BBC: Will US shale gas bring global energy prices tumbling?

The second US shale gas revolution is about to begin.

Vast quantities of fracked gas have already seen domestic energy prices tumble, providing not only US manufacturers but the wider economy with a hefty shot in the arm.

Now the country is looking beyond its own borders to become a major player in global gas markets. In fact, by the end of this decade, the country plans to challenge Qatar, the undisputed king of liquefied natural gas (LNG).

Considering the US currently exports virtually no LNG, the scale of its ambition is staggering.

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