Some sobering insights from Micheal Levi on world oil and gas markets and politics

In the plane, on my way back from holidays in Georgia, I read an interesting interview with Michael Levi (David M. Rubinstein Senior Fellow for Energy and the Environment and Director of the Maurice R. Greenberg Center for Geoeconomic Studies at the Council on Foreign Relations, a US think tank). For insights on the potential for US LNG to affect European productivity (main effect) and energy security (limited) in the face of severing Russian relations, beneficiaries of Iraqi oil production (in the end everyone), the new US' EPA carbon emission regulations for powerplants (the next best thing after the lack of comprehensive national regulation), and China (in frontier, i.e politically risky, countries, but not yet at the frontier of extraction and production technology), see the original at Oilprice.com. I read a republished version of the weekly GeorgiaToday.