Shale: A New Kingmaker In Energy Geopolitics
From Wall Street Journal
During America’s Age of Imperialism, Henry Cabot Lodge famously said that “commerce follows the flag.” Send over U.S. gunships, and U.S. business will be right behind.
These days it may be the reverse. America’s shale oil and gas revolution-one of the biggest commercial bonanzas in generations-is itself shaking up the world order.