Wednesday, July 16, 2025
Caspian Barrel
Advertisement
  • Azerbaijan
  • Russia
  • Kazakhstan
  • Turkmenistan
  • Iran
  • İnteresting News
  • Green energy
  • Vacancy
  • About Us
  • Azərbaycan
  • English
  • Русский
No Result
View All Result
  • Azerbaijan
  • Russia
  • Kazakhstan
  • Turkmenistan
  • Iran
  • İnteresting News
  • Green energy
  • Vacancy
  • About Us
  • Azərbaycan
  • English
  • Русский
No Result
View All Result
Caspian Barrel
No Result
View All Result

US energy minister: Shale oil production growth will not endanger market

25/01/2018
US energy minister: Shale oil production growth will not endanger market
7
VIEWS
Share on FacebookShare on Twitter

Department of Energy Secretary Rick Perry said Wednesday that the US is “blessed” to provide fossil fuel to the rest of the world. 

'We're blessed to be in counties with pretty substantial abilities'Speaking at a panel on energy transformation at the World Economic Forum in Davos, Switzerland, Perry said that countries like the United States and Saudi Arabia were “blessed” for their abilities to provide fossil fuel globally and such countries help give the world a “better quality of life or better opportunities.”

“We’re blessed to be in counties with pretty substantial abilities to deliver to the people of the globe a better quality of life to those fossil fuels,” said Perry.

Additionally, Perry says he is skeptical about the US Energy Information Administration (EIA) forecasts. Notably, EIA predicts that daily oil production in the country to reach 10.3 mln bbl.

Following the announcement of the minister, the price of Brent oil rose to $ 71.05 / bbl which is the peak after December 2, 2014.

Report.az

 

Department of Energy Secretary Rick Perry said Wednesday that the US is “blessed” to provide fossil fuel to the rest of the world. 

'We're blessed to be in counties with pretty substantial abilities'Speaking at a panel on energy transformation at the World Economic Forum in Davos, Switzerland, Perry said that countries like the United States and Saudi Arabia were “blessed” for their abilities to provide fossil fuel globally and such countries help give the world a “better quality of life or better opportunities.”

“We’re blessed to be in counties with pretty substantial abilities to deliver to the people of the globe a better quality of life to those fossil fuels,” said Perry.

Additionally, Perry says he is skeptical about the US Energy Information Administration (EIA) forecasts. Notably, EIA predicts that daily oil production in the country to reach 10.3 mln bbl.

Following the announcement of the minister, the price of Brent oil rose to $ 71.05 / bbl which is the peak after December 2, 2014.

Report.az

 

Tags: Rick PerryShale oilWorld Economic Forum

Related Posts

Azerbaijan Plans to Produce 5.3 Billion kWh of Electricity Annually from “Green Energy”
Azerbaijan

Azerbaijan has outpaced all post-Soviet countries in the Energy Transition Index

14/01/2025
Azərbaycan neft hasilatının azaldılmasına yenidən dəstək verdi
Russia

Vagit Alekperov: It’s necessary to gradually get out of OPEC+ deal

26/01/2018
Please login to join discussion
WTI Crude Price
Brent Crude Price

Vacancy

Wood Nobel Energy is looking for an Engineering Manager

14/07/2025
Azerbaijan

Azerbaijan, Saudi Arabia discuss co-op in hydrocarbon sector

10/07/2025
İnteresting News

OPEC+ ıncreased oıl productıon, but what now?

09/07/2025
Azerbaijan

Azerbaijan operator plans Caspian drilling campaign in bid to boost gas output

09/07/2025
İnteresting News

ICGB launches market demand assessment for capacity expansion of IGB pipeline

09/07/2025
Azerbaijan

SOCAR today announced its audited financial report for 2024

08/07/2025
Vacancy

International Company is looking for a PE01-ESG-Tech Advisor-PE

14/07/2025
Vacancy

International Company is looking for a Service and Maintenance Engineer

03/07/2025
Azerbaijan

Hungary receives first cargo under Azerbaijan oil import deal

30/06/2025
Vacancy

Everllence Schweiz AG (former MAN Energy Solutions Schweiz AG) is looking for a Mechanical Engineer

24/06/2025

No Result
View All Result
  • Azərbaycan
  • English
  • Русский
  • Azerbaijan
  • Russia
  • Kazakhstan
  • Turkmenistan
  • Iran
  • İnteresting News
  • Green energy
  • Vacancy
  • Contact

© 2014 - 2024 CaspianBarrel - Xəzərin neft və qaz xəbələri.