The Geopolitics of Shale Gas THE IMPLICATIONS OF THE US’ SHALE GAS REVOLUTION ON INTRASTATE STABILITY WITHIN TRADITIONAL OIL– AND NATURAL GAS-EXPORTING COUNTRIES IN THE EU NEIGHBORHOOD
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The US’ shale gas revolution could in the long term destabilize traditional oil- and gas exporters in the European Union (EU) neighborhood: A combination of substitution effects and greater energy efficiency, could put pressure on the price of oil, leading to fiscal difficulties in traditional hydrocarbon exporting countries.
Page Count:
237
Publication Date:
2014-02-11
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