Center for Energy Studies

The energy industry is undergoing dramatic change. Unconventional energy resource development has shifted traditional paradigms and made the United States one of the fastest-growing oil and natural gas producers in the world for the first time in many years. In fact, developments in Canada, Brazil and the Americas more generally have tilted the center of gravity in energy markets toward the Western Hemisphere. Along with the continued growth of China and India and their projected reliance on energy imports, the developments in the last decade highlight the fact that understanding the global interconnectedness of energy markets is growing ever more important.