March 6, 2012

The Petrostates of America

Steve Kopits, Foreign Policy


americanprogress.com

The United States now faces a daunting challenge: The world's crude oil supply has been flat for years, even as emerging economies demand ever greater quantities. To prosper in this environment, the United States will have to make progress in using fuel more efficiently faster than emerging economies can bid away the oil supply. All of which raises the question: Can we live without oil? . .

Read Full Article ››

TAGGED: Oil, Gas Prices, Oil Prices, U.S. Energy Policy, Foreign Policy

RECOMMENDED ARTICLES

October 17, 2013
Oil Prices Would Skyrocket w/out U.S. Shale
James Clad, The Hill
Unheralded and unnoticed, American oil producers are helping stabilize global oil prices, which would be a lot higher if new U.S. oil supply, mostly from shale, weren’t reaching world markets. . . more ››
October 15, 2013
Will Gas Prices End the Year Below $3 per Gallon?
Jeff Macke, Yahoo
According to David Lutz of Stifel, Nicolaus & Company, consumers are going to get a big boost to their wallets before the end of the year — and the source could surprise you. According to Lutz, the Environmental... more ››
October 16, 2013
Your Early Christmas Present: Low Gas Prices
Matt Smith, Energy Burrito
Let’s end at the beginning: retail gasoline prices are going to continue to head lower, and this post simply presents the case as to why, through some simple visuals. But before we do that, here are some reasons as... more ››
October 17, 2013
From Peak Oil to Fossil Fuel Euphoria
Michael Klare, OilPrice.com
For years, energy analysts had been anticipating an imminent decline in global oil supplies. Suddenly, they’re singing a new song: Fossil fuels growing scarce? Don’t even think about it! The news couldn’t be better:... more ››
The United States may soon claim the throne as the world’s top crude and gas producer, but America’s dependence on oil leaves the nation at risk, according to a global energy security assessment issued Monday. . . more ››