Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Tuesday, January 22, 2013

Geopolitical Impacts of the US Oil & Gas Boom

Geopolitical Impacts of the US Oil & Gas Boom

Much digital ink has been spilled about the oil and gas boom in the US, the result of ever improving fracking technologies, and whether or not it will lead to energy independence, or even turn the US into an oil exporter. Now a “confidential” report by the German version of the CIA, the Bundesnachrichtendienst (BND), seeped to the surface. It sketched out the boom’s geopolitical consequences. Biggest loser? China.BND reports have conveniently seeped out before. For instance, a “secret” report on how the pending bailout…Read more...http://oilprice.com/Geopolitics/International/Geopolitical-Impacts-of-the-US-Oil-Gas-Boom.html

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