“The elements of our strengths are many. They include our democratic government, our economic system, our great natural resources,” stated Ambassador Jeane Kirkpatrick in the 80s about the United States.
The business page headline, in the November 3rd, 2001 Oklahoman, read “Terrorist attacks spur need for national energy policy.” The day before, energy experts and government officials had attended the 2001 International Energy Policy Conference, now National Energy Talk, which I founded in 1992.
The message was clear as then Lt. Governor Mary Fallin said, “September 11 has helped us come face-to-face with the issue of our energy policy.” The conference included speakers/attendees from as far away as Venezuela, Japan and Korea. It was interesting that one of the speakers, Mexico’s Consul General Ezequiel Padilla, projected today’s U.S. energy outcome. He said, “we need your (U.S.) entrepreneurship.”
The U.S. Energy Information Administration (EIA) reported recently that the U.S. crude oil production exceeded 10 million barrels a day for the first time since 1970. During the 1970s, U.S. consumption began to outstrip production, and America started importing more oil than it produced. The needed U.S. entrepreneurship came along through the efforts of research and development along with technological advances. Twelve years ago, the U.S. was importing 12.9 million barrels a day of crude/petroleum products. As of the fall 2017, the number of barrels a day was at 2.5 million a day.
In 2008, when I published The Braking Point: America’s Energy Dreams and Global Economic Realities, I expressed my view that America and the world were facing an energy crisis. The good news was that America’s energy problems could be solved. The bad news was that our country’s energy crisis did not exist in a vacuum, was not temporary, and would not fix itself. At that time I stressed that failure to effectively deal with this problem would threaten our nation’s economic prosperity and compromise our national security, and could radically alter our way of life. The book’s title, The Braking Point, said it all: America needed to put on the brakes, stop, and assess the entire energy picture to see where the country was headed.
The oil and gas industry reassessed and stepped up to the energy challenge. Through innovation, grit, determination, and ingenuity, energy solutions were found!
Energy education is more important than ever as we envision America’s energy transformation.
National Energy Talk is a platform engaging a national dialogue on energy issues, views and solutions. We address the needs, plans and issues that all types of energy face today. Through discussion, we can create a national energy vision.
The American energy industry is up to the energy challenges ahead. U.S. President Washington stated “A people…who are possessed of the spirit of commerce, who see and who will pursue their advantages, may achieve almost anything.”
“Future generations are depending on us to keep the American dream alive”. – It is time to take a stand, evaluate your own energy impact on our nation, and play your part in preserving our country. Energy is the future of America and America Needs America’s Energy! What do you think? It is time for National Energy Talk. www.nationalenergytalk.com
Blockchain Adoption in Oil & Gas
The advent of new technologies has ushered in new opportunities in the form of greater transparency, security and mobility across the Oil & Gas value chain. Blockchain is one such technology which has immense usages across the O&G industry.