The US shale revolution and the Arab Gulf states : the economic and political impact of changing energy markets / Kirsten Westphal, Marco Overhaus and Guido Steinberg [electronic resource]
Language: English Series: SWP research paper ; 2014:11Publication details: Berlin : SWP, 2014Description: 33 pISSN:- 1863-1053
Current library | Call number | Status | Date due | Barcode | |
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SIPRI Library and Documentation | CD2014 G14_459 | Available | G14/459 |
SIP1502
"November 2014"
The US shale revolution was made possible by the fracking process, which uses liquids and chemicals to release unconventional gas and oil deposits that are otherwise unexploitable. The breakthrough was achieved by the combination of hydraulic fracturing (fracking) with horizontal drilling. This development began less than ten years ago, driven by the high level of gas and oil prices. The boom in unconventional oil and gas – above all tight oil and shale gas in the United States, oil sands in Canada – is making North America self-sufficient in energy.
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