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Posted on Sustainabilitank.info on May 3rd, 2012
by Pincas Jawetz (PJ@SustainabiliTank.com)

Remarks to the American Jewish Committee’s National Energy Committee.

Remarks to the American Jewish Committee’s National Energy Committee.
Reported by Robert F. Cekuta Deputy Assistant Secretary, Bureau of Economic, Energy and Business Affairs.

www.state.gov/e/enr/rls/rem/2012/189212.htm

posted the same day also by the US Consulate in HongKong  as:

hongkong.usconsulate.gov/uscn_state_2012050206.html

[ …Intervening Text… ]

The Bureau of Energy Resources takes a broad view of what is integral to U.S. and global energy security. Doing so means focusing on three areas. The first is what we have traditionally thought of as energy security, going back to the days of the Arab oil embargo and before: the flow of traditional hydrocarbons, in particular oil and gas. Hydrocarbons today still make up 85% of the world’s fuel resources. We continue to use our diplomacy to ensure that access to oil, gas, and coal is adequate, reliable, and affordable. However, we need to be aware even this traditional aspect of energy security is changing as new markets and new technologies alter the traditional energy landscape. For example emerging market economies such as China and India are driving tremendous growth in the world’s demand for resources. New technologies — shale oil in North Dakota or the revolution in unconventional gas — and new producers, such as Brazil or countries in East and West Africa, are affecting the supply picture. The realities of climate change are also a factor.

[ …Intervening Text… ]

There is a third focus in addition to the energy world that we have long known and the energy world of the future — that is the access to energy for the 1.3 billion people around the world today who do not have it. We are already seeing the effects of expanding access in those who only a few years ago had no access to energy in Brazil, China, India, or the other rapidly industrializing economies have had on global energy markets and the expectations regarding supply and demand.

[ …Intervening Text… ]

———————————————-

by –

Robert F. Cekuta
Deputy Assistant Secretary, Bureau of Economic, Energy and Business Affairs

Washington, DC
May 2, 2012

beginning as –

Let me thank the American Jewish Committee (AJC) very much as well for organizing this event and for offering this opportunity to talk with you about improving America’s energy security.

Since President Obama took office, U.S. domestic oil and gas production has increased each year. Our reliance on foreign oil has decreased, and that trend is expected to continue thanks in part to the historic fuel economy standards established by President Obama, effectively doubling the efficiency of the cars we drive and saving consumers thousands at the pump. In 2009, the United States produced 5.3 mmbd. Current U.S. crude production is 6.1mmbd, a figure which is equal to the production we saw at the close of 2011, when U.S. crude oil production reached its highest level since 2003. The 6.1 mmbd U.S. production figure is also an increase over 2010 levels by an estimated 120,000 barrels per day.

———-

Yes, but the above was only the introduction, the meat of the presentation was that America is also front-runner in Renewable Energy as this is needed for many reasons, and he focused clearly on something this audience is very keen interested in – the decreased dependence on Middle East oil – though it is framed in the increased need for energy because of the emerging economies. So you have it – America, for its own good and for the global good, is bound to decrease the blown out of any logical proportion – the importance of the Middle East “Oilocrats” that got a hold of the world by its tail since that famous 1945 visit between President Roosevelt and the Saudi King.

For the full article please go to the link –  www.state.gov/e/enr/rls/rem/2012/189212.htm

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