TOKYO -- Energy markets across Asia could be about to undergo a huge overhaul. Driven by the shale drilling revolution, U.S. exports of crude oil and liquefied natural gas are growing rapidly and likely to make significant inroads into the market share held by Middle Eastern producers.
U.S. crude oil prices have been so low that new customers have even been found in India, while American LNG comes relatively free of restrictions -- a big draw for major buyers like Japan.
