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Why Trump's oil boom is bad news for the UK
Published 2 weeks, 1 day ago
Description
The USA's emergence as an energy superpower has reshaped the global economy. Good news for its allies, right? Well, not necessarily....
In Texas, fracking has turned the US from a major importer into the world’s biggest energy producer, effectively creating "another Saudi Arabia" almost overnight.
But as Europe looks to America to plug the energy gap caused by wars in Ukraine and the Middle East, the reality on the ground is more complicated.
Ed Conway, our economics and data editor, joins Niall to explore why the US can't simply ride to the rescue and what that means for the UK's energy security.
Have you got a question for Niall? Email the show: why@sky.uk