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Financial Times
Financial Times
Business
Derek Brower and Myles McCormick in New York

What the end of the US shale revolution would mean for the world

© FT montage; Bloomberg’Dreamstime

When the Decathlon, a 274-metre-long tanker, powered into the German port town of Wilhelmshaven last month it was tangible evidence of American geopolitical power.

Days earlier, an EU embargo on Russian seaborne crude had come into force, threatening yet more disruption in global energy markets. As the Decathlon unloaded its cargo, American oil was arriving in the nick of time.

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