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Saudi America: the dangerous fallacy of US energy independence

The Verge -- The year is 2020. The United States is on the cusp of a golden age, there's peace in the Middle East, and the Texas oil tycoon is suddenly back in the saddle.

For many, this was the takeaway from the International Energy Agency's World Energy Outlook, released last month. In its annual report, the Paris-based IEA predicted that the US will lead the world in both oil and natural gas production by the end of the decade, overtaking Saudi Arabia and Russia, respectively. By 2035, the report says, the US should be "all but self-sufficient" in meeting its energy needs.

The news sent shockwaves across some corners of the media, prompting the Wall Street Journal to run an enthusiastic editorial titled "Saudi America." Using the IEA's projections as a springboard, the paper boldly declared that t


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Submitted Dec 07, 2012 By: skb69sa
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Saudi America: the dangerous fallacy of US energy independence Back to Topics
REPLIES (newest first) Post a Reply
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honda0105
Champion Author Tallahassee

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Message Posted: Dec 9, 2012 5:57:17 AM

tomok: you can't drive crude, so more refineries ARE needed, just that the distillates should remain domestically.
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tomok
Champion Author Portland

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Message Posted: Dec 8, 2012 1:14:54 AM

Saudi America: the dangerous fallacy of US energy independence. Saudi America?
US energy independence will be short lived, there are not enough oil deposits in the US to keep up massive oil produciton for very long.
Anyway, Big Oil and Big Gas exports fuel and natural gas to other countries that will pay more for it, much more than here. There will be NO price reduction or cheaper prices for fuel or natural gas IN the US, so it does NOT matter how much crude oil or natural gas is produced.
The US ‘oil and natural gas resources’ belong to the citizens of this country and are to be used by those same citizens! Speculators, manipulators and the banks continue to unfairly and unjustly make the driving public pay higher prices at the pump for their personal greedy benefit.
The price at the pump needs to go down to $2/gallon, *$3, *$3.50/gallon or *$4.00 is Not the new low!
More refineries is Not the answer, keep the exported fuel and natural gas here.
Whatever the size or shape of the vehicle, vehicle manufactures Produce and the population ‘Drives’ vehicles with high MPG, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money.
The price of fuel at the pump is too high!
XII/XXII/MMXII!
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bston
Champion Author Oklahoma City

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Message Posted: Dec 7, 2012 10:39:39 PM

No thank you.
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crreed1
Champion Author West Virginia

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Message Posted: Dec 7, 2012 10:21:54 PM

old news
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TheSnowstorm
Champion Author Montreal

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Message Posted: Dec 7, 2012 10:19:41 PM

An interesting article, but there are simply too many variables that can easily derail any of the predictions along the time-line(s) presented.
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snky2k
Champion Author Indianapolis

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Message Posted: Dec 7, 2012 10:11:27 PM

Read this yesterday too.
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GGAlbo
Champion Author Detroit

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Message Posted: Dec 7, 2012 10:10:06 PM

I would like to see that!!!
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Matt G
Champion Author Boston

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Message Posted: Dec 7, 2012 10:07:34 PM

About time
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Matt G
Champion Author Boston

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Message Posted: Dec 7, 2012 10:07:07 PM

Good forus
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jrschl
Champion Author Louisville

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Message Posted: Dec 7, 2012 10:06:57 PM

I do not believe we are that close.
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WIWalt
Champion Author Wisconsin

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Message Posted: Dec 7, 2012 10:06:53 PM

Never happen with the anti-American in the White House
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rjoeh
Champion Author Michigan

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Message Posted: Dec 7, 2012 10:06:42 PM

Excessive use of rose colored glasses with Obama at the helm.
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judgemobile
Champion Author Ohio

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Message Posted: Dec 7, 2012 10:06:34 PM

what is dangerous about something good for the country ?
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unicornpmb
Champion Author Buffalo

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Message Posted: Dec 7, 2012 10:06:20 PM

Right.
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BlewettCA
Veteran Author California

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Message Posted: Dec 7, 2012 10:05:17 PM

ok
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Ahking
Champion Author Orange County

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Message Posted: Dec 7, 2012 10:05:04 PM

don't lose sight on building the alternate energy infrastructure in America.
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cheaper0ON
Champion Author Ontario

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Message Posted: Dec 7, 2012 10:03:11 PM

Interesting.
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clermont40miles
Champion Author Cincinnati

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Message Posted: Dec 7, 2012 10:00:03 PM

Produce.
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BCM1
Champion Author Pennsylvania

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Message Posted: Dec 7, 2012 9:59:58 PM

government regs will never let us be independent.
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PoohMcGoo
Champion Author Alabama

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Message Posted: Dec 7, 2012 9:59:30 PM

Maybe when we get another president.
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gasmack
Champion Author Ventura

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Message Posted: Dec 7, 2012 9:56:00 PM

Disagree with TKDBlackBelt and pray wise heads will prevail in fiscal cliff and energy policy matters. AMEN.
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WIPACKERFAN
Champion Author Chicago

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Message Posted: Dec 7, 2012 9:54:11 PM

Quite a nice fictional story.
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BREW9
Champion Author Tampa

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Message Posted: Dec 7, 2012 9:54:00 PM

wow
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mstearno
Champion Author Dayton

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Message Posted: Dec 7, 2012 9:52:11 PM

moron wrote this one
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gd83goldwinger
Champion Author South Bend

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Message Posted: Dec 7, 2012 9:50:34 PM

I live with a cheaper cost.
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Dragnet
Champion Author Arizona

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Message Posted: Dec 7, 2012 9:50:26 PM

Saudi America? Is this America's new name? This story stays far away from China. Maybe we will be The United Chinese Muslim America.
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mcmonsta
Champion Author Honolulu

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Message Posted: Dec 7, 2012 9:49:33 PM

peace and cheap fuel...i can live with that
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1COR1533
Champion Author San Jose

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Message Posted: Dec 7, 2012 9:49:27 PM

dont trust those guys they hate the usa
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BBHybrid
Champion Author Pittsburgh

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Message Posted: Dec 7, 2012 9:49:14 PM

lies, we have the resources and know how, big oil wants the money
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goinwgas
Champion Author Oregon

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Message Posted: Dec 7, 2012 9:46:33 PM

and republican pigs can sprout wings and fly
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Prodaddy
Champion Author Houston

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Message Posted: Dec 7, 2012 9:45:52 PM

I agree with TKDBlackbelt
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TKDBlackBelt
Champion Author Dayton

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Message Posted: Dec 7, 2012 9:42:54 PM

Never happen with the anti-American in the White House destroying our energy production!
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The3rd
Champion Author Jacksonville

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Message Posted: Dec 7, 2012 9:39:05 PM

fiction
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Darwin00
Champion Author Mississippi

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Message Posted: Dec 7, 2012 9:38:53 PM

Interesting.
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pgerassi
Champion Author Milwaukee

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Message Posted: Dec 7, 2012 9:38:42 PM

Predictions are inherently unstable especially the further out one projects.
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WhiskersTheCat
Champion Author Austin

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Message Posted: Dec 7, 2012 9:37:20 PM

This article is nothing but leftist propaganda. What ever happened to this country's "Can Do" attitude? Now we get nothing but articles about how crummy America is.
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cssco
Champion Author Virginia

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Message Posted: Dec 7, 2012 9:34:40 PM

LolliPop, LolliPop.
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drz614
Champion Author Harrisburg

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Message Posted: Dec 7, 2012 9:27:08 PM

dont see this happening
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Doomsday64
All-Star Author Austin

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Message Posted: Dec 7, 2012 9:26:36 PM

Cant come soon enough
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DEG
Champion Author Las Vegas

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Message Posted: Dec 7, 2012 9:21:53 PM

Need to get rid of (or severely curtail) the tree-huggers at the EPA.
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pastorpaulcg
Champion Author Virginia

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Message Posted: Dec 7, 2012 9:14:39 PM

I don't see this happening due our environmental regulations
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granitestater
Champion Author New Hampshire

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Message Posted: Dec 7, 2012 9:08:36 PM

We will use what we find...
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nwsynthetics
Champion Author Oregon

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Message Posted: Dec 7, 2012 9:00:50 PM

Nothing wrong with that news, as long as the price stays low
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mrbee
Champion Author Little Rock

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Message Posted: Dec 7, 2012 8:56:28 PM

Keep on drilling.
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CharlieC08
Champion Author Colorado

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Message Posted: Dec 7, 2012 8:55:36 PM

Oil is still traded on the world market. The one with the money gets the oil.
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papakoca
All-Star Author Texas

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Message Posted: Dec 7, 2012 8:55:16 PM

And just last year, the harbinger of doom was "peak oil."
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Blue48
Champion Author Illinois

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Message Posted: Dec 7, 2012 8:54:31 PM

TIME WILL TELL!
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iamforiu
Champion Author Indiana

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Message Posted: Dec 7, 2012 8:52:38 PM

drill baby drill
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drewsworld
Sophomore Author Los Angeles

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Message Posted: Dec 7, 2012 8:44:41 PM

ok
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30mpg80
Champion Author Lexington

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Message Posted: Dec 7, 2012 8:43:53 PM

We will use it faster, until it runs out.
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