Industry-Stacked Energy Department Committee: Shale Running Dry, Let’s Exploit the Arctic

http://www.desmogblog.com/2015/03/27/us-energy-department-committee-shale-running-dry-start-tapping-arctic

A report assembled by an industry-centric US Department of Energy committee recommends the nation start exploiting the Arctic due to oil and gas shale basins running dry. In the just-submitted report, first obtained by the Associated Press, the DOE’s National Petroleum Council — many members of which are oil and gas industry executives — concludes that oil and gas obtained via hydraulic fracturing (“fracking”) will not last beyond the next decade or so, thus the time is ripe to raid the fragile Arctic to feed our fossil fuel addiction. The NPC just launched a website and executive summary of the report: Arctic Potential: Realizing the Promise of U.S. Oil and Gas Resources. Confirming the thesis presented by the Post Carbon Institute in its two reports, “Drill Baby, Drill” and “Drilling Deeper,” the National Petroleum Council believes the shale boom does not have much more than a decade remaining. ExxonMobil CEO Rex Tillerson, a National Petroleum Council member, chimed in on the study in an interview with the Associated Press. “There will come a time when all the resources that are supplying the world’s economies today are going to go in decline,” remarked Tillerson. “This is will be what’s needed next. If we start today it’ll take 20, 30, 40 years for those to come on.” The National Petroleum Council also deployed the energy poverty argument, utilized most recently by coal giant Peabody Energy in its “Advanced Energy For Life” public relations campaign, to make its case for Arctic drilling as a replacement for fracking. “But global demand for oil, which affects prices of gasoline, diesel and other fuels everywhere, is expected to rise steadily in the coming decades — even as alternative energy use blossoms — because hundreds of millions of people are rising from poverty in developing regions and buying more cars, shipping more goods, and flying in airplanes more often,” reads the report. “In order to meet that demand and keep prices from soaring, new sources of oil must be developed, the council argues.” Tags: National Petroleum CouncilobamaBarack ObamaPresident Barack Obamashell oilshellColumbia UniversityNational Security CouncilJason BordoffPublic RelationsPRpropagandaNiel LawrencePeabody Energycoalenergy povertyPost Carbon Institutedrill baby drillDrilling Deeperrex tillersonexxonExxonMobildoeAPAssociated PressJonathan FaheyUS DOEUS Department of EnergyUS Energy DepartmentUnited States Energy DepartmentUnited States Department of Energyfrackinghydraulic fracturingshale gasshale oilunconventional gasunconventional oilfracked gasFracked Oilnatural gasshaleArctic Offshore DrillingArctic DrillingNRDCNatural Resources Defense Council

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