August 14, 2016

JUST RAISE GAS TAXES AND WE'RE THERE:

U.S. energy independence looks 'tantalizingly close' (Matt Egan, August 9, 2016, CNN Money)

[T]he shale oil and gas revolution of the last couple of decades has made the improbable goal of American energy independence close to reality. Analysts at Raymond James recently predicted the U.S. will be "tantalizingly close" by 2020, as long as oil prices and domestic production rebound.

"The U.S. will be a much smaller importer of oil in the future than anybody thought was possible a decade ago," said Jason Bordoff, a Columbia University professor and former energy policy adviser to President Obama.

Ironically, the historic oil boom that President Obama has presided over is what makes that dream achievable today.

Posted by at August 14, 2016 6:52 PM

  

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