Infographic: Can U.S. be Energy Independent?
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The United States is experiencing an oil and natural gas boom, one that has created thousands of jobs and at the same time provided a much needed boost to the national economy. With this new optimism, is US energy independence finally within reach?
The United States has for decades been a voracious energy consumer, but the last time the nation was truly energy independent was in 1952. However, during his 2012 State of the Union address, President Barack Obama announced that the US relied on less foreign oil that it has in any of the last 16 years.
The United States is experiencing an oil and natural gas boom, one that has created thousands of jobs and at the same time provided a much needed boost to the national economy. With this new optimism, is US energy independence finally within reach?
The United States has for decades been a voracious energy consumer, but the last time the nation was truly energy independent was in 1952. However, during his 2012 State of the Union address, President Barack Obama announced that the US relied on less foreign oil that it has in any of the last 16 years.
In fact, the US became a net energy exporter of late last year, and analysts say that trend is like to stay for the years to come.
via Eagle Ford
