Points For Consideration
It would truly be a landmark accomplishment — frequently known as “energy independence” by economists, would signify that the U.S. is exporting more energy resources (such as crude petroleum) than it imports. This also assumes that we have all the energy we can make in order to power the U.S.
The Energy Information Administration (EIA) report assesses a variety of factors which may impact the U.S. energy sector including the speed of technological advancement, the amount of economic growth and oil and gasoline rates. Sometimes, like rapid technologies development, net exports could grow dramatically. In other scenarios, like low oil costs, net imports could enlarge.
- What do you think? .. Could the U.S. become a net energy exporter?
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