The shale gas revolution in the United States has changed the global energy circulation pattern. Resource countries compete for the Asian market
the shale gas revolution in the United States has changed the global energy circulation pattern. Resource powers compete for the Asian market. Saudi Arabia's ability to regulate the energy market has weakened. The shale revolution seems like a milestone, and the old era of oil, natural gas, coal and other resources may end
at the end of November, with the continuous decline of oil prices, the organization of Petroleum Exporting Countries (OPEC) made it clear that it would not reduce production, which may be a precursor to the loss of power of major oil producing countries
the United States changes the pattern of global energy circulation
the U.S. Department of Energy announced that the U.S. shale oil production in 2014 reached 4.5 million barrels/day. With the production of conventional crude oil (55.67, -0.24, -0.43%), the crude oil production of the United States reached 9million barrels/day, ranking third in the world
due to the realization of self-sufficiency in oil supply, the amount of crude oil imported by the United States from Nigeria has decreased sharply. Nigeria, which has lost its sales target, has to find new buyers in Asia, and even suppliers compete to promote resources
in addition, due to the surge in crude oil production in the United States, mainly exports to Europe, and the sharp increase in exports of petroleum products such as gasoline, the United States has become a net exporter of petroleum products
the increase in shale gas production has led to the decline in natural gas prices, and many American enterprises have turned their power generation raw materials from coal into natural gas. The chain reaction is that the demand for coal in the United States has fallen sharply, which directly leads to the sale of excess domestic coal to Europe and Asia, thereby affecting Russia's natural gas exports to Europe
next, the United States is preparing to export shale gas to European and Asian countries in the form of liquefied natural gas. Japan plans to import liquefied natural gas from the United States from 2017. At present, the United States is actively building relevant facilities
in order to adapt to changes, Russia strives to get close to Asian countries such as China and Japan. In May, China and Russia signed a 30-year long-term natural gas supply contract involving US $400billion
for Japanese power companies and natural gas companies, importing liquefied natural gas from the United States is better than importing liquefied natural gas from Qatar and other countries, that is, strengthening the warehousing inspection of raw materials; In production, the same product shall be produced with masterbatch and color masterbatch of the same manufacturer and brand as far as possible; It is more beneficial to natural gas of color masterbatch. This has led to a severe winter for Middle East natural gas suppliers who are used to the seller's market
in short, the shale revolution has made the United States a major energy exporter. The changes brought about by the shale revolution are bringing great changes to the world's supply and demand of crude oil, natural gas and coal and transportation
resource powers compete for the Asian market
a few days ago, Yuki Takai, general manager of Sumitomo global research company in Japan, conducted a survey on the demand for natural gas and coal in Asia, and was surprised to find that the relevant countries in Europe and the Middle East have high expectations for the demand in Asia
according to the data of the International Energy Agency, the total world oil demand reached 4.108 billion tons of oil equivalent in 2011, and will reach 4.661 billion tons of oil equivalent by 2035. In the same period, the demand for natural gas will increase from 2.787 billion tons of oil equivalent to 4.119 billion tons of oil equivalent, and the demand for coal will increase from 3.773 billion tons of oil equivalent to 4.428 billion tons of oil equivalent
Asia is a region with greater potential for demand growth. Major resource exporting countries in North America, the Middle East and Africa are launching sales offensives in the Asian market
Takai predicts that due to the elimination of geopolitical risks and the success of the shale revolution in the United States, the global oil and gas surplus will continue for 3-5 years. In the context of changes in supply and demand and low resource prices, the battle for supply targets has begun
with all parties competing for the Asian market, Japan's dependence on Middle East oil is expected to be reduced by 80%, and it has a relatively favorable position in the negotiation of price and trading conditions
Saudi Arabia's ability to regulate the energy market is weakened
how to stop crude oil prices from falling further? At present, the focus of the world is on Saudi Arabia, which has long been regarded as the coordinator of crude oil prices
according to Saudi Arabia's prediction, the production cost of shale oil in the United States is $60 - $80 per barrel. If the oil price continues to be lower than $80/barrel, the mining enterprises will stop production, which will lead to the overall production reduction of the shale oil industry in the United States. Saudi Arabia's strategy is to rely on its savings to overcome the current difficulties, and then defeat the shale oil mining enterprises in the United States
however, the factor that affects the surface treatment is the pressure of the surface treatment force. The selection, quality and process management of surface treatment materials believe that 80% of American shale oil extraction enterprises set the boundary line of whether it is cost-effective to start production at less than $60 per barrel. It is not easy for Saudi Arabia to achieve the goal. The investigation report on shale oil production released by the U.S. Department of energy in November showed that the production forecast of major shale oil producing areas such as Texas in December was higher than that in November, and the production of shale oil in the United States was still active
perhaps the era of Saudi Arabia's ability to regulate the crude oil market is over. The United States, which has mastered resource weapons through the shale revolution, has opened the prelude to a new energy war in which new materials continue to appear
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