Monday, March 18, 2013

US soon to be energy self-sufficient

"U.S. oil and gas production is growing so rapidly - and demand dropping so quickly - that in just five years the U.S. may no longer need to import oil from any source but Canada, according to Citigroup. And the International Energy Agency projects the U.S. could leapfrog Saudi Arabia and Russia to become the world’s biggest oil producer by 2020. IEA sees the U.S. becoming a net oil exporter by 2030."

Here in South Dakota we get 22% of our electricity from the wind.  Things are changing rapidly. Cars are getting more energy efficient, so less fuel is needed.  This will change our foreign relations as well.

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