I just read an article in Forbes that noted the U.S. should be able to fill all of it’s energy needs from North American sources by 2020. This would be accomplished largely by exploiting the new technologies for recovering oil and gas from shale deposits, a number of which are found in Texas. Here is the money quote:
Many people scoffed when first Citigroup and then the US Energy Information Administration issued reports last year projecting that the US could become completely independent of imports from outside of North America by 2020. Today, few informed people scoff at that prospect.
God bless Texas! (and North Dakota, and Pennsylvania, and New York…)
CLICK HERE to read the full story at Forbes.com.