How the Changing Dynamics of World Energy Markets Impact our Economy and Energy Security - Testimony before the Committee on Energy and Commerce, U.S. House of Representatives
"Artificial restrictions on energy flows can be a source of international conflict as we can already see from events in Eastern Europe and the Middle East. Moreover, the United States has a direct interest in preventing energy from being used as a strategic weapon or as a spoil of war in civil conflict between competing militias or sectarian groups."
U.S. House of Representatives Testimony
How the Changing Dynamics of World
Markets Impact our Economy and Energy Security
"While it is true that rising U.S. oil production was what put OPEC under pressure in the first place, the decision by key member states such as Saudi Arabia, Kuwait, the United Arab Emirates and Qatar, to allow oil markets to remain oversupplied is driven mainly by broader geopolitical concerns, many of which coincide with those of the United States."
China's Energy Hedging Strategy: Less than Meets the Eye for Russian Gas Pipelines
"China's growing energy relationship with Russia might be best understood as a hedging strategy to lock in multiple suppliers to reduce Chinese exposure to supply disruptions and to leverage cheaper energy imports. When faced with liquefied natural gas prices that have exceeded $20 per thousand cubic feet in recent years, China clearly has an interest in seeking alternative sources of supply from lower-cost providers."
Exploring the Role of Natural Gas in U.S. Trucking
"The emergence of natural gas as an abundant, inexpensive fuel in the United States has raised the possibility of a larger shift in the level of natural gas utilized in the transportation sector. The cost advantages of natural gas vis a vis diesel fuel and the diversity of its geographical sources in North America raises the possibility that natural gas can increase the global competitiveness of the U.S. transportation supply chains."