U.S. does have the ability to guide the oil price realization

U.S. foreign policy since last year really began to actively use energy as a means, especially since early this year,fracturing proppant Obama hydraulic fracturing, shale oil and gas exploration and gas exports and other issues showed a positive attitude to their first term For the negative attitude of traditional energy has greatly changed. Since last year, through the natural gas exports, the United States also succeeded to set a good example in Europe and Asia, the European Union Russia gas (Gazprom) has launched an antitrust investigation, succeeded in forcing its price cuts, Britain and Germany began to intervene in shale gas production, Japan In actively trying to develop combustible ice.

But it is worth noting that although Obama has some policies on fossil fuels on the steering, but at least for now, this shift more confined to natural gas instead of coal and oil; natural gas as the only fossil energy clean energy , its marketing can be counted as traditional and renewable energy roadmap at this stage, a balance between. For crude oil, apparently Obama's policies are not so forgiving, in KeystoneXL pipeline construction can be seen on many other issues.

Of course, the U.S. does have the ability to guide the oil price achieved last year is a crucial year for WTI Brent catch up, Brent crude oil futures volume 2 consecutive quarters catch WTI, even the U.S. Energy Information Administration (EIA) report have begun to use as a benchmark Brent .

But it is worth noting that, since last August TOT submit letters to the IOSCO without naming that the current existence of the North Sea market manipulation after, Brent began to fall into the whirlpool;Hydraulic fracturing Platts February this year, Shell was the first to split the North Sea market place edge, then in May 13 IEA monthly report released by the day, the European Commission said Brent pricing mechanism will these two companies and BP, the Norwegian State Oil (StatOil) investigation, Brent pricing, reliability has been seriously questioned. Brent WTI spread for the same period has quietly repaired, it is foreseeable that, no two years, WTI will once again return to the throne of the world's first benchmark oil price.

Thus in this context, the United States is no reason to suppress the price of oil is more, on the one hand, strategic center of gravity eastward since 2012, the United States is China's diplomatic core, suppressing prices equal to the China provides cheap oil of the road, which obviously does not meet the U.S. strategic needs; the other hand, oil prices continued to fall,ceramic ball it is not conducive to long-term clean energy Obama implementation of the strategy; addition, suppress WTI oil prices is not conducive to snatch back the high ground.