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November 12, 2012

International Energy Agency: United States heading towards oil self-sufficiency

  • now the United States imports roughly 20 percent of its energy needs. It is currently the world’s third-largest oil producer.
  • 2020 the United States is expected to become the world’s largest oil producer, according to the International Energy Agency’s recent report.
  • 2030 the United States will export more energy than it uses domestically, according to this incredibly bullish report.
  • 2035 the United States will become nearly 100 percent self-sufficient on the oil-usage front, which sounds like the IEA is just making stuff up. source
22:17 // 1 year ago