Opinion: Crushing the US energy export dream
Green Car Congress
JANUARY 22, 2015
'by Arthur E. Berman for Oilprice.com. Exporting crude oil and natural gas from the United States are among the dumbest energy ideas of all time. Exporting gas is dumb. Exporting oil is dumber. The US imports almost half of the crude oil that we use. We import 7.5 million barrels per day. The chart below shows the EIA prediction that production will slowly fall and imports will rise (AEO 2014) after 2016.
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