Bypassing Hormuz: how technology, not territory, will win the new energy war [Fortune]
Exxon Mobil Corporation (XOM)
Last exxon mobil corporation earnings: 5/1 07:34 am
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Source: Fortune
Part one, about understanding the problem, is here Recommended Video While diplomats talk about what to do with the key oil chokepoint of the Strait of Hormuz closed, the actual battle for low-cost and robust energy will be won through the integration of physics, subsurface engineering, and advanced computation. The era where owning the geography meant owning the power is over. We are entering the age of “decentralized techno-resource sovereignty.” The nations that survive will be those that own the technology to extract and move energy with extreme efficiency; thereby, replacing massive, vulnerable, and centralized global hubs with resilient, decentralized domestic resources. Here's what needs to happen—and change. 1. The Move to Subsurface Sovereignty: A Global Mandate for Resilience Large centralized surface infrastructure is now a catastrophic liability. A single drone strike or cyber-physical breach can paralyze an above-ground export hub, instantly stranding billions
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