To me the smart thing that governments in the Middle East would be doing right now is taking their oil and gas fountain - and the smartest ones are to some degree - and making sure they're investing in their people to unlock their potential - men and women.
In a world of increasing interdependence, energy security will depend much on how countries manage their relations with one another. That is why energy security will be one of the main challenges of foreign policy in the years ahead. Oil and gas have always been political commodities.
When oil and gas prices went up dramatically and filled up the state treasury, I sent a large share of that revenue back where it belonged - directly to the people of Alaska.
Were we a rational society, a virtue of which we have rarely been accused, we would husband our oil and gas resources.
Coal, oil and gas are called fossil fuels, because they are mostly made of the fossil remains of beings from long ago. The chemical energy within them is a kind of stored sunlight originally accumulated by ancient plants. Our civilization runs by burning the remains of humble creatures who inhabited the Earth hundreds of millions of years before the first humans came on the scene. Like some ghastly cannibal cult, we subsist on the dead bodies of our ancestors and distant relatives. - Dr. Carl Sagan
If you think that we've overregulated in the environmental space what I can show you is that we have tripled the amount of wind power in this country, increased by tenfold the amount of solar power. We are producing as much oil and gas as we've ever produced.
Obviously Muslim societies, like societies elsewhere, are becoming increasingly urban, many are becoming industrial, but since so many have oil and gas, they don't have a great impetus. But again, the revenue that natural resources produce gives them the capability and so countries like Iran are beginning to develop an industrial component.
Water is our most precious resource, but we waste it, just as we waste other resources, including oil and gas.
What is the most entrepreneurial country in the Middle East today? It's Lebanon. Which country has no oil or gas? Lebanon. The same was true of Israel, the same was of Bahrain. You could see a real gradation. Turkey, for instance: no oil and gas, very entrepreneurial. You can either dig your future out of the ground or you can unlock the potential of your people.
First, the oil and gas business pays its fair share of taxes. Despite the current debate on energy taxes, few businesses pay more in taxes than oil and gas companies. The worldwide effective tax rate for our industry in 2010 was 40 percent. That's higher than the U.S. statutory rate of 35 percent and the rate for manufacturers of 26.5 percent.
If [Western] relations with Russia are to be friendly, they must be open and sincere, otherwise there can be no friendship at all. That means one should be able to speak openly about everything at meetings and conferences. It shouldn't be that we can't discuss the killing of journalists in Russia, or the suppression of human rights, or all the warning signs surfacing in Russia because of oil and gas or other economic reasons. It's a big problem, but it's the same in Western relations with Arab states.
It is fairly well-known what has been behind that climate change denial in America: vast sums pumped into an ignorance industry by the oil and gas lobbies.
What you don't hear from these GOP candidates is that they really can't go after this president on domestic production of oil and gas. He's actually done quite a lot. In fact, I would suspect they're environmentalists who are worried that we're doing too much drilling and fracking, in fact. I know that for a fact.
I do not remember when I said this [oil production would collapse ], maybe in the heat of the moment, but I do not think I even said it, but I may just not remember it. I was saying that at a certain level of oil prices new deposits will not be explored. That is what is actually happening. However, surprisingly, our oil and gas workers [mainly oilmen] continue to invest.
Why - because as a oil and gas small business owner - I know if someone is not doing their job, they should not get paid. Again leadership by example.
We want to see oil and gas regulations on a continental basis given the integrated nature of this industry, with the current conditions in the oil and gas sector, this government will not consider unilateral regulation.
The transition from coal, oil, and gas to wind, solar, and geothermal energy is well under way. In the old economy, energy was produced by burning something - oil, coal, or natural gas - leading to the carbon emissions that have come to define our economy. The new energy economy harnesses the energy in wind, the energy coming from the sun, and heat from within the earth itself.
State companies winning deals because of government-to- government interaction has become a rule rather than an exception. This will increase competition for multinational companies in acquiring oil and gas assets.
Britain has squandered its windfall of natural resources from North Sea oil and gas. Instead of prudently investing the 'unearned income' from nature, to build a safe, clean and green energy supply for the nation, we face unnecessary shortages. But there is still a chance to put the proceeds from liquidating our fossil fuel assets to better and more appropriate use. Instead of oil companies profiteering from climate change and oil depletion, a windfall tax could establish an Oil Legacy Fund to pay for Britain's urgent transition to a sustainable, decentralised energy system
When we talk about the Far East we usually mean the Far East itself, including Primorye Territory, Khabarovsk Territory, Kamchatka, and Chukotka, as well as Eastern Siberia. All this area contains tremendous resources, including oil and gas, 90 percent of Russian tin, 30 percent of Russian gold, 35 percent of forest, 70 percent of Russia's fish is harvested in the local waters.
If we choose to keep those tax breaks for millionaires and billionaires, if we choose to keep a tax break for corporate jet owners, if we choose to keep tax breaks for oil and gas companies that are making hundreds of billions of dollars, then that means we've got to cut some kids off from getting a college scholarship.
Then there is another area of activity - economic interaction between Russia and the United States. Right now, for example, it has already been made public that we signed a large deal to privatise one of our biggest oil and gas companies, Rosneft. We know for sure that US companies, as well as Japanese ones, by the way, are keenly interested in cooperation in Russia's oil and gas sector, in joint work. This has immense significance for world energy markets and will directly affect the whole world economy.
It's important to Russia to be able to attract capital and to attract technology to develop their oil fields, their oil and gas fields, many of which suffer from lack of access to the very best technologies. And it's also important, and this has been the US government's view to have diversification of supply, diversification of supply roots and, of course, diversification in terms of alternative energy.
The Coastal Plain of Alaska has great potential for energy development. Americans have paid record-high prices for oil and gas in the year 2005.
For the last 50 years, the federal government has taken out of the Gulf Coast $165 billion in taxes that came from oil and gas off of our coast that went to the federal Treasury, to rebuild all places in America except the place that it came from.
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