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Business and Geopolitical Implications of American Shale Energy

In: American Shale Energy and the Global Economy

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  • Andrew R. Thomas

    (University of Akron)

Abstract

High-quality and low-cost domestic Natural Gas Liquids (NGLs) are fuelling a renaissance in US manufacturing. Appalachia is positioned to be the natural gas capital of America, and the center of advanced plastics production in the world. American exports of shale energy are surging, providing new opportunities for US firms and the economy. Driven by domestic political considerations and its new energy security, America’s commitment to the post-World War II international system is waning. American foreign policy will be much more reactive, unpredictable, and insular than anytime in the past. With American security guarantees being removed from around the world, the threat of major wars and conflicts will reappear, as geopolitics “returns to history.”

Suggested Citation

  • Andrew R. Thomas, 2018. "Business and Geopolitical Implications of American Shale Energy," SpringerBriefs in Business, in: American Shale Energy and the Global Economy, chapter 3, pages 33-52, Springer.
    • Handle: RePEc:spr:spbrcp:978-3-319-89306-8_3
    DOI: 10.1007/978-3-319-89306-8_3
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