Watching Government: A closer option

Policy-makers told US oil companies at a Jan. 25 conference in Washington, DC, that within a generation Africa may supplant the Middle East as the US's most critically strategic energy supplier."Our traditional sources of oil are not as secure as we thought they were," said Rep. Edward Royce (R-Calif.), chairman of the US House Subcommittee on Africa.Royce and other officials spoke at the nonpartisan Institute for Advanced Strategic and Political Studies. Citing President George W. Bush's energy blueprint released last May, US officials said expanding US oil and gas investment in Africa is a key national policy goal. "West African oil is a hedging opportunity for US businesses," s...

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