assessment of potential consequences for targeted markets
Authors: Martin Jirušek; Tomáš Vlček
Addresses: International Institute of Political Science, Masaryk University, Joštova 10, Brno 602 00, Czech Republic ' Energy Security Studies Program, Department of International Relations and European Studies, Faculty of Social Studies, Masaryk University, Joštova 10, Brno 602 00, Czech Republic
Abstract: The position of the USA in the global energy environment has undergone substantial change in recent years. Mostly thanks to the introduction of new mining techniques, the USA has once again become a major producer of oil and gas, and the outcome of this is visible both at home and on the global scale. This paper assesses obstacles that stand in the way of these exports, and analyses the potential consequences on major world markets. The oil and gas glut at home is also affecting the use of another traditional US energy source: coal. Coal is being squeezed out of the energy mix and is looking for fresh markets abroad. The paper thus analyses the positioning and views on these exports on the major global markets, as well.
Keywords: USA; energy markets; energy exports; global energy trade; energy commodities; gas exports; oil exports; coal exports; shale gas; shale oil; unconventional oil sources; unconventional gas sources; quiet revolution.
International Journal of Global Energy Issues, 2017 Vol.40 No.3/4, pp.207 - 224
Accepted: 24 May 2017
Published online: 14 Sep 2017 *