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Cazalot: US at risk of losing energy security race

11/24/2008
The US is running the risk of losing the global race for energy, said Marathon Oil Corp. Chief Executive Officer Clarence Cazalot at a recent American Petroleum Institute meeting in Houston.Cazalot said it is crucial that US government officials and the public be educated to the energy challenges facing the nation and its energy providers, along with the most effective solutions, because some proposed governmental policies could result in unintended consequences that exacerbate the situation rather than remedy it.“‘Energy security’ isn’t just some glib phrase” that is used by the energy industry, Cazalot said. “It’s what our work is all about. Few...
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