Talk of “the peak of oil” has peaked. Energy is suddenly abundant, and the U.S. is now the largest producer of natural gas in the world. New realities are shaking the foundations of the global energy market that has taken shape over the past half century. New technologies, new efficiencies, new threats and new players are forcing changes in the supply, distribution, security and geopolitics of energy. Over time, these changes are likely to force shifts in political power, economic strength, diplomatic alliances and social stability. To borrow a phrase: This is huge!