{"id":6567,"date":"2015-03-17T07:48:13","date_gmt":"2015-03-17T12:48:13","guid":{"rendered":"http:\/\/olduvai.ca\/?p=6567"},"modified":"2015-03-17T07:48:13","modified_gmt":"2015-03-17T12:48:13","slug":"the-latest-threats-to-global-energy-security","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=6567","title":{"rendered":"The Latest Threats To Global Energy Security"},"content":{"rendered":"<h3><a href=\"http:\/\/oilprice.com\/Energy\/Energy-General\/The-Latest-Threats-To-Global-Energy-Security.html\" target=\"_blank\">The Latest Threats To Global Energy Security<\/a><\/h3>\n<p>The vast global network of energy infrastructure is, for all intents and purposes, a living, breathing organism. And like other organisms, it\u2019s full of vulnerabilities. Across all sectors and at every point in the supply chain, physical \u2013 and of course cyber \u2013 weaknesses pose serious threats to the functionality and reliability of vital energy systems.<\/p>\n<p>Just how vulnerable is the global energy system? It\u2019s a difficult question to answer. Weather-related outages in the US alone are\u00a0<a href=\"http:\/\/www.whitehouse.gov\/sites\/default\/files\/docs\/grid_resiliency_report_final.pdf\">estimated<\/a>\u00a0to cost between $18 billion and $33 billion annually. Direct theft of oil and gas is harder to quantify \u2013 in Nigeria it\u2019s a $1.5 billion a month\u00a0<a href=\"http:\/\/www.theguardian.com\/global-development\/2013\/oct\/06\/oil-theft-costs-nigeria\">business<\/a>; and in Mexico millions of barrels\u00a0<a href=\"http:\/\/www.economist.com\/node\/21559962\">disappear\u00a0<\/a>every year. What we can do is identify some pressure points moving forward. Broadly, they can be divided into three categories: production, transportation, and distribution. In the interest of time, climate preparedness \u2013 a worthy category on its own \u2013 will be largely left for discussion another day.<\/p>\n<p>Security of supply is the defining principle behind each of these categories, but perhaps more so the first two. How secure is our global supply from a production and transportation standpoint? Generally speaking, quite secure, but the grey area is large enough and sufficiently unpredictable to warrant a closer look.<\/p>\n<p>Let\u2019s begin with some of the more tangible issues facing energy transportation before turning our attention to production. Practically speaking, no method is perfect, and most present more than a handful of issues.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Latest Threats To Global Energy Security The vast global network of energy infrastructure is, for all intents and purposes, a living, breathing organism. And like other organisms, it\u2019s full of vulnerabilities. Across all sectors and at every point in the supply chain, physical \u2013 and of course cyber \u2013 weaknesses pose serious threats to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[263,1475,1946,4223,827],"class_list":["post-6567","post","type-post","status-publish","format-standard","hentry","category-energy-2","tag-energy","tag-energy-infrastructure","tag-energy-security","tag-energy-systems","tag-united-states"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/6567","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6567"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/6567\/revisions"}],"predecessor-version":[{"id":6568,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/6567\/revisions\/6568"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6567"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6567"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6567"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}