VOLATILITY, UNCERTAINTY, AND OPPORTUNITY IN THE GLOBAL ENERGY MARKET IN 2015
The last few years have witnessed a transformation of the global energy market. The United States is now leading the world in the production of oil and natural gas. Western Pennsylvania has assumed an increas-ingly prominent role in the energy sector with the exploration and development of Marcellus Shale. Japan, in the wake of the 2011 Fukushima disaster, has had to reassess its strategic priority on nuclear energy.