The chapters in this volume represent the latest thinking on the development and exploration of unconventional energy resources in the U.S., Canada, Australia, Europe, Russia, Asia Pacific, Middle East, Latin America, and Africa and shed light on its potential and future prospects in these respective regions. The diversity of thinking about the “shale revolution” is also evident in our case studies. Throughout many countries in Europe for example, there is a strong preference for investment in renewable sources of energy over the fossil fuels. In addition to environmental concerns, the falling price of renewables, have also made them more attractive financially. Consequently, global investment in renewables is outpacing that of fossil fuel two to one. Watching this trend, in 2017, the Chinese government has pledged to invest $360 billion on renewable energy. This would make China the largest investor in development of renewables in the world. Other obstacles to development of shale oil and gas in other parts of the world include, lack of adequate shale resources (Africa), the abundance of conventional energy resources (Middle East and North Africa), high cost of production (Russia, China, Japan) and political opposition to hydraulic fracturing (France and Poland). Despite these sentiments the economic imperatives (providing employment) also play a significant role in determining the future prospects for unconventional energy resources globally.
Manochehr Dorraj is professor of political science at Texas Christian University.
Ken Morgan is director of the Energy Institute at Texas Christian University.
Chapter 1: Global Impact of Unconventional Energy Resources, by Ken Morgan and Manochehr Dorraj
Chapter 2: The Miracle of the U.S. Shale Experience: The History, Technology, People, and Infrastructure That Led to Success, by Larry D. Brogdon
Chapter 3: Midland, Texas: The Next Evolution in Shale Drilling Strategies, by Ken Morgan
Chapter 4: Eastern U.S. Shale Development: Implications for North America and Globally Involving Economic, Social License, Public Policy, Environmental Impacts and the Influence of Social Media in These Issues, by Thomas B. Murphy and David A. Yoxtheimer
Chapter 5: The International Impact of the Shale Revolution, by Anas F. Alhajji
Chapter 6: Facets of Unconventional Oil and Gas Exploration and Production in Canada, by Silke Popp
Chapter 7: The Socio-Legal Dimensions of the Development of Unconventional Petroleum in Australia: Shale Gas and Coal Seam Gas, by Tina Hunter
Chapter 8: Unconventional Energy in Europe: Policy Issues, Impact, and Prospects, by Andreas Goldthau
Chapter 9: Development of Shale Oil and Gas in Russia, by Tatiana Mitrova
Chapter 10: The Nascent Non-conventional Hydrocarbon Industry of Latin America: Market, Infrastructure, Policy, Stakeholders, Opportunities, and Constraints, by Isidro Morales
Chapter 11: China and Japan’s Pursuit of Unconventional Fuels, by Manochehr Dorraj
Chapter 12: Outlook for Shale Gas Development in the Middle East and North Africa (MENA) Region, by Bijan Khajehpour
Chapter 13: Unconventional Energy in Africa: Impact of the US Shale Revolution and Prospects for African Exploration, by Stefan Andreasson
Chapter 14: The Environmental Impact of Unconventional Fuels: The Trade-Off, by Michael C. Slattery