Decades of cooperation between the United States and its Middle Eastern partners have come to a turning point. The 2008 Shale Revolution has brought the United States heretofore unknown scale of energy independece. The Revolution has created an unprecedented increase in United States' unconventional cost-effectively extractable energy reserves. It is estimated that within next two decades the United States should change from net importer of hydrocarbons to net exporter. There is a lot of speculation, whether due to possible energy independece, the foreign policy towards its Middle Eastern partners would change and whether the United States would isolate itself. Aim of this work is to explore the impact of the Shale Revolution on energy security of the United States and its implications for future geopolitics towards the Middle East. The main question to be explored is whether it would change United States' geopolitics at all and if yes, how would it look like. Since domestic oil prices are based on global energy prices and since Middle Eastern partners are unique in their capability of supplying global energy markets with large quantities of oil in the long run, even after the Shale Revolution it will be essential for the United States to continue its cooperation with its Middle Eastern partners....
| Identifer | oai:union.ndltd.org:nusl.cz/oai:invenio.nusl.cz:352632 |
| Date | January 2016 |
| Creators | Vaculíková, Eva |
| Contributors | Střítecký, Vít, Kučerová, Irah |
| Source Sets | Czech ETDs |
| Language | English |
| Detected Language | English |
| Type | info:eu-repo/semantics/masterThesis |
| Rights | info:eu-repo/semantics/restrictedAccess |
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