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Wednesday, 2nd September 2015

The US-EU Energy Trade Dilemma

Source: Istituto Affari Internazionali

Abstract:

The diverging paths in terms of energy self-sufficiency between the US – among the world largest producers – and Europe – highly dependent on imports – appear to create opportunities for exchanges of oil and gas between the two shores of the Atlantic. On the oil front, recent market developments are putting pressure on US decision-makers to remove the outdated oil export ban that was adopted in the mid-1970s. On the gas side, the EU supply diversification goal is nurturing the Old Continent’s interest in the US’s export potential. Nevertheless, political hurdles undermine the likelihood of the US lifting the oil ban within this presidential term, while the uncertain competitiveness of US gas delivered to European markets could limit US-EU gas exchange. These political and market conditions risk quashing EU efforts for the inclusion of an energy chapter, aimed at boosting EU-US energy trade, in the negotiations on the Transatlantic Trade and Investment Partnership (TTIP).

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Having begun his career in academic libraries, Adrian Janes has subsequently worked extensively in public libraries, chiefly in enquiry work as an Information Services librarian. In this role he has had particular responsibility for information from both the UK Government and the European Union. He wrote a detailed report on sources for the latter which was published by FreePint in 2007, and has contributed articles to FreePint and ResourceShelf. He is involved in training in information literacy and the use of online reference resources.

A Contributing Editor to DocuTicker, he also write reviews for Pennyblackmusic.

More articles by Adrian Janes »



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