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
-
Richard Nephew on the U.S. military strikes on Iran’s nuclear program
Richard Nephew, expert on sanctions and Iran’s nuclear program, joins Emily and Geoff to discuss the long history of U.S. policy towards Iran, the role of sanctions in constra...
By Emily Kilcrease & Geoffrey Gertz
-
Energy, Economics & Security / Technology & National Security
Beyond Bans: Expanding the Policy Options for Tech-Security ThreatsStuck between a rock (the fact that banning all Chinese tech that poses a risk is expensive and impractical) and a hard place (the fact that many existing mitigation proposals...
By Geoffrey Gertz
-
Indo-Pacific Security / Energy, Economics & Security
75 Years Post-Korean War: Can Trust Be Rebuilt Under the New Administration?As President Lee Jae Myung begins his term, he's taking visible steps to reset the tone with North Korea: halting propaganda broadcasts and reemphasizing past military agreeme...
By Dr. Go Myong-Hyun
-
Middle East Security / Energy, Economics & Security
Will Iran block the Strait of Hormuz?The world has held a close eye on the Strait of Hormuz lately with Israeli and U.S. strikes on Iran. Nearly a quarter of the world's seaborne oil passes through the narrow wat...
By Rachel Ziemba