Global Energy Demand and Its Geopolitical and Socioeconomic Implications: Which Role Would Shale Resources Have?
Carlos Castro*, Francesca Verga, Dario Viberti
Identifiers and Pagination:Year: 2016
Issue: Suppl-1, M3
First Page: 47
Last Page: 54
Publisher Id: TOPEJ-9-47
Article History:Received Date: 4/10/2015
Revision Received Date: 21/07/2016
Acceptance Date: 8/08/2016
Electronic publication date: 30/06/2016
Collection year: 2016
open-access license: This is an open access article licensed under the terms of the Creative Commons Attribution-Non-Commercial 4.0 International Public License (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/legalcode), which permits unrestricted, non-commercial use, distribution and reproduction in any medium, provided the work is properly cited.
This paper discusses the geopolitical and socioeconomic implications the development of shale gas (& oil) has had in the US. The approach has been that of placing shale gas under erasure (or sous rature). In other words, the assumption that shale is currently both present/absent was made to answer the question of whether it can actually be considered as a resource. Moreover, the success of the “shale revolution” in the US has not only had an impact on the International Oil & Gas, Petrochemical, natural resource and renewable markets, but it has also triggered certain geopolitical events which are modifying the role played by nations globally. Finally, it is suggested that under the prevailing circumstances these unconventional resources appear to still be more of a challenge than part of the solution to the ever growing energy demand, and production of goods associated with societal needs/aspirations worldwide.