Permian Country: Evolution and Impact of Oil and Gas
HTML-код
- Опубликовано: 1 авг 2024
- Stretching across West Texas and southeast New Mexico, the Permian Basin is now the largest oil-producing field in the world. With daily production of more than 4 million barrels of oil and 14 billion cubic feet of natural gas, it is a major factor in the U.S. transition to become a net oil and gas exporter and in the transformation of the state of the global oil market.
Although the basin is in a part of the country with a long history of oil and gas production, the pace and scale associated with its growth has had major impacts and presents many challenges. Moreover, during the short time scale that the industry has been producing this type of unconventional resource, accurately forecasting its rate of growth has proved problematic. However, if the average of the current range of estimates proves to be correct, the region will continue to see significant increases in production in the coming years.
This conference, part of the CSIS Energy & National Security Program’s Energy in America project, will explore the evolution and impact of oil and gas development in the Permian Basin, and the opportunities and challenges, both economic and environmental, that lie ahead.
This event is made possible by general funding to CSIS and the CSIS Energy & National Security Program.
---------------------------------------------------------------------
Subscribe to our channel: cs.is/2dCfTve
CSIS is the world's #1 defense and national security think tank. Visit www.csis.org to find more of our work as we bring bipartisan solutions to the world's greatest challenges.
Check out the rest of our videos here: cs.is/2dolqpj
Follow CSIS on Twitter: / csis
On Facebook: / csis.org
And on Instagram: / csis
Best civilization ever built on carbon mining.
What type of negotiations did the U.S. make with OPEC or mainly Saudi Arabia In sharing the market? I'm sure Venezuela's oil reserves would bankrupt American competitors if allowed to enter the world market.
You're really sure hey?
Venezuela kicked out the oil companies and stole their facilities and infrastructure to pay for their socialism. As a result oil production dropped like a rock because the only thing socialists are good at is spending other people’s money.
Please try to slow down diction ,because the interested might wish to follow the technical details in order do better understand ?
Click the settings symbol at the bottom of the screen, then click a slower speed, like .5 .
@@SteffiReitsch LOL
I got trapped in the Permian 20 years ago and cannot wait to get out of this absolute hell hole. One of the most corrupt, nasty places I’ve ever been to.
uiuiuuiuii
@@rguerrere po
Nary a word on climate change and pollution...what self interested ghouls...
YA CRY :D
For real economic and geopolitical insight, I suggest Tom Loungo or The Duran, not this arrogant and idiotic collection of hypocrisy victims.
2022.... $5-6 per gallon of gas. WTF?
2022 war in Europe!? Yokel ass
Imagine not knowing the difference between Petroleum and Natural gas. Then calling someone names over it. Holy hell.
@@MardukTheSunGodInsideMe are you serious? Go read a book.
@@nightknight6947 Russian Petroleum Product Imports make up less than 1% of our Petroleum consumption. Gas going from $3.50 to $5+ is a 40% increase. How a price change on 1% of our gas caused a 40% increase is something Opec wants you to believe.
@@MardukTheSunGodInsideMe "Russian Petroleum Product Imports make up less than 1% of our Petroleum consumption. Gas going from $3.50 to $5+ is a 40% increase. How a price change on 1% of our gas caused a 40% increase is something Opec wants you to believe..." - Why did you delete this? Cause it was fdumb? Yeah it was pretty fn dumb, I'd have deleted it too.
Energy is a global commodity.
Fracked oil has huge up-front costs that make the per-barrel price be around $50. Short-term demand may make it slightly above this number but adoption of cleaner energy sources inall parts of the economy will likely drive the price of oil below this price in about a decade with no coming back.
Unfortunately, because of the huge up-front costs, permian basin oil will still be produced and sold at a loss until the wells are dry (20-40 years) even when it is no longer profitable to do so because some money>no money.
What a completely idiotic and short-sighted economic activity given the reality of man-made climate change.
But how do you drive your car this week ?
Still believe in the climate hoax? If there were such a thing as climate change, what percentage is man made?
@@Addicted2OILau renewable ethanol for the most part perhaps and how about [gasp] fuel efficient and electrified PUBLIC TRANSPORT!!!, And there are electric cars that can be charged by solar and renewables here now, what's your point? A lot more public transport would really help in the future too.
Asking people what they put in their cars is like asking what chloroflourocarbon they have in their fridge today...it's dinosaur thinking...
@@jimbob-robob You're right, but folks have been resistant to public transport, they want cars, unfortunately.
@@SteffiReitsch it's because public transportation doesnt work that well, I notice a trend with people who advocate for this is they ignore peoples time entirely, 2h travel time with bus or 20 minutes car ride which one would you pick? cheers from Sweden.
MAKE IT $25.00 A GALLON..
WHY ? SCHOOL BUSSES CANT BRING KIDS TO SCHOOL. FOOD TRUCKS CANT MOVE ECT ARE YOU A NUT?
The US cavalry arrives just in the nick of time to save the free world again.
Plpppppppppppppppppp
Pppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppp
Yh yh don’t trust this bloke!
.it's really hard to listen to this very aggressive moderater. Are all women like this???
Turbo karens
BS
TOTAL BS