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Energy Security and U.S. Middle East Geopolitics
Vaculíková, Eva ; Střítecký, Vít (advisor) ; Kučerová, Irah (referee)
Decades of cooperation between the United States and its Middle Eastern partners have come to a turning point. The 2008 Shale Revolution has brought the United States heretofore unknown scale of energy independece. The Revolution has created an unprecedented increase in United States' unconventional cost-effectively extractable energy reserves. It is estimated that within next two decades the United States should change from net importer of hydrocarbons to net exporter. There is a lot of speculation, whether due to possible energy independece, the foreign policy towards its Middle Eastern partners would change and whether the United States would isolate itself. Aim of this work is to explore the impact of the Shale Revolution on energy security of the United States and its implications for future geopolitics towards the Middle East. The main question to be explored is whether it would change United States' geopolitics at all and if yes, how would it look like. Since domestic oil prices are based on global energy prices and since Middle Eastern partners are unique in their capability of supplying global energy markets with large quantities of oil in the long run, even after the Shale Revolution it will be essential for the United States to continue its cooperation with its Middle Eastern partners....
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Energy Security and U.S. Middle East Geopolitics
Vaculíková, Eva ; Střítecký, Vít (advisor) ; Kučerová, Irah (referee)
Decades of cooperation between the United States and its Middle Eastern partners have come to a turning point. The 2008 Shale Revolution has brought the United States heretofore unknown scale of energy independece. The Revolution has created an unprecedented increase in United States' unconventional cost-effectively extractable energy reserves. It is estimated that within next two decades the United States should change from net importer of hydrocarbons to net exporter. There is a lot of speculation, whether due to possible energy independece, the foreign policy towards its Middle Eastern partners would change and whether the United States would isolate itself. Aim of this work is to explore the impact of the Shale Revolution on energy security of the United States and its implications for future geopolitics towards the Middle East. The main question to be explored is whether it would change United States' geopolitics at all and if yes, how would it look like. Since domestic oil prices are based on global energy prices and since Middle Eastern partners are unique in their capability of supplying global energy markets with large quantities of oil in the long run, even after the Shale Revolution it will be essential for the United States to continue its cooperation with its Middle Eastern partners....
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Economic impact of shale gas development in the context of energy security of the EU
Kondratenko, Ivan ; Janda, Karel (advisor) ; Mikolášek, Jakub (referee)
The Thesis aims to analyze the possible shale gas development in the EU in context with raising problem of energy security. Based on the experience of shale revolution in the USA and econometric modelling using the method of Ordinary Least Squares with Fixed Effects to test the dependence of price on shale gas production, the transfer of US model to the EU is discussed. The results show that shale production affects the price negatively and that US model is successful due to multiple reasons, primarily presence of experienced companies, geological structure and strong regulation rules. The Thesis shows the unsuitability of the US model for the EU market. After the first enthusiasm for shale plays research in late 2000s the multiple barriers for drilling have risen up; the most significant are the environmental worries; both on governmental and public levels. US companies have lost interest in the EU and moved to other parts of the world. The shale gas development is not able to affect the energy security of the EU on European, international level.
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