Subscribe free to our newsletters via your




OIL AND GAS
Shell: 'Persuasive argument' for U.S. oil and gas exports
by Daniel J. Graeber
New York (UPI) Sep 3, 2014


disclaimer: image is for illustration purposes only

Exporting oil and natural gas from the United States should help ensure a more stable global energy sector, the head of Royal Dutch Shell said from New York.

Shell Chief Executive Officer Ben van Beurden said during a speech at Columbia University there was a "persuasive argument" for open exports from the United States.

Some policymakers on Capitol Hill and those in the energy industry have said more oil and natural gas exports would secure the United States as a global energy superpower.

Crude oil exports are restricted by legislation enacted in response to the oil embargo from Arab members of the Organization of Petroleum Exporting Countries in the 1970s. Exports in the form of liquefied natural gas require an approval process that supporters say is mired in red tape.

Van Buerden said in his address a "truly liberalized" U.S. energy market would bring global benefits.

"U.S. oil and gas exports would reinforce the long-term future of North American energy production, significantly improve the U.S. balance of trade and help to make the global energy system more stable," he said in his remarks Tuesday.

Critics argue exports would lead to an increase in hydraulic fracturing, the controversial drilling practice behind the glut of oil and gas in the United States. Some industry reports have said exports could also lead to an increase in domestic energy prices.

.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








OIL AND GAS
BP, SOCAR to build Azeri workforce
Baku, Azerbaijan (UPI) Sep 2, 2014
Azerbaijan and BP announced plans to build a national workforce to help develop the country's oil and gas industry, officials said. Representatives from BP and the State Oil Company of the Azerbaijan Republic signed documents in Baku on building a workforce specializing in the oil and natural gas business. "The memorandum of understanding will allow SOCAR and BP to create a reser ... read more


OIL AND GAS
Fukushima accepts 'temporary' radioactive waste storage

Japan gov't calls on citizens to stockpile toilet paper

China landslide kills seven: report

Japan landslides death toll hits 70 one week on

OIL AND GAS
Too Early for Conclusions on Galileo Satellites Incident

Galileo Satellites Incident Likely Result of Software Errors

Indian start-up launches shoes that show you the way

Update on Galileo launch injection anomaly

OIL AND GAS
DNA shows Arctic group's isolation lasted 4,000 years

The roots of human altruism

Stone-tipped spears lethal, may indicate early cognitive and social skills

SA's Taung Child's skull and brain not human-like in expansion

OIL AND GAS
Together, humans and computers can figure out the plant world

Kenyan commandos on frontline of poaching war

Evolution used similar toolkits to shape flies, worms, and humans

'Just right' plant growth may make river deltas resilient

OIL AND GAS
Leading Ebola researcher says there's an effective treatment for Ebola

Ebola epidemic decimating health workers in Guinea

Therapy for Sudan strain of Ebola may help contain some outbreaks

Regional crisis talks as Ebola death toll tops 1,500

OIL AND GAS
China insists on right to choose candidates for HK leader

Nouveaux riches and pollutants in new Chinese dictionary

Speaking in tongues: China divided over the common language

China court frees man after six years on death row

OIL AND GAS
Hijacked Singaporean ship released near Nigeria: Seoul

Chinese fish farmer freed after Malaysia kidnapping

US begins 'unprecedented' auction of Silk Road bitcoins

Malaysian navy foils pirate attack in South China Sea

OIL AND GAS
Weak Japan data heap pressure on policymakers

Hungary strives to be central Europe's start-up capital by 2020

China manufacturing growth slows in August: surveys

Japan's economy shrinks after sales tax rise




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.