Energy Independence: Would it Live Up to the Hype?
Energy independence is a lot like the extravagant Christmas present you wished for all year as a child. For Americans, it’s been the equivalent of a pony, or a Red Ryder BB gun – we hoped for it, we yearned for it, but we never completely believed we’d get it. Now that it’s potentially within reach, one of the key questions is: will it live up to the hype?
The International Energy Agency, in its closely watched World Energy Outlook report last week, said the United States could become the world’s No. 1 producer of oil and natural gas by 2020, and might be “almost self-sufficient in energy, in net terms,” by 2035. That’s not