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20090604
20171121
DATE
2015 4
LANGUAGE
Search Results 0 to 3 of about 4 (some duplicates have been removed)
CSPAN
Dec 10, 2015 10:36pm EST
the u.s. , growing company's like china have an enormous energy need. they will continue to look for resources for those energy needs to be met. where there iset robust supply, it would take a significant reduction -- disruption, maybe around 5% or 10% to really disrupt the market. today's global production is approximately 94 million barrels per day. the isis oil production is about 35,000. 110 -- somewhere between less than 1/10 of 1%. it is clear though that this is a constantly shifting dynamic. in a tight market, a very, very small amount of disruption can have a very, very significant impact. i think today's discussion on where and when we might anticipate disruptions, and what to do about them. as i predict, we will probably talk a lot about actually following the money of where the oil revenue is going as a way to fight isis. and yesterday's armed services committee hearing, asked carter laid out the administration oiltegy integrating isis's structure he said quote because it improved isis operations, we have intensified the air campaign against their oil enterprise. a critic
Search Results 0 to 3 of about 4 (some duplicates have been removed)