“In my view, America should have been pumping more oil and gas and it should have been supported,” Dimon told CNBC’s Julianna Tatelbaum at the JPM Techstars conference in London.
“We have a longer-term problem now, which is the world is not producing enough oil and gas to reduce coal, make the transition [to green energy], produce security for people,” he said.
“I would put it in the critical category. This should be treated almost as a matter of war at this point, nothing short of that,” he added.
“This is the chance to get our act together and to solidify the Western, free, democratic, capitalist, free people, free movements, freedom of speech, free religion for the next century,” he continued.
“Because if we don’t get this one right, that kind of chaos you can see around the world for the next 50 years.”
In a world where diplomacy seems to be lacking, it’s nice to learn that Israel and Lebanon have reached an agreement on their maritime boundary, and that both countries are satisfied. Based on press reports, it appears that the Qana gas field will fall under the control of Lebanon and that Israel will control the Karish field. Good for Lebanon, good for Israel, and good for energy!
Hopefully, the attached response is indicative of the quality of comments BSEE will receive on their proposed WCR revisions.
The comments, which were submitted by a retired engineer (always the best commenters 😉), express the opinion that BSEE should not remove the option for submitting failure data to BTS. While my comments will express a somewhat different opinion, I thought he made good arguments in support of his position.
“The long-term nature of OCS oil and gas development, such that production on a lease can continue for decades makes consideration of future climate pathways relevant to the Secretary’s determinations with respect to how the OCS leasing program best meets the Nation’s energy needs.“
Basing offshore leasing decisions on “future climate pathways” is a high risk strategy that may be inconsistent with the recent SCOTUS decision in West Virginia vs. EPA. A planned or phased shutdown of the offshore oil and gas program would dramatically increase economic and security risks, and has not been authorized by legislation.
“The American people have moved on. The President himself has declared ‘the Pandemic is over.’ Yet, we continue holding fast to an outdated mandate, purging hundreds of dedicated sailors, even though we struggle to meet our recruiting goals. It is now time to take a pause, reevaluate, and assess what this is costing readiness, the taxpayer, and the public perception of how we treat our people,” he wrote in the letter.
Well Control Rule comments
October 11, 2022 by offshoreenergy
Hopefully, the attached response is indicative of the quality of comments BSEE will receive on their proposed WCR revisions.
The comments, which were submitted by a retired engineer (always the best commenters 😉), express the opinion that BSEE should not remove the option for submitting failure data to BTS. While my comments will express a somewhat different opinion, I thought he made good arguments in support of his position.
The chart below is excerpted from the SafeOCS Dashboard cited in the comment letter:
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