State Department Takes A Closer Look at Energy

The Wall Street Journal is reporting that a new bureau at the State Department has been created that will focus exclusively on energy and energy-related topics.

The new Bureau of Energy Resources, which opens shop Wednesday, is designed to help shore up stable supplies of affordable energy for the U.S. and avoid crippling effects of supply shocks and disruptions.

Carlos Pascual,  a former U.S. ambassador to Ukraine and Mexico, will head the new bureau. Pascual said the office’s main goal is to manage the “geopolitics of the energy world.”

Making the most of America’s ever increasing supply of shale gas will be a top priority of the Bureau of Energy Resources.

A key focus for the new bureau will be the revolution in natural-gas markets brought about by the advent of shale gas in the U.S. and overseas. The shift has allowed the U.S. to greatly boost production of natural gas, and other countries, including China, are following suit.

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