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changing geopolitics of energytwo decades of low and relatively stable prices, oil prices had soared to more than $100 per barrel in 2006 .U.S. was regarded as increasingly dependent on energy imports, and this, together with rising prices, was seen as a major limit on American geopolitical influence.By 2015, more than half of all the natural gas produced in the U.S. came from shale.The shale boom has propelled the U.S. from being an energy importer to an energy exporter. The U.S. Energy Department estimates that the country has 25 trillion cubic meters of technically recoverable shale gas, which, when combined with other oil and gas resources, could last for two centuries. Harvard's Meghan O'Sullivan points out in her new book Windfall, the shale revolution has a number of implications for U.S. foreign policy.She argues that the new energy abundance increases U.S. power. For some time, many people in the U.S. and abroad have bought into the myth of American decline.In short, there has been a tectonic shift in the geopolitics of energy.
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