The US shale revolution (shale gas/tight oil) is rapidly changing the global energy landscape

The US shale revolution (shale gas/tight oil) is rapidly changing the global energy landscape. On current trend, North America could be self-sufficient by the end of this decade. The US can possibly emerge as a heavyweight global exporter into next decade. Cheap energy is likely to underpin the US' economic revival. And OPEC already is getting used to the hard cold fact it is no longer in full control of global oil prices. But not everybody's a winner. What about the fact that shale technology copy cats elsewhere around the world need a higher oil price? What does this mean for Australian companies in the Cooper Basin and elsewhere? Plus are there any unintended consequences showing up from the Fed's intent to tighten USD liquidity? Maybe the fledgling energy sector in the US that makes up 17% of the high yield bond market over there? The Saudis are facing one tough battle if they're trying to copy the iron ore playbook from BHP and RIO in the crude oil market. My Weekly Insights: (VIEW LINK)

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