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Posts in Energy Security

The Hidden Danger of the Gas Boom
Andy Rowell
Feb08
The hype surrounding the US gas industry continues to grow as America moves ever closer to its cherished dream of energy independence. Yesterday, Bloomberg reported that “the U.S. is the closest it has been in almost 20 years to achieving energy self-sufficiency, a goal the nation has been pursuing since the 1973 Arab oil embargo…
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Keystone XL Does Not Enhance U.S. Energy Security
Elizabeth Bast
Jan18
New report by Oil Change International and Natural Resources Defense Council finds Keystone will increase price of oil in the Midwest.
A Road Map to Renewal or Ruin?
Andy Rowell
Jan18
The oil boys from Houston must be wriggling with delight after President Obama’s official jobs council called for an “all-in approach” to energy policy that includes expanded oil-and-gas drilling as well as more pipelines. “We should allow more access to oil, natural gas and coal opportunities on federal lands,” argued the President’s Council on Jobs…
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British LNG Imports at Risk in Gulf Crisis
Andy Rowell
Jan16
More on the growing Iranian crisis. Brent crude is rising this morning due to worries over serious disruptions to the supply of crude after Iran warned its Arab neighbours of “consequences” if they raised oil output to replace Iranian loses through international sanctions. As the US has increased diplomatic pressure on countries that import Iranian…
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Keystone XL: playing the Iran card, ignoring the facts
Lorne Stockman
Jan11
The American Petroleum Institute, along with Senator Lugar (R-IN), has grasped the recent threat of a crisis in the Strait of Hormuz as the perfect opportunity to peddle its misinformation about Keystone XL and U.S. energy security. The Strait of Hormuz is a narrow channel of ocean between Iran and Oman through which some 17…
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The API doesn’t just threaten Obama, it threatens us all.
Lorne Stockman
Jan05
Yesterday’s presentation by American Petroleum Institute CEO Jack Gerard (right) was reported widely as the oil industry laying down the gauntlet for Obama to approve Keystone XL. The threat was indeed pretty clear. Gerard claimed President Obama would face “huge political consequences” if he denied the permit for the project. But the API’s agenda, which is clearly…
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Don’t Look Away Now
Andy Rowell
Nov21
Love it or loath it as the voice of business, you can say one thing about the Financial Times, it normally covers the energy beat with a reasonable degree of accuracy. That’s why is was so disappointing to read the latest misguided comment piece by the paper’s Washington columnist Edward Luce, in an article “Look…
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Military Wisdom: Pentagon strategy doesn’t include Canadian oil
Lorne Stockman
Nov02
We have discussed a number of times on this blog how energy security cannot be attained through importing more oil from Canada or increasing domestic drilling. These false solutions give the impression something is being done to ease the burden of high oil prices on the nation but in reality make no difference. So it…
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$frack$
The Downsides of “Extreme Energy”
Andy Rowell
Nov02
So its official: fracking causes earthquakes. Just minutes ago, a report published by the oil company Cuadrilla as to whether its drilling operations caused two “earthquakes” back in April and May, concluded that fracking was the “highly probable” cause of the small seismic events. Cuadrilla suspended fracking operations in June, over fears of a link…
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Big Oil Buys Democratic Support for Keystone XL
Steve Kretzmann
Oct19
Earlier today, twenty-two House Democrats sent a letter to President Obama expressing their support for the Keystone XL pipeline project. The letter was announced in a press release from TransCanada. Both the letter and the press release predictably recycle discredited arguments for Keystone XL on energy security and jobs. What TransCanada didn’t mention is that…
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