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 Juneau Assembly has ponied up another $1.2 million for the Housing First project. The 32-unit apartment complex and clinic is designed to serve Juneau's most vulnerable residents, many of them homeless
- The smoke was thick but through the gaps, it didn't look like much was left of the popular playground located in a park north of downtown Juneau.
- City Manager Rorie Watt said the city's costs for subdividing the land and closing the deal could be a quarter million dollars.
- Because some land in the refuge is privately owned, different rules for shotgun use technically applies.