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.
- It’s not clear whether independent Gov. Bill Walker will run in the primary. A campaign spokesperson said Walker could not comment because it is a pending legal matter to which the state is a party.
- Gastineau Community School has been renamed Sayéik Gastineau Community School. The Juneau School Board voted unanimously to add the traditional Tlingit name, which loosely translates to “spirit helper.”
- Christopher Strawn testified he walked home with his dog and was going to sleep when Brandon Cook was shot and killed on Oct. 20, 2015.
- Gov. Walker and Lt. Gov. Mallott both spoke, but is was the 17-year-old keynote speaker who brought the room to its feet with applause and cheers.