June 04, 2014
Finding a Big Data "Safe Space" for the Energy Sector
The oil industry was one of the original "smart" industries, but its tradition of leadership in using data to improve operations, enhance security and serve markets has been diminished over time by the counterintuitive incentives imposed by regulators.
As the sector transforms in response to a supply-side revolution and prepares to engage with global markets more directly through exports, the industry should be freed to build the next generation of infrastructure with efficient markets, security and consumer needs in mind.
One of the satisfying things about working in the oil business is how real it is: an actual physical substance is extracted, chemically upgraded and put to use every day in the real world by real people. That means it can be easy to forget how much the oil sector has relied on data collection and analysis to drive efficiencies that have served consumers well, and how a change in methods of collection and analysis can alter the way efficiencies are identified, implemented and achieved.
More from CNAS
-
Podcast
Energy, Economics & Security / Technology & National Security
Export Controls: Janet Egan, Sam Levy, and Peter Harrell on the White House's Semiconductor DecisionJanet Egan, a senior fellow with the Technology and National Security Program at the Center for a New American Security, discussed the Trump administration’s recent decision t...
By Janet Egan
-
Commentary
Indo-Pacific Security / Energy, Economics & Security
Can India Survive the Trade War?India has little choice but to try to soothe simmering trade tensions with the U.S. without abandoning its redlines, while carefully managing the implications of increased coo...
By Eleanor Hume & Kyle Rutter
-
Bloomberg Scoop: Trump’s Team Said to Be Exploring Stake in Intel
Video
Geoffrey Gertz of the Center for a New American Security joins to discuss his takeaways as the administration demonstrates willingness to intervene in the economy much more di...
By Geoffrey Gertz
-
Commentary
Energy, Economics & Security / Technology & National Security
Scrapping AI Export Controls Is Self-DefeatingBeijing surely has two goals in mind: Signal to domestic companies that they ought to shun American technology as soon as possible, and manipulate Nvidia to reveal how it desi...
By Liza Tobin & Matt Pottinger
