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.
- A federal agency wants to create a committee to bridge the gap between federal housing programs and Native communities.
- If the Two Spirit Pride reception affirmed safety and acceptance, Orlando violently asserted an opposite claim: that being gay in America is still dangerous.
- More money earned could mean less money overall when public assistance programs get cut off.
- A Skagway business owner and her employee are scheduled to go to trial for allegedly misrepresenting Alaska Native-produced goods. In the spring, both pleaded not guilty to the federal misdemeanor charges against them.