So far in this series, we’ve focused on global themes from the economy to governmental upheaval, and then circled back to how they’ve affected the U.S. In this final post, we’re going to focus on a recurring theme in the U.S. energy market and how this theme could affect the global market in years to come. And that theme is none other than U.S. natural gas production.
Global energy markets in 2011 were plagued by something more devastating than economic malaise: nature. With weather being in the lap of the gods, and as nature takes its course, some scenarios are impossible to predict. And 2011 had its fair share of outliers. continue
“Economic malaise” became the phrase of choice in 2011 for forecasters, and not just when describing the U.S. economy. Troubles in the Eurozone have impacted growth prospects for even the strongest economies in the region (see here, here, and here for more), as debt concerns and austerity measures in the peripheral countries of Greece, Italy and Portugal hamper any and all hope for growth for the region. continue