Why Globalization Reaches Limits
We have been living in a world of rapid globalization, but this is not a condition that we can expect to continue indefinitely.
We have been living in a world of rapid globalization, but this is not a condition that we can expect to continue indefinitely.
There is no U.S. oil and gas export "weapon" to aim at Russia to counter its moves in the Ukraine. The U.S. isn’t even supplying its own needs. But you wouldn’t know that from media reports and editorials in the last week.
Never let the facts get in the way of a good story. That’s the credo of the oil and gas industry as it continues to lobby for increased oil and natural gas exports from the United States.
As the United States contemplates exporting natural gas to the rest of the world, previously energy-poor Israel seems about to jump on the export bandwagon. The current government is seeking approval to export about 40 percent of the production from its newly discovered offshore natural gas fields.