US wants energy dominance regardless of what happens to oil prices, deputy energy secretary says
cnbc | September 09, 2019
The U.S. deputy energy secretary told CNBC Monday that America wants to achieve energy dominance regardless of what happens to oil prices. OPEC has struggled to shore up crude futures this year, amid a deteriorating outlook for global growth and a protracted trade dispute between the U.S. and China. It has once again raised questions about whether the Middle East-dominated group really wields that much influence over world crude markets. “Our energy policy is not designed to affect price, that’s not we do for a living. And yet it does because of our production numbers,” Dan Brouillette told CNBC’s Hadley Gamble at the World Energy Congress in Abu Dhabi. “The president has an ‘all of the above’ strategy. He talks often about energy dominance and the world often asks: what does that mean? It just simply means that we are going to produce as much energy as we can, as cleanly as we can and as affordably as we can.”