Deputy Assistant Secretary for Energy Diplomacy Amos J Hochstein leaves after meeting with Minister Gebran Bassil in Beirut, Wednesday, July 17, 2013. (The Daily Star/Mohammad Azakir)
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Signs of hope are scarce in the Middle East, a region awash in violence, civilians fleeing crumbling states and economies built largely on oil squeezed by a dive in global prices. But Amos Hochstein, the U.S. energy envoy, sees some long-term potential for natural gas development to provide economic security from Iraq to the Mediterranean.Hochstein, the State Department's special envoy for international energy affairs, said late last week.Despite the domestic drilling boom that has made the United States one of the world's top oil producers, the country will remain engaged in the Middle East, Hochstein said.Even if the U.S. was able to produce enough oil to reduce its imports to zero, domestic oil prices would always fluctuate with the global crude price.
FOLLOW THIS ARTICLE