All Posts from May, 2012
Imports, exports and U.S. energy security
Posted: May 7, 2012 by Ken Cohen
We’re currently having an interesting discussion in the United States — one that few would have thought possible a decade ago. Americans are talking about the recent upswing in U.S. oil and natural gas production – and how it can benefit the U.S. economy and U.S. energy security. Technology developed by the industry has opened up vast energy resources across the country, from shale gas and tight oil to deepwater oil and gas. They’re also talking about what these new supplies mean for the United States when it comes to energy trade – what we import and what we export.