There is a common thread that helps explain why we went to war 2.5 times in Iraq, but zero in Burma. Why NATO is off Libya, but not Syria.Where American Indians tribes fought over the best hunting grounds and nations slaughtered each other for access to the sea - so today our forces and policy revolve around access to affordable sources of energy.
The more a nation relies on foreign sources, the more it will find itself in foreign entanglements - not to mention the economic problems of sending your dollars abroad in such huge numbers/
New technology is giving our nation another path towards more energy independence in a way that may lead to a reassessment of our national security requirements.
Join us this Sunday, July 7th from 5-6pm EST as EagleOne and I discuss the topic for the full hour with Amy Myers Jaffe, the Wallace S. Wilson Fellow in Energy Studies, director of the Energy Forum at the Baker Institute, author, and associate director of the Rice Energy Program at Rice University.
Ms. Jaffe is one of the authors of the paper, sponsored by the U.S. Department of Energy, from the James A. Baker III Institute for Public Policy at Rice University, “SHALE GAS AND U.S. NATIONAL SECURITY” and has studied this area extensively.
Join us live if you can and join in with the usual suspects in the chat room where you can contribute your thoughts and observation - and suggest to us questions for our guests.
If you miss the show you can always listen to the archive at blogtalkradio - but the best way to get the show and download the archive to your audio player is to get a free account and subscribe to the podcast on iTunes.
8 comments:
US can use its shale gas well, but when large fields were discovered in Poland this was much more geopolitically important, as it directly throws spanner in the works of Putin's energy domination policies.
http://www.ft.com/cms/s/0/9d5a8e12-2d77-11df-a262-00144feabdc0.html#axzz1UGkGQIMn
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Dont forget Israel found a huge amount off its shores.
I dont think anyone really knows how much is in the US territories they keep finding more. Of course the oil companies have basicly said they wont be drilling anymore in the gulf until might O' gets out.
I'm sure thats good for the stockmarket, peoples 401k's, prices and taxes. Oh and dont forget jobs.
Thanks E40. I can use that.
Totally unrelated note: HAPPY BIRTHDAY TO BYRON!
having watched this BS for 50+ years i have begun to believe that the energy companies have a vested interest in keeping quiet just what their "best estimates" of oil, coal, natural gas, uranium, is in the ground in their leases.
something to do with the inate distrust of politicians and their desires to tax minerals in the ground if possible.
as a matter of fact this was told to me face to face by the professor of petroleum engineering at stanford in the middle sixties and i have seen nothing to change my mind since.
have you noticed that the estimates showed about 18 months of oil known about in 1967 at a rate of use that was about 25% of the current use but our current estimates were (a couple of years ago) 30 months supply at current usage rates.
the oil/gas business seems to have the most, loudest, highest pressure speculators of any of the industries. beware of them.
C
You know,conspiracy theories aside, technology drives the ability to exploit known but previously unreachable oil and gas. So it has been with offshore drilling and with shale gas.
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