Friday, June 27, 2014

Our Energy Shortage Myth

 
                       
The U.S. imports about 20% of the world’s oil supply. That’s lots of dollars lost that hurts our international economy as well as foreign relations.
                       
Yet, we have enough oil and other at-hand energy in the country for our own needs, and for export, were we to politically decide to develop them.
                       
Take natural gas as just one example as a source of energy that has little environmental downside. We have enough in America to last at least 250 years. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at twitter)

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