September 2014, Vol. 241, No. 9

Features

Market Realities Increase National Interdependencies

The ability to unlock domestic shale formations has been transformational for the United States. However, the ripple effects of this energy boom extend well beyond the North American continent. As emphasized in the Deloitte Touche Tohmatsu Limited (DTTL)’s “2014 Oil and Gas Reality Check,” the shifting role of the United States from major energy importer to soon-to-be exporter is an international development, the implications of which will be felt across the Middle East, Russia and China. The report explores how this trend, as well as others, is causing expansion and contraction on a number of fronts: the waxing and waning of dominance among suppliers, the pr

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