Global energy markets are undergoing dramatic shifts. Developing
countries are beginning to outpace their more developed
counterparts in energy demand, the result not simply of higher
economic growth rates in the former, but also due to increased
efficiency in the latter. Traditional producers of hydrocarbons in
places such as Latin America, Eurasia, North Africa, and the Middle
East face a host of political, economic, technical, and societal
challenges that could potentially lead to major disruptions in the
global energy supply. Meanwhile, the unconventional fossil fuels
revolution has led to major changes in the flow of the global
energy supply, seemingly overnight.
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