Energy independence is the wrong goal.
Oil, like all other goods, flows toward the highest bidder. Consequently, talking about "independence" in a global economy ruled by market forces is a contradiction.
As national policy, we must protect the U.S. economy from interruptions in the supply of such a critical commodity -- whether those interruptions are related to natural or political causes. I believe that the appropriate aim is to strengthen our energy resilience to adjust to such changes.
We can do this by increasing our reliance on electricity.
Electricity can be transported only over land. Consequently, it will stay in (or stick to) the continent where it is produced.… Seguir leyendo »