US tight oil could reshape energy geopolitics, experts suggest

06/24/2013
Substantial US tight oil resources could reshape global energy geopolitics, three experts suggested at a Bipartisan Policy Center conference on the subject. But the changes could be subtler and more gradual than some people think, they added. "A better supplied world is a safer world, but it doesn't mean there still aren't above-ground and below-ground risks," said Daniel Yergin, chairman of IHS CERA. "It could help us play a leadership position in the world that wouldn't have been possible a decade ago, however." Likewise, Carlos Pasqual, special envoy and coordinator for international energy affairs at the US Department of State, stated, "We have an incredible m...
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