Today’s Emergent Geo-politics and the Day After: What’s Next in Energy Security?

Year 2014, Volume: 19 Issue: 3, 1 - 4, 01.10.2014

Nurşin Ateşoğlu Güney

Abstract

Due to all these recent radical changes, the energy issue has gained substantial attention in the IR community and it is believed that some of the options are insufficient to meet the energy security of individual states. A new assessment is therefore required to reformulate the energy strategy for each and every individual country to establish how best to cope with its energy requirements in a shifting geopolitical environment and by taking into account the impact of recent developments. Firstly, the North American shale revolution has made the US self-reliant in the hydro-carbon sector and therefore has led to more oil in the global market as Washington has since 2008 been importing less oil but exporting new volumes of unconventional