Swinging shale: Shale oil, Global oil market, and the Geopolitics of oil

• Main Author: KIM, Inwook
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2020
• Subjects: shale; shale oil; geopolitics; oil market; US foreign policy; Saudi Arabia; energy security; Political Economy; Political Science
• Online Access: https://ink.library.smu.edu.sg/soss_research/3225; https://ink.library.smu.edu.sg/context/soss_research/article/4482/viewcontent/Kim__2020__swinging_shale___shale_oil_the_global_oil_market_and_the_geopolitics_of_oil__1_.pdf
• Institution: Singapore Management University

Is shale oil “revolutionizing” the global oil market and the geopolitics of oil? If so, how? While two aspects of the shale boom—a new source of supply and a cause for the price collapse in 2014–2015—dominate the conventional wisdom, I argue that the most revolutionary change is the least understood...