The Megawatt Hour- Energy Management – Energy Information

oil...As reported by Andy Coghlan in New Scientist article “American dream of oil independence on horizon”, a recent report from the International Energy Agency states that the US may achieve oil independence by… 2035. While it isn’t exactly around the corner, the fact that such a feat is in sight is remarkable.

The article states that the IEA expects the US to become a net exporter by 2030 and that “the US will overtake Saudi Arabia in the mid-2020s as the world’s largest oil producer.”