Report: U.S. Energy Independence 10 Years Away

Posted October 24, 2014 at 5:15am

Natural Gas Intel reports that “the road to energy independence has two lanes: produce more and consume less. Thanks to growing output from shale plays and increasing energy efficiency, the United States is driving in both lanes and is estimated to reach energy independence by 2025, according to consultancy Wood Mackenzie.”  

“When the country does reach energy independence, it will be the first time since 1952 that the United States exports more energy than it imports, according to the firm’s analysts.”