Posts filtered on Tag

energy independence

Ed Hirs, managing director of Hillhouse Resources, LLC and an energy economist at the University of Houston, participated in a debate on energy independence at the University of Houston on Sept. 30, 2014. (University of Houston photo)

Best path to U.S. energy security? Depends who you ask

Weaning the United States from crude shipped from overseas requires new policy solutions and a shift in thinking, but whether that means incentivizing oil and gas companies to drill more or investing in renewable energy depends on the perspective.

Commentary: Mexico enters shale play

While the energy world has been focused on Canadian shale over the past few years, Mexico has been quietly emerging as a major player in the crude oil and natural gas industry. With the recent passage of massive energy reforms in Mexico, billions of barrels of oil and trillions of cubic feet of natural gas […]
Gov. Rick Perry, shown in June, said Wednesday that  “If energy is going to be used as a weapon, America needs to have the largest arsenal." (AP Photo/Rex C. Curry)

Perry: California should learn something from Texas

During the bulk of his controversial talk to the Commonwealth Club of California , Perry held up his own state as a model for responsible energy production and economic growth.
A pumpjack operates at the Inglewood Oil field in Los Angeles. (Patrick T. Fallon/Bloomberg)

US energy security reaches highest level in a quarter century

The United States produced enough energy to satisfy 84 percent of its needs in 2013, a rapid climb from its historic low in 2005, according to a report from the U.S. Energy Information Administration.
Workers move a section of well casing into place at a Chesapeake Energy natural gas well site near Burlington, Pa. (AP Photo/Ralph Wilson, File)

Dream of US oil independence slams against shale costs

The path toward U.S. energy independence, made possible by a boom in shale oil, will be much harder than it seems.
Exxon Mobil CEO Rex Tillerson

Exxon chief: US will be energy secure by 2020 (video)

The United States will be energy secure by the end of the decade, Exxon Mobil CEO Rex Tillerson told CNBC Thursday.
Henry Kissinger, former secretary of state, speaks at the OPEC Oil Embargo +40 conference hosted by Securing America's Future Energy (SAFE) in Washington, D.C., U.S., on Wednesday, Oct. 16, 2013. To mark the 40th anniversary of the OPEC oil embargo, leading CEOs, technology innovators, policymakers, and military leaders are participating in a summit to discuss the state of American energy security. (Joshua Roberts/Bloomberg)

Leaders debate US energy security 40 years after oil embargo

Some of the biggest names in energy and international relations are sharing their views on the state of U.S. energy security at a national summit in Washington D.C. Wednesday, marking 40 years since the OPEC oil embargo ushered in a global fuel crisis.
Drivers and a man pushing a lawnmower line up at a gas station in San Jose, Calif., in March 1974. The Arab oil embargo that began in October 1973 kicked off a severe recession from November 1973 through March 1975. (AP photo)

Military and business leaders urge US to end oil’s fuel monopoly

In a report issued Tuesday, former U.S. military leaders, cabinet secretaries and business leaders recommend ways the United States can pare America’s vulnerability to oil price hikes, by giving alternatives a chance to compete with gasoline and ending “oil’s virtual monopoly as a transportation fuel.”
Royalties from oil production on state lands is pushing Texas' Permanent University Fund toward a record $1 billion in annual revenue. (AP Photo/Hasan Jamali)

Report: US oil growth having limited effect on energy security

The United States may soon claim the throne as the world’s top crude and gas producer, but America’s dependence on oil leaves the nation at risk, according to a global energy security assessment issued Monday.
A drilling rig in Pennsylvania. (AP Photo/Alex Brandon)

Energy independence by 2020 won’t mean isolationism

North America will become energy independent by 2020 because of booming oil and gas production, which will have consequences worldwide, according to an analysis from Wood Mackenzie.