• 4 minutes Pompeo: Aramco Attacks Are An "Act Of War" By Iran
  • 7 minutes Who Really Benefits From The "Iran Attacked Saudi Arabia" Narrative?
  • 11 minutes Trump Will Win In 2020
  • 15 minutes Experts review Saudi damage photos. Say Said is need to do a lot of explaining.
  • 6 hours Ethanol is the SAVIOR of the Oil Industry, Convenience Store Industry, Automotive Supply Chain Industry and Much More!
  • 1 hour Ethanol, the Perfect Home Remedy for A Saudi Oil Fever
  • 6 hours Instagram Now Banning Photos Of People At Gun Ranges, Claiming They Promote "Violence"
  • 2 hours Let's shut down dissent like The Conversation in Australia
  • 2 hours Pepe Escobar: “How The Houthis Overturned The Chessboard”
  • 12 hours Famous Manufacturer of Anti-Ethanol Additives Proves Ethanol's Safety and Benefits
  • 18 hours Collateral Damage: Saudi Disruption Leaves Canada's Biggest Refinery Vulnerable
  • 1 day Hong Kong protesters appeal to Trump for support.
  • 1 day Saudi State-of-Art Defense System looking the wrong way. MBS must fire Defense Minister. Oh, MBS is Defense Minister. Forget about it.
  • 14 hours Trump Accidentally Discusses Technology Used In The Border Wall
  • 9 hours US and China are already in a full economic war and this battle for global hegemony is a little bit frightening
  • 14 hours One of the fire satellite pictures showed what look like the fire hit outside the main oil complex. Like it hit storage or pipeline facility. Not big deal.
Shale Slowdown Takes Its Toll On Oil & Gas Jobs

Shale Slowdown Takes Its Toll On Oil & Gas Jobs

US oil production continues to…

Oil Price Explosion – Brent Crude Jumps 20%

Oil Price Explosion – Brent Crude Jumps 20%

Brent crude rocketed on Sunday…

America's Denial Damages Climate Change Efforts

Given safe haven from the impact of climate change by their privilege and wealth, the decision-making elite of the US has no intention of making the sacrifices that could lessen the impact of that change on the rest of the world. That is just as dangerous a form of denialism as refusing to admit climate change is happening at all.

That the decision makers are in denial is clear from the stated opinions of many energy experts, as well as future trend predictions both by energy companies and by the US intelligence community.  They still see climate change as a largely political issue, rather than as a disaster-in-process, and are reacting as if to a political movement instead of realizing that action must be radical and prompt simply to reduce the scale of that disaster, for there is no stopping it now.

Recently my friends at Oilprice.com published an interview with energy security expert Michael Levi, the David M. Rubenstein Senior Fellow for Energy and the Environment and Director of the Program on Energy Security and Climate Change at the Council on Foreign Relations. He had some things to say on the current, accelerating, US energy production boom, on the Keystone pipeline and on climate change.

Levi sees the main problem about the glut of US natural gas production as being that producers haven’t done enough to stimulate demand for their gas – that the low price is more of a problem than the amount of gas, in other words. He is happy about the current shale oil boom and while warning about over-hyping the strategic consequences of that boom says that “in this case, reality is pretty radical itself”. He worries that opposition to the Keystone pipeline will lead to “ blocking pipelines all over the place, then that becomes a larger economic problem”, and describes the pipeline as something that is “non-essential to US energy security; it is also not disastrous to climate change”.

To read full article click here.



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play