Meghan O’Sullivan, former deputy national security advisor on Iraq and Afghanistan under President George W. Bush, says a shift toward nationalism or de-globalization will affect global oil markets.
In this interview with Hart Energy’s Jessica Morales and Len Vermillion, O’Sullivan, who currently serves as the Jeane Kirkpatrick Professor of the Practice of International Affairs and a board member of the Belfer Center for Science and International Affairs at the Harvard Kennedy School, also discusses what we might expect for the U.S. shale market in the wake of the oil price crash and COVID-19 pandemic. Additionally, she touches on what to expect from the upcoming election and whether an administration change could have a significant effect on U.S. oil and gas.
Jump to a topic:
- Global oil's unprecedented moment (0:50)
- Shift toward nationalism (2:20)
- Venezuela's challenge (5:07)
- Iran and Middle East stability (8:44)
- Nigeria and Mexico (11:01)
- U.S. production and policy (13:10)
- Effects of a potential administration change (15:59)
The oil and gas rig count rose seven to 439 in the week to April 16, Baker Hughes Co. said in its weekly report.
Production starts at a Shell-operated venture in the Gulf of Mexico, a horizontal Woodford Shale completion in Pecos County, Texas, plus Crestone Peak Niobrara wells in Colorado’s Arapahoe County top this week’s oil and gas drilling activity highlights from around the world.
Trafigura and Puma Energy said in a joint statement on April 16 that Puma had also agreed to sell its Angolan business and assets to Sonangol for $600 million.