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Intelligence Matters

The Link Between Energy and National Security: Expert Frank Verrastro

Intelligence Matters

CBS News

(154991), News, Cbs, Politics, Government

4.63.3K Ratings

🗓️ 21 July 2021

⏱️ 41 minutes

🧾️ Download transcript

Summary

In this episode of Intelligence Matters, host Michael Morell speaks with Frank Verrastro, senior advisor on energy issues at the Center for Strategic and International Studies. Verrastro offers insights into how shifts in energy supplies and consumption affect national security, and how the trend toward decarbonization may affect dynamics and diplomacy among key global powers. Verrastro and Morell discuss ongoing deliberations with Iran and involving the Nord Stream 2 pipeline, as well as the Biden administration’s push to modernize American energy infrastructure. 

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Transcript

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0:00.0

This is Intelligence Matters, with former acting director of the CIA, Michael Morrell.

0:06.6

Brought to you by Lockheed Martin.

0:08.6

Your mission is ours.

0:12.6

Do you buy into this argument that the Middle East is now less important to the United States

0:18.1

because we are net oil exporters?

0:20.7

So I think from an energy perspective, that is true.

0:24.9

I think as we look in the future and see the competition with China, the Middle East

0:31.3

strikes me as playing a more important role.

0:36.4

I worry sometimes that we're getting into a position where we're creating an axis of enemies.

0:42.9

So we'll sanction Russia or China or Iran or Syria.

0:47.6

And if the Middle East falls out of favor, they are likely to partner up.

0:53.3

And if the United States retrenches and pulls back from some of these areas, we create a vacuum.

0:58.5

And so what we think is good policy now, because it's not in our national security or economic

1:03.6

interest, made down the road, come back to Bydusubit.

1:11.5

Frank Verastro, for the last 20 years, has served in various senior roles at the Center for

1:17.2

Strategic and International Studies, all related to energy and national security.

1:21.6

His government service has included positions in the White House and at the departments of

1:26.4

Interior and Energy. In the private sector, he has worked for some of the largest oil and

1:31.5

oil related companies. He has written extensively on energy policy, oil and gas markets,

1:37.5

and security topics. We just sat down with Frank to talk about all things energy.

1:42.7

We'll be right back with that discussion after a word from our sponsor,

1:46.4

I'm Micah Morrell, and this is Intelligence Matters.

...

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