Meghan O’Sullivan, former deputy national security advisor on Iraq and Afghanistan under President George W. Bush, says a shift toward nationalism or de-globalization will affect global oil markets.
In this interview with Hart Energy’s Jessica Morales and Len Vermillion, O’Sullivan, who currently serves as the Jeane Kirkpatrick Professor of the Practice of International Affairs and a board member of the Belfer Center for Science and International Affairs at the Harvard Kennedy School, also discusses what we might expect for the U.S. shale market in the wake of the oil price crash and COVID-19 pandemic. Additionally, she touches on what to expect from the upcoming election and whether an administration change could have a significant effect on U.S. oil and gas.
Jump to a topic:
- Global oil's unprecedented moment (0:50)
- Shift toward nationalism (2:20)
- Venezuela's challenge (5:07)
- Iran and Middle East stability (8:44)
- Nigeria and Mexico (11:01)
- U.S. production and policy (13:10)
- Effects of a potential administration change (15:59)
Recommended Reading
TotalEnergies Joins Ruwais LNG Project in UAE
2024-07-11 - French energy giant TotalEneriges joined the two-train 9.6 million tonnes per annum Ruwais LNG project in the United Arab Emirates with a 10% interest. The LNG project is expected to start sending out cargos in the second half of 2028.
US Producers to Contribute to 2030 Oil Supply Surplus
2024-06-13 - Higher world oil production, led by U.S. and other producers in the Americas, will outpace demand between 2023-2030 and inflate the world’s spare capacity cushion, according to the IEA.
New Fortress Expects First LNG from Unit Offshore Mexico in a Matter of Days
2024-06-17 - New Fortress Energy Inc. is expecting first LNG by the end of the month for its first Fast LNG unit located offshore Altamira, Mexico.
Canadian Teamsters Hold Second Vote on Railway Strike
2024-06-25 - The union approved for the strike to start May 21, but faced a delay due to a government safety review.
FERC Approves Venture Global’s Calcasieu Pass 2 LNG Project
2024-06-27 - Venture Global’s Calcasieu Pass 2 was delayed due to changes at the overall site and within U.S. environmental law. The project remains subject to the LNG export pause initiated by the Biden administration.