Thursday, February 7, 2013

Trinidad & Tobago economy may be negatively impacted by the increase of U.S. shale oil and gas production

Trinidad & Tobago’s oil and natural gas resources have made it one of the larger economies of the Caribbean, but a recent analysis in Petroleum Export suggests that the twin island republic’s economic security could be under threat from one of its major export markets.

According to a recent Reuters report, the United States is enjoying an "energy bonanza" thanks to shale gas, making it a magnet for industry and in turn reducing import dependence.

"The U.S. internal energy

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