To Have and Have Not: Energy security vs energy independence in a world awash in cheap oil

So here’s the flow of liquid natural gas, and you’ll see that a great amount of it flows through the South China Sea. And this is a hot spot. Hopefully you are beginning to connect the events of 1941 with some of the events of today — starting to see this as an area of real opportunity and abundant renewable resources, if we get it right, but if we get it wrong, it become a region of abundant risk. Just risk, doesn’t mean it’s bad, it’s risky.

But we like to reduce risk, don’t we?