U.S. Seen As Climate Risk With Two-Thirds Of New Oil And Gas

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Above Photo: Luke Sharrett/ Bloomberg

  • ‘Staggering’ forecast makes U.S. climate risk: Global Witness
  •  Surge would be 40 times new Russian output, 20 times Saudi

The U.S. will account for for almost two-thirds of the world’s new oil and natural gas output in the decade ahead, making it a critical obstacle to stopping climate pollution, a London-based advocacy group says.

Propelled by the shale boom, the U.S. will pump out the equivalent of 88.9 billion barrels of oil from new fields in the 2020s, Global Witness, an environmental and human rights group, said in a report Tuesday that cites data from industry consultant Rystad Energy.

The U.S. is set to generate 20 times more new oil and gas than Russia and 40 times that of Saudi Arabia, Global Witness said. Texas — home to the Permian and Eagle Ford shale basins — will surpass all countries for new output, with Pennsylvania, New Mexico, North Dakota and three other states also sharing the top ten of new production along with Canada, Brazil and Russia.

“The U.S. is doubling down on fossil fuels with a boom in oil and gas production that puts a safe climate at risk,” Murray Worthy, a senior campaigner with the group, said in an email statement. “The scale of new production forecast from the U.S. is staggering, no other country comes even close.”

  • irategrandmother

    I think part of the reason the U.S. is so hell-bent on producing oil is for the purpose of supplying its own military equipment and fixtures with oil and gas. The U.S. military complex is one of the largest consumers of oil and gas. It would be difficult to maintain that well-oiled machine with renewable energy. Every policy at the national level seems to hinge around maintaining the empire. It would be interesting to see the statistics that back this up.

  • chetdude

    This is bad, very, very bad.

    And who really benefits from digging up and burning all of this?