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Op-ED on the article: Move Over, OPECHere We Come - Essay Example

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The author Ed Morse having had experience in both the government (former State Department Official) and the corporate world (presently holding high office in…
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Op-ED on the article: Move Over, OPECHere We Come
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Download file to see previous pages lient observations about the rising prowess of North America in the energy market, as the U.S., Canada and Mexico have ushered in a phase of increased extraction of energy resources. Key energy resources discussed by Mr. Morse are crude oil and natural gas, where new discoveries in off-shore and wilderness areas of the North American landscape throw open new opportunities for self-sufficiency for the highly energy dependent economies of this region. For example, the author notes
“The economic consequences of this supply-and-demand revolution are potentially extraordinary. We estimate that the cumulative impact of new production and reduced consumption could increase real U.S. gross domestic product (GDP) by 2%-3.3%, or by $370 billion-$624 billion, by 2020.” (Morse, 2012)
Hence there is no doubt that the article is well researched and factually accurate. But where criticism could be made is with regards to its narrow and jingoistic slant. In other words, it hardly shows concern for the environmental impact of fossil fuel usage as well as the broader geo-political tensions this trend could create. For example, Mr. Morse talks about the fortunes and prospects of North American market players without even a cursory mention of the dire environmental consequences fossil fuel usage could lead to. The copious literature on global warming and climate change raise caution and alarm on the catastrophic ecological impact of continued fossil fuel usage. In this context, the allusion made by Mr. Morse to bad domestic politics is highly insensitive to the concerns of broader humanity. For example, he writes
“The only thing that can stop this is politics—environmentalists getting the upper hand over supply in the U.S., for instance; or First Nations impeding pipeline expansion in Canada; or Mexican production continuing to trip over the Mexican Constitution, impeding foreign investment or technology transfers—in North America itself.” (Morse, 2012)
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