Western Energy Security:Will There Be A Gas OPEC?

摘要

Despite a shaky future export capacity that will limit its leverage as the largest natural gas owners in the world, the troika seeks to compete against Western domestic resources over the mid- and long-term, namely our critical shale plays. Unfortunately, a globalizing gas market is destined to benefit a gas OPEC and the objective to challenge market-based democracies through high prices and wealth transfer. The Obama administration should thus take the lead in establishing a coherent global policy to mitigate gas cartelization predicated upon the reality that cartels thwart economic progress, exert price-fixing, and defy antitrust laws. In addition, North America and the EU must revamp efforts to expand domestic natural gas production by more fully opening their vast onshore and offshore resources to exploration.