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Global energy security is a vital part of America's national security.
What's interesting is there are $12 billion of breaks in the energy bill that passed, yet we see that the sixth major oil companies in America last year made $1.1 trillion.
There are going to be questions about what major oil companies are doing with all of the resources they're accumulating. They can't escape that.
The national oil companies still want to acquire some expertise so they will outsource more, but not totally.
If oil companies were to invest their high profits into alternative fuel research it will help America move toward new forms of energy.
Man is not logical and his intellectual history is a record of mental reserves and compromises. He hangs on to what he can in his old beliefs even when he is compelled to surrender their logical basis.
But eventually it's a question of access: Getting access to fields is on top of the oil companies' agenda. We see a substantial build-up of supply occurring over the coming years.
The best people to provide valuable information about any society are the children of that society who belong to its culture and are part of its collective conscience.
Well it's because the record companies are pumping away with their commercial stuff. I think it's a shame.
