National Petroleum Council study highlights ‘hard truths’

Accumulating risks to the supply of reliable and affordable energy require an integrated national strategy, says a report from the National Petroleum Council (NPC).

“Over the next 25 years, the United States and the world face hard truths about the global energy future,” that will require “all economic, environmentally responsible energy sources to assure adequate, reliable supply,” NPC advises in a 422-page report.

The 18- month study of global energy to 2030 involves more than 350 experts from diverse backgrounds and organizations—the majority from outside the oil and gas industry.

“‘Facing the Hard Truths about Energy: A Comprehensive View to 2030 of Global Oil and Natural Gas’ is different from other studies,” said Energy Secretary Samuel W. Bodman, who requested the NPC to conduct this global study, when receiving the report today. “Your input is a valuable part of our long-term strategic planning as we try to ensure America’s current and future energy security and economic prosperity while meeting the challenges a growing world economy poses for the world’s energy security.

To download a free copy of “Facing the Hard Truths about Energy: A Comprehensive View to 2030 of Flobal Oil and Natural Gas,” here.

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