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Editor's
Note
This has been quite a year: Oil jumped to $147 and got everyone
talking about peak oil and alternatives; then it fell to $57 and
the talking ceased...
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Europe
Looks to Mashriq Region
for Natural Gas
by Cyril Widdershoven
The search for energy supplies east of Egypt may lead to a new
alliance between the European Union and Iraq.
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Hostage
to Foreign Oil and Money
by Hugh Ebbutt
Though true energy independence is more a dream than a goal, we
can take steps to loosen the grip that foreign oil has on the country.
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The
Perfect Storm
by Richard R. Loomis and Susan Salter
A faltering economy, a spike-down in oil price and even a rise
in gas-guzzler sales are just three of the factors contributing
to a virtual tsunami of future energy problems.
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for FREE
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Virginia
Power Tour
by Brian K. Tully
Over in the historic commonwealth, forward-thinking minds are creating
a fresh environment for locally sourced power and a diverse energy
portfolio.
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Spotlight
on North America
President-elect Obama backs a drilling ban, economic woes take
their toll on Canada’s oil sands, and a reformed PEMEX still
shuts out much foreign investment.
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Spotlight
on Latin America
Ecuador seeks an exception to OPEC production cuts, Brazil needs
billions to keep up with production, and how long can Venezuela
stay socialist as the money runs dry?
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Spotlight
on Africa
The United States helps Angola combat sabotage, private security
firms are deployed offshore Somalia, where piracy runs rampant,
and China takes an interest in a resource boom in Chad and Niger.
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WORLD ENERGY FEATURED ARTICLES: |
Three
Myths and Three Realities
Dr. Tony Hayward
Group Chief Executive
BP p.l.c.
The speculation myth, the hydrocarbon myth and the low-carbon-now
myth: these are three examples of commonly held arguments that
work against the interests of the energy industry. The author seeks
to replace these myths with real-world issues that should be addressed
instead, including reversing the manpower shortage and creating
a stable fiscal and regulatory environment.
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The
New Consensus
David J. O’Reilly
Chairman and CEO
Chevron Corporation
The author notes the urgency of addressing energy security today – a
concern he calls a “new consensus” among Americans – but
also expresses optimism that the nation’s energy system will
improve through such measures as energy efficiency, the further
development of domestic supplies and environmental stewardship.
He also presents his “new energy equation” to address
the reasons for high oil prices now and into the future.
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Avoid
the Energy Myths and Diversify
Thomas F. Farrell II
Chairman, President and CEO
Dominion
As consumers continue to face many challenges in today’s
energy climate, the CEO of a leading energy producer suggests that
diversification is always a welcome strategy. He identifies four
myths that the media and politicians help strengthen and urges
the development of sound programs to achieve a clean, secure energy
future.
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Natural
Gas: Today’s Choice for a Better Tomorrow
David McClanahan
President and CEO, CenterPoint Energy
2008 Chairman, American Gas Association
In a recap of the strides made by AGA in 2008, the author asserts
the role of the natural gas industry in addressing climate change
through five main priorities: increasing supply, encouraging conservation
and efficiency, increasing affordability, supporting innovative
rate design and improving outreach for investment in the industry.
By addressing these priorities the energy industry can look to
natural gas as the bridge fuel as it solves the larger issues of
climate change and future energy supply.
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