ARTÍCULO
TITULO

What Change Can The New Developments In Energy Sector Bring Into the World`s Energypolitical and Geopolitical Order?

Onur TUTULMAZ    

Resumen

The recent developments bring US to a leading natural gas and oil producer position. The attempts in last 20 years to bring new horizontal drilling and hydraulic fracturing technologies together have developed a success in shale gas and oil production in US; the production volumes has reached to a position to redefine the market. Last estimations are bringing more information about the shale capacities of the major basins of the world. However, the estimates are based on a wide range of assumptions and consequently their results vary in a large scale. In any case, these developments have crucial economic, political and geopolitical consequences on the energy market, petroleum producer and consumer countries and regions. Despite the wide range of ambiguity of the estimated size of the resources, the estimations show US and North America has one of the biggest potential, already turning technology into the giant production numbers. Some of the estimations allege so big numbers can even mean to a new world order. The asymmetric nature of the potential, can also be said, increases some of the expected impacts too. In this study, basically, we want to supply an initial solid and economical evaluation to this ambiguity. We are trying to shape a frame for the new energy potential and to put it in a place in the current practice of the world. Secondly, in this context, we are underlying here some of the possible economic and geopolitical consequences each of which can constitute a subject of deeper study.

Palabras claves

 Artículos similares

       
 
Nadya Astin Saraswati, Ragil Haryanto, Amin Pujiati, Mada Sophianingrum     Pág. 279 - 289
The area of Mojosongo is a Perumnas which rapidly growing new growth center in Surakarta City. Existing commercial activities have expanded to enter the residential area. The emergence of this commercial area to facilitate trade activities and services b... ver más

 
Caro C. Janse van Rensburg,Carike Claassen,Alicia Fourie    
AbstractOrientation: Marriage formalises gender roles in society and as such has a significant impact on the labour force. The institution does, however, change over time, which makes it important to continually assess the impact that it has.Research pur... ver más

 
Milton Segal,Genevieve Naik    
AbstractOrientation: The new standard on leases, International Financial Reporting Standard (IFRS) 16, will require the majority of lessees to account for lease arrangements on the face of the balance sheet. This is in contrast to the current standard an... ver más

 
Nguyen Quang Phuc DOI: 10.26459/hueuni-jed.v128i5C.5112     Pág. 33?44
Abstract: In Vietnam, urban expansion and its effects have appeared as a contentious issue among journalists, civil society organizations, academics, and NGOs in recent years. Along with the rapid urbanization, farmers in peri-urban areas are increasingl... ver más

 
Giovanni Dosi,Andrea Roventini     Pág. 249 - 258
La Grande Recessione è stata un esperimento naturale per la macroeconomica, mostrando l?inadeguatezza della teoria dominante basata sui modelli DSGE. La macroeconomia dovrebbe considerare l?economia come un sistema complesso in evoluzione, cioè come un?e... ver más
Revista: Moneta e Credito