World ‘awash’ in oil As Perry sees shale boom barreling ahead


Sunday, October 27, 2019 1:34 AM CDT


US energy minister Rick Perry told Bloomberg TV interviews that the global market is "minimal" due to a surge in US oil production.

Perry reported last week that in Dubai, US shale production "turned the head" around the world and Bonanza faded in last week's report.

The oil and natural gas of the US shale field has made the United States one of the world's largest producers, becoming a pure energy exporter. Perry will travel to Saudi Arabia next week to discuss the possibility of selling US liquefied natural gas and Saudi's efforts to develop a nuclear program. The ferry held talks in the United Arab Emirates and visited the country's largest solar power facility, located near the Dubai commercial center in the United States.


The United States sent 11 LNG cargoes to the United States. Perry said it plans to sell more fuel to Saudi Arabia over the last three years.

relation : What Rick Perry did in Ukraine

The world economy should be prepared for attacks that disrupt the world economy, and the United States, Saudi Arabia and other allies are discussing the safety of the oil supply channel, he said. The aerial strike on the Saudi oil facility on September 14 temporarily cut half of Britain's production, and the United States is currently working hard enough to help Saudi Arabia in preparing for such an attack, Perry said.

Washington won't forever resent Saudi Arabia for the murder of government critic and US columnist Zamal Khashoggi in October, but Congress's “mass forgiveness” of being killed at the Saudi consulate in Istanbul Perry said.

The energy minister asked US President Donald Trump to try to sell US LNG to Ukraine. He said the access to Ukraine is important to breaking the country's dependence on energy sales and Russian gas.

The United States is showing "progress" in the Middle East's foreign policy, and efforts to impeach Trump in the next US presidential election will not be a problem and will disappear after six months, Perry said.

relation : Rick Perry resigns as Minister of Energy

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