The third shale revolution: Reshoring and deglobalization

The shale revolution has unlocked massive new energy reserves and spurred economic growth and development in the United States and worldwide. The first and second phases of the shale revolution pioneered and then scaled up new industries and technologies. The third and final component involves reshoring these industries back to the United States in the wake of deglobalization. Straight Arrow News contributor Peter Zeihan reviews the range of products and industries that have been transformed by this final stretch of the shale revolution and explains how those transformations strengthen the broader American economy as a whole. An excerpt from Zeihan’s Oct. 23 “Zeihan on Geopolitics” newsletter: The third piece of the shale revolution is all about timing. As the world shifts from globalized supply chains to more localized and secure means of production, utilizing cheaper energy sources and products will be essential. The U.S. has become the lowest-cost-highest-quality producer of intermediate materials, meaning much of the leg work to reshore supply chains and manufacturing has already been done. So what do we have to show for it? Between agriculture, wiring, textiles, and refined products, the U.S. has shaken up dozens of industries and ramped up reshoring efforts. While industrial construction spending has grown significantly, we must maintain that growth to retain this newly added competitive advantage. Reshaping the U.S. manufacturing landscape is no easy feat, but access to cheap power and materials surely doesn’t hurt. With the foundation already laid, the U.S. has a considerable leg up on other potential sources like China and the Persian Gulf. Video Library The third shale revolution: Reshoring and deglobalization The shale revolution has unlocked massive new energy reserves and spurred economic growth and development in the United States and worldwide. The first and second phases of the shale revolution pioneered and then scaled up new industries and technologies. The third and final component involves reshoring these industries back to the United States in the 5 hrs ago Will the conflict in Israel and Gaza escalate to World War III? On Oct. 8, Israel officially declared war against Hamas, following a brutal surprise attack by the terrorist group. Since then, the conflict has escalated, with much of the fighting taking place in Gaza. So, how will the war end? Will Israel defeat Hamas? Will there be a cease-fire? Or is this conflict the start of Friday Second shale revolution fuels US economic growth The first shale revolution pioneered new technologies, unlocked new energy reserves and contributed to nationwide economic growth. The second shale revolution expanded U.S. processing and refining capacities, and steered the United States even more towards energy security, abundance and prosperity. Straight Arrow News contributor Peter Zeihan breaks down what this second revolution is all about, what it Thursday What the first shale revolution means for US companies The U.S. oil giant ExxonMobil recently purchased Pioneer Natural Resources for just under $60 billion. The purchase reveals the promising potential of the shale revolution for the U.S. economy, including reducing energy prices for consumers. Straight Arrow News contributor Peter Zeihan reviews the history of extracting oil from shale, tracing its roots back to the Wednesday Alleged Indian assassination plot in Canada causes diplomatic crisis In June 2023, a Sikh separatist leader from India was killed in Canada. Canada is formally investigating the murder as a possible state assassination plot orchestrated by India. Canadian Prime Minister Justin Trudeau stated that the assassination, if true, would be considered “an unacceptable violation of our sovereignty.” The situation has caused a widening diplomatic Alaska sues Biden administration over Arctic lease cancellations

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