Minister Ali al-Naimi scoffed at U.S. leaders who extol energy independence, especially from the Middle East, as a political goal.
Al-Naimi said even with the rapid technological gains that led to the current gas boom in the Lower 48, the United States can’t isolate itself from geopolitics or globally commodities markets.
Shale gas accounts for less than half of U.S. gas supply.
And, al-Naimi said, the U.S. bought more Saudi oil in 2012 than any year before.
“Just as I didn’t buy into the peak oil theories, I do not go along with the opinion that increasing U.S. liquid production means the United States could and should detach itself from international affairs,” he said.
That’s especially true considering there are a dozen export permits for liquified natural gas pending before the federal government.
Some 70% of Saudi exports go to Asian markets; the same markets Alaska would like to export its LNG to.
- The Department of Fish and Game will pull the north line of the Ugashik District back away from the haulout site again, Salomone said, the same as last year. The exact coordinates will be published with the first announcement from Fish and Game about June 1.
- The Navy will scan Kodiak and Unalaska waters for World War II-era munitions using underwater drones next month, as part of an ongoing effort to eventually remove the explosives. What could happen and whether the historic weapons would detonate is unclear.
- Whales might be the largest animals on the planet, but they haven't always been so huge. Researchers say the ocean giants only became enormous fairly recently, and over a short period of time.
- Typical criminal cases go to local district attorneys for consideration. The head of the Office of Special Prosecutions wouldn't elaborate on why this case was in his office.