Kenai Conversation: How global geopolitics are shaping the future of the Alaska LNG Project
On today’s episode of the Kenai Conversation, we’re focusing on the global liquefied natural gas market as it relates to the Alaska LNG Project.
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Op-eds & Essays by , , • November 17, 2015
The U.S. energy trade has been in the news often recently, with questions such as whether industry will be allowed to send oil overseas or import it via a certain pipeline from Canada. Seemingly forgotten is the historic milestone that will occur early next year when a tanker for the first time ever sets sail from the U.S. lower 48 to deliver liquefied natural gas (LNG) to the global market. Supporters will tout the economic benefits, while opponents will revisit concerns about environmental and manufacturing impacts. Lost in this rhetorical battle is the view from overseas, and the significant geopolitical impacts that U.S. LNG will have.
Steps by the second Trump administration show it is taking a tougher stance against the regime of Nicolas Maduro. Trump recently issued an executive order that could levy a 25 percent tariff on countries that directly or indirectly import Venezuelan oil starting on April 2, and it has modified Chevron’s oil license to operate in the South American nation.
Trump’s abandonment of antibribery efforts will hurt—not help—U.S. companies.
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Op-eds & Essays by , , • November 17, 2015