Independent and cutting-edge analysis on Turkey and its neighborhood

The American shale oil and gas boom has crowned the U.S. as an emerging energy superpower. This development is beginning to influence U.S. strategic posture in the Middle East and Central Asia. But given the early state of knowledge and technology, it is premature to determine if the shale boom is a temporary bubble or rather is a lasting event capable of scaling up beyond the boundaries of North America and reshaping the world energy outlook. Until more clarity is reached the Middle East, despite its chronic problems, will remain the only large source of low-cost oil and the U.S. will remain the chief guarantor of its security.

 

CONTRIBUTOR
Gal Luft
Gal Luft
From the Desk of the Editor TPQ’s Winter issue examines global trade dynamics—from US-China tensions to the renegotiation of the North American Free Trade Agreement (NAFTA) to US tariff threats towards the EU. Chief among the issues generating a high degree of economic uncertainty is the US-China trade conflict and the magnitude of the emerging global fallout. Major changes are already afoot—namely a shift...
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