New York Times op-ed explores the geopolitical impact of the shale revolution

A recent op-ed in The New York Times argues that the real impact of the shale revolution has nothing to do with environmental dangers or the market price of natural gas, but rather its effect on the oil market. Alan Riley, a professor of energy law at The City Law School at City University London, summarizes the impact as follows: “Geopolitically, the shale revolution strengthens the United States, reduces China’s energy dependence, generates a global stimulus, which takes the Western economies off the fiscal rocks, while potentially destabilizing both the Russian Federation and Saudi Arabia.” For more, read the full op-ed.