This work is about Geopolitics of Energy subject so please look Essay

This clip is about Geopolitics of Energy subject so please look assignment criteria for topic - Essay spokespersonHowever, in 2008 the notions of the impeding scarcity had a reverse effect with the producers wanting to make a biggish profit before the reserveswere depleted. This saw the prices rise continually. At that rate the country would be spending numerous billions of dollars on importation of petroleum and natural gas. This would create a distress in the economy because of the increase trade deficit.It is true that Asia is the new ground zero for growth of energy consumption.it is also true that Asia go out be responsible for 85% of the energy consumption growth on the planet in the beside 20 years. This has seen Russia try to form ties with the east to establish a proper market for its hydrocarbon exports3. The obvious deduction from this would be that Russia would wield more geopolitical power in the next few decades, which is not possible to be the case4. The curre nt technological advancements have enabled rapid expansion of the shale gas industry in the US. In a decade, the industry has grown dramatically with the product now in abundant supply,seeing drastic diminution in prices. The policy debate has snow shifted to how much of the nations energy resource should be exported.The strengthening of the US geopolitical strength due to the shift in paradigms of the global energy market has greatly hindered Chinas attempt to be the global leader. The best way to counter this check would be to weaken the alliances that the US has with states in the region. The result has been the heightening of maritime tensions in the region with the eastmost China Sea conflict providing a good illustration5. Both China and japan lay postulate to a number of geographical features found in the sea. The features that comprise of a few islands and territorial amnionic fluid could provide energy reserves and fishing grounds6. However, this is not the only reason behind the conflict. The key guinea pig is that the waters are important choke