Thursday, June 5, 2014

America’s Shale Revolution and the Dangerous Myth of Energy Independence

http://www.worldfinancialreview.com/?p=1820   

America’s Shale Revolution and the Dangerous Myth of Energy Independence
By Flynt Leverett and Hillary Mann Leverett
Proponents of energy independence enshrine America’s so-called “shale revolution” as a geopolitical game changer, enabling the United States to leverage its prospective exports of shale oil and gas to weaken uncooperative hydrocarbon powers. Below, Flynt Leverett and Hillary Mann Leverett argue that the shale revolution will not give the United States anything close to meaningful energy independence—something America shouldn’t seek anyway. The authors suggest that embracing the mythology of energy independence reinforces official Washington’s aversion to serious diplomacy with strategic rivals, thereby exacerbating America’s self-damaging and unnecessary confrontations with countries like Russia and Iran.

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