Friday, January 8, 2016

The Imaginary Energy Shortage

                  
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 our foreign relations.
                       
Yet, we have enough oil and other 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, until we discover really viable alternative sources. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at twitter)

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