via theweek.com
The oil industry and environmentalists are nervously awaiting a decision from President Obama on whether he'll allow construction of the controversial, 1,700-mile Keystone XL pipeline. Snaking through the Midwest, the pipeline would carry Canadian oil-sands crude to Texas refineries. The project comes as many new technologies have already helped revive declining domestic oil fields, reducing imports from a record 60 percent of U.S. consumption in 2005 to about 47 percent now. Many people once considered energy independence to be an unrealistic dream. Is it now reasonable to think that the U.S. could wean itself off of oil from the volatile Middle East?
No comments:
Post a Comment