SAFE: More oil production doesn’t guarantee US security

More US oil production potentially could provide real security benefits, but the nation will continue to be affected by global events, Securing America’s Future Energy (SAFE) said in a recent report.

The study, “Oil Security 2025: US National Security Policy in an Era of Oil Abundance,” was the first to analyze the US production boom in the national security context, SAFE said. The report was released Jan. 15 in New York by SAFE’s energy and geopolitics commission.

“The United States will only experience the full benefits of the domestic oil boom by working to help improve stability in the global oil market and decrease the nation’s exposure to it,” the committee’s co-chairmen—Dennis Blair, a former US National Intelligence Director, and Michael W. Hagee, a former US Marine Corps Commandant—said in a joint statement issued with the study.

“Our political leaders should prioritize long-term political stability in major oil-producing regions, enhance the international community’s capability to respond to oil supply crises that will inevitably occur, and diversify energy sources in the transportation sector away from oil to electricity and natural gas,” they suggested.

Contact Nick Snow at nicks@pennwell.com.

Related Articles

DOE approves LNG exports to non-FTA countries from Oregon project

03/24/2014 The US Department of Energy conditionally approved Jordan Cove Energy Project LP’s application to export LNG through its proposed terminal on Orego...

MARKET WATCH: Front-month crude oil contract closes up, gas down on week

03/24/2014

The front-month crude oil contract ended the week higher Mar. 21 while natural gas futures prices edged slightly lower.

HSC remains closed, fuel cleanup continues after barge collision

03/24/2014 The Houston Ship Channel (HSC) remained closed to unauthorized vessels Mar. 24 as the result of a temporary emergency safety zone being established...

Judge bars Anadarko e-mails as evidence in Macondo blowout hearing

03/21/2014 A federal district judge in New Orleans refused to accept e-mails between Anadarko Petroleum Corp. and BP PLC as evidence in a hearing to determine...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected