Energy boom augments US economic, political power
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In this article
- Continuing boom
- Limited government role
- IEA projections
- Economic implications
- Trade deficit
- Employment
- Manufacturing revival
- Strategic implications
- Problem for OPEC
- Blow to Russia
- Chinese Middle East dependence
What is this?
This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.
_350.jpg "A roughneck works on an oil drilling rig in North Dakota (REUTERS/Jim Urquhart)")