August 21, 2017
The Untapped Geopolitical Power of U.S. Natural Gas
Many in the United States and among our foreign allies are deeply disappointed by President Trump’s retreat from global leadership. What is equally depressing is how the administration stands to squander an enormous and steadily growing source of geopolitical clout if it does not figure out how to manage U.S. energy abundance wisely.
Recent data from the Paris-based International Energy Agency (IEA) projects that the United States’ vast natural gas production capacity, and its growing role as an overseas gas exporter, can compete with all of the major global players in as little as five years. U.S. natural gas sales will shake up fundamental trading patterns and market pricing for this energy commodity. They will also undermine the clout of countries like Russia and Qatar, known for their natural gas abundance and their notorious capacity to stir up regional conflict.
Read the full piece in The National Interest.
More from CNAS
-
Marco Rubio Is Rebooting the Neocons for the MAGA Era
This article was originally published in Bloomberg. In his infamous guide to ruling, Niccolò Machiavelli also offers a warning to ambitious advisers: Power belongs to the pri...
By Chris Kennedy
-
CNAS Insights | Why the United States Needs Economic Coercion Doctrine
Economic tools now sit at the center of U.S. global competition. Sanctions, export controls, investment restrictions, and financial measures are employed with a frequency and ...
By LtCol Mary Hossier
-
Transatlantic Security / Energy, Economics & Security
Want to Stop Trump Bullying Your Country? RetaliateThis article was originally published in The Guardian. In February of last year, Donald Trump convened the first full cabinet meeting of his second term in the White House. He...
By Edward Fishman
-
Unpacking the Trump Administration’s Plans for Venezuela’s Oil Revenue
This article was originally published in Lawfare. Since removing Venezuelan dictator Nicolás Maduro from power, President Trump has made clear that he intends to “get the oil...
By Alex Zerden