FNArena Talks | Dec 05 2012
FNArena Editor Rudi Filapek-Vandyck recently returned from a fact-finding trip to the US with a helluva lot more insights into the revolution that is taking place inside the US energy sector. It is his view most experts and investors outside the US are underestimating current dynamics in the US. They will be taken by surprise if they fail to catch up.
The current boom in shale gas and tight oil production in the US will be replicated across the globe, if early indications can be taken as a guide, which implies the global picture for energy will go through some dramatic changes in the decade ahead, FNArena's editor tells host Peter Switzer. One of the first victims will be the peak oil thesis.
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