ok...$7BN to support the expansion of resource development on the African continent, and a strong interest (reliance, even?) on Latin American energy sources…very interesting “The focus was really on diversification of energy supplies, new energy resources in the Americas, the way in which the global energy map is increasingly focused on the Americas, both in fossil and traditional fuels and in renewables, and new fuels, whether it’s shale oil or shale gas or other things. And so there was a lot of conversation about how to take advantage of this American moment, if you will, on energy throughout the hemisphere,” said Jacobsen. Zuniga stressed the geopolitical aspect of the visit, “…we see energy as a unifying theme in the Americas, that it’s clearly something that tends to bring countries together because in the Americas you see both vast opportunity and a lot of the continuing challenges. And so bringing those two together and linking them together, and thinking about not just the Americas but the impact of the development in the Americas in the global energy supply and on the global markets is critical.” Jacobsen noted that, “The Americas obviously produces more than half of U.S. oil imports, almost one-third of its natural gas, nearly 30 percent of global electricity. And so we look forward to the possibility that in two decades the United States will rely almost exclusively on hemispheric sources of energy. And I think that’s an incredibly important point in terms of shifting strategic partnerships, that all of the countries of the region are feeling that greater importance in some ways because of the global energy map.”
Posted on: Sun, 07 Jul 2013 07:11:33 +0000