Skip to content

New Challenges from Shale Growth

The Financial Times reports that “Rising US production has caused a sort of cosmic upheaval in North American energy. Before, the US was the dying star round which its smaller neighbours to the north and south would orbit, as their resources were sucked in by its gravitational pull. But not any more.”  

“Before the shale revolution, it was clear for oil and gas producers in both resource-rich Canada and middle-income Mexico that their principal focus had to be on supplying the needs of consumers in the US, the world’s largest energy market.”  

“Now they are realising that the US will not necessarily be prepared to buy as much as they are wish to sell.”

Recent Stories

‘He’s not going away’: GOP loyalists not ready for Trump to leave political stage

Roll Call on the Road: Day Two in Dallas

Taxpayers spent more than $500,000 on House sexual harassment payouts

At the Races: Defiant in Dallas

Rating changes: 10 races move toward Democrats, one toward Republicans

Republicans lose SCOTUS bid to use new Missouri map