The Shale Revolution in the U.S. and its Impact on Energy Markets, Energy Security, and the U.S. Energy Transition

The growing energy demand in developing regions and the transformation of the U.S. from an energy importer to an exporter are changing the world of energy. This change is mainly caused by the development of resources through the unconventional extraction of gas and oil. The shale revolution in the U.S. has an impact on its economic prospects as well as on climate policy. Moreover, geopolitical implications arise.