Tag: energy independence

Dream of US oil independence slams against shale costs

The path toward U.S. energy independence, made possible by a boom in shale oil, will be much harder than it seems.  More »

Exxon chief: US will be energy secure by 2020 (video)

The United States will be energy secure by the end of the decade, Exxon Mobil CEO Rex Tillerson told CNBC Thursday.  More »

Leaders debate US energy security 40 years after oil embargo

Some of the biggest names in energy and international relations are sharing their views on the state of U.S. energy security at a national summit in Washington D.C. Wednesday, marking 40 years since the OPEC oil embargo ushered in a global fuel crisis.  More »

Military and business leaders urge US to end oil’s fuel monopoly

In a report issued Tuesday, former U.S. military leaders, cabinet secretaries and business leaders recommend ways the United States can pare America’s vulnerability to oil price hikes, by giving alternatives a chance to compete with gasoline and ending “oil’s virtual monopoly as a transportation fuel.”  More »

Report: US oil growth having limited effect on energy security

The United States may soon claim the throne as the world’s top crude and gas producer, but America’s dependence on oil leaves the nation at risk, according to a global energy security assessment issued Monday.  More »

Energy independence by 2020 won’t mean isolationism

North America will become energy independent by 2020 because of booming oil and gas production, which will have consequences worldwide, according to an analysis from Wood Mackenzie.  More »

Chevron to promote shale drilling in Europe

Chevron Corp. (CVX) is betting it can win over eastern Europeans with the idea of energy independence even after dry wells and government delays led Exxon Mobil Corp. and Talisman Energy Inc. (TLM) to scrap efforts to tap natural gas deposits in Polish shale.  More »

Fracking pushes U.S. oil output to highest since 1992

U.S. oil production jumped last week to the highest level since January 1992, cutting consumption of foreign fuel and putting the U.S. closer to energy independence.  More »

Energy security, not independence, should be nation’s shale endgame

The newfound energy prosperity unleashed by shale discoveries should be used for energy security rather than energy independence, according to a report released by Deloitte on Tuesday afternoon.  More »

Is U.S. energy independence realistic?

Some say it’s not realistic to suggest that the United States will stop importing oil entirely, because of the nation’s dependence on the broader global economy.  More »

Byproduct of a boom: gas flares visible from space

The NASA images are a reminder that at a time when the U.S. strives for to reduce dependence on foreign oil, it’s literally burning up the very fuel that may power the path to independence.  More »

A compelling personal story and a push for energy independence

Harold Hamm, CEO of Continental Resources, the largest producer in the Bakken shale, has taken on a new cause — promoting U.S. energy independence.  More »
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