The International Energy Trade Pattern Reshaping, Competition and Energy Revolution

Abstract

Under the global economic slowdown and shale oil and gas technology revolution, the current international energy trade is reshaping, forming a new one whose characteristics are totally different from the old. The energy price fluctuations, the international energy supply and demand structure have been shuffled, and the geopolitical landscape has changed. The energy trade bloc led by the United states realizes self-circulation and high stability. The differentiation of the supply and demand in East Asia-Southeast Asia trade bloc has expanded, the risks increasing. The U.S. geopolitical leadership becomes more and more strong. The energy giants such as Saudi Arabia and Russia competed in production and price are further strengthening this trend. At present, an energy revolution is imperative. It is necessary to focus on improving energy efficiency and energy use structure. There is also have an effect on the global production. The distributions of world's manufacturing industry will readjust due to the costs.