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Americans Gaining Energy Independence

Bloomberg -- The U.S. is the closest it has been in almost 20 years to achieving energy self-sufficiency, a goal the nation has been pursuing since the 1973 Arab oil embargo triggered a recession and led to lines at gasoline stations.

Domestic oil output is the highest in eight years. The U.S. is producing so much natural gas that, where the government warned four years ago of a critical need to boost imports, it now may approve an export terminal. Methanex Corp., the world’s biggest methanol maker, said it will dismantle a factory in Chile and reassemble it in Louisiana to take advantage of low natural gas prices. And higher mileage standards and federally mandated ethanol use, along with slow economic growth, have curbed demand.

The result: The U.S. has reversed a two-decade-long decline in energy

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Submitted Feb 07, 2012 By: BurntOrange

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chuckwthompson Champion Author Charlotte Posts:1,890 Points:217,535 Joined:Sep 2011	Message Posted: Feb 8, 2012 2:15:38 AM Ignore chuckwthompson Report Abuse More propaganda for Obama's campaign!
joekayak All-Star Author Massachusetts Posts:756 Points:409,390 Joined:May 2010	Message Posted: Feb 7, 2012 11:24:10 PM Ignore joekayak Report Abuse Finally some good news for american workers.
ExplorerWA Champion Author Washington Posts:2,252 Points:437,390 Joined:Feb 2011	Message Posted: Feb 7, 2012 10:32:42 PM Ignore ExplorerWA Report Abuse I don't believe we are perusing energy Independence very hard nor are we even close.
vjs3 All-Star Author Denver Posts:755 Points:291,510 Joined:Jun 2011	Message Posted: Feb 7, 2012 8:25:46 PM Ignore vjs3 Report Abuse Good news, now if only the prices would come down.
ktbaeohana Champion Author Las Vegas Posts:1,183 Points:264,170 Joined:Mar 2010	Message Posted: Feb 7, 2012 5:39:23 PM Ignore ktbaeohana Report Abuse Follow thru.
Van_Halen Champion Author Atlanta Posts:1,671 Points:333,320 Joined:Apr 2011	Message Posted: Feb 7, 2012 2:30:27 PM Ignore Van_Halen Report Abuse . We have been able to be Energy independent for years except for the DOE and EPA and Liberals standing in the way. We don't need to import a single drop of gasoline or oil!
UseLessGasFolks Champion Author Iowa Posts:3,646 Points:943,610 Joined:Jul 2007	Message Posted: Feb 7, 2012 1:47:14 PM Ignore UseLessGasFolks Report Abuse And still the idiots claim Obama is blocking all energy development. Or, another good one, they choose to ignore or dispute the data such as the recent unemployment data.
JamesCalvin Champion Author Lancaster Posts:1,270 Points:162,300 Joined:Nov 2011	Message Posted: Feb 7, 2012 12:54:10 PM Ignore JamesCalvin Report Abuse Can we do it efficiently? Let's hope so!
md11capt Champion Author Denver Posts:1,797 Points:388,445 Joined:Mar 2011	Message Posted: Feb 7, 2012 12:38:16 PM Ignore md11capt Report Abuse Good new. Now, bring the prices at the pump down.
Nicoalbum Champion Author Ottawa Posts:4,115 Points:829,630 Joined:Jan 2010	Message Posted: Feb 7, 2012 11:53:05 AM Ignore Nicoalbum Report Abuse Domestic output means draining strategic reserves.
rjojo40 Champion Author Las Vegas Posts:4,612 Points:725,710 Joined:Feb 2004	Message Posted: Feb 7, 2012 11:25:31 AM Ignore rjojo40 Report Abuse Good to hear A company outsourcing "to" the United States Of America.
db60 All-Star Author Indiana Posts:982 Points:211,255 Joined:Oct 2011	Message Posted: Feb 7, 2012 11:17:53 AM Ignore db60 Report Abuse Good post.
jimgraham Champion Author Akron Posts:8,504 Points:1,619,725 Joined:Oct 2007	Message Posted: Feb 7, 2012 11:16:17 AM Ignore jimgraham Report Abuse ""Bloomberg -- The U.S. is the closest it has been in almost 20 years to achieving energy self-sufficiency, a goal the nation has been pursuing since the 1973 Arab oil embargo triggered a recession and led to lines at gasoline stations."" We certainly HAVE NOT been pursuing that goal very hard or very well.
jrs4125 All-Star Author Indiana Posts:926 Points:231,645 Joined:Sep 2011	Message Posted: Feb 7, 2012 11:05:47 AM Ignore jrs4125 Report Abuse Good for the US, we still need to be thinking long term. Alternative energy must be part of our energy portfolio for the future.
albert2008 Champion Author Winnipeg Posts:5,554 Points:1,126,010 Joined:Sep 2008	Message Posted: Feb 7, 2012 10:35:18 AM Ignore albert2008 Report Abuse good for them
doctorindyj Champion Author Santa Fe Posts:2,261 Points:510,180 Joined:Nov 2009	Message Posted: Feb 7, 2012 10:34:07 AM Ignore doctorindyj Report Abuse And the silly season kicks into high gear. Silly Season AKA an election year. You're going to hear a lot of good news even though you know it really isn't.
Buckeyee Champion Author Maine Posts:2,432 Points:558,105 Joined:May 2010	Message Posted: Feb 7, 2012 10:20:44 AM Ignore Buckeyee Report Abuse I agree with the posters who say this article is more bs.
Dr Gas Champion Author Twin Cities Posts:2,659 Points:315,800 Joined:May 2004	Message Posted: Feb 7, 2012 10:18:57 AM Ignore Dr Gas Report Abuse WHO WROTE THIS CRAP! We are no closer to energy independence than we were 30 years ago. You can maybe move the yard stick a few inches either way but we can not go it alone, and will not be able to for a long time. Dream about it all you want, we need oil from other coutries. It's that simple! It is straight guys!
TableTalk All-Star Author Virginia Posts:648 Points:372,365 Joined:Nov 2008	Message Posted: Feb 7, 2012 10:15:51 AM Ignore TableTalk Report Abuse Just think what better shape we would be in if the greenie gov't got out of the way...
humblepie Champion Author Toledo Posts:17,394 Points:2,011,270 Joined:Mar 2006	Message Posted: Feb 7, 2012 10:10:41 AM Ignore humblepie Report Abuse and this is in spite of obamanomics
investmentdr Champion Author Cleveland Posts:2,365 Points:1,103,935 Joined:Sep 2008	Message Posted: Feb 7, 2012 9:53:08 AM Ignore investmentdr Report Abuse ... and water dependence
Edpap Champion Author Pennsylvania Posts:1,579 Points:152,250 Joined:Oct 2011	Message Posted: Feb 7, 2012 9:47:07 AM Ignore Edpap Report Abuse We must need more government regulations to slow down all this production.
mossimo36 All-Star Author St. Louis Posts:644 Points:136,525 Joined:Sep 2011	Message Posted: Feb 7, 2012 9:37:55 AM Ignore mossimo36 Report Abuse Keep up the good work!
FunMyster Veteran Author Indiana Posts:433 Points:45,750 Joined:Jul 2011	Message Posted: Feb 7, 2012 9:32:41 AM Ignore FunMyster Report Abuse Agreed.
fuel2use Champion Author Seattle Posts:1,821 Points:411,475 Joined:Dec 2010	Message Posted: Feb 7, 2012 9:20:35 AM Ignore fuel2use Report Abuse Good to hear.
dorisntx Champion Author Fort Worth Posts:1,272 Points:337,700 Joined:Apr 2011	Message Posted: Feb 7, 2012 9:13:02 AM Ignore dorisntx Report Abuse ok
bigmoo63 All-Star Author Kalamazoo Posts:885 Points:56,680 Joined:Nov 2009	Message Posted: Feb 7, 2012 9:11:18 AM Ignore bigmoo63 Report Abuse Until our government decides to overregulate some more. And screws this up as well. I'll believe it when its a working model.
humblepie Champion Author Toledo Posts:17,394 Points:2,011,270 Joined:Mar 2006	Message Posted: Feb 7, 2012 9:05:51 AM Ignore humblepie Report Abuse not if obama has his say in this
MontanaMac Champion Author Washington Posts:1,083 Points:279,750 Joined:May 2011	Message Posted: Feb 7, 2012 9:03:58 AM Ignore MontanaMac Report Abuse Well done in spite of an antidevelopment and extraction administration.
sailfreeMI All-Star Author Michigan Posts:823 Points:201,210 Joined:Jul 2011	Message Posted: Feb 7, 2012 9:03:00 AM Ignore sailfreeMI Report Abuse All good.
Joeski1 Champion Author New Jersey Posts:7,478 Points:1,381,735 Joined:Dec 2004	Message Posted: Feb 7, 2012 8:44:27 AM Ignore Joeski1 Report Abuse it won't happen driving hemis and 4X4's with 7L engines....
mwc407 All-Star Author North Carolina Posts:814 Points:336,290 Joined:Jan 2011	Message Posted: Feb 7, 2012 8:39:32 AM Ignore mwc407 Report Abuse These are all good things!
Rockyguitar All-Star Author Tampa Posts:851 Points:874,445 Joined:Sep 2008	Message Posted: Feb 7, 2012 8:38:21 AM Ignore Rockyguitar Report Abuse In spite of gubment interference and roadblocks.
Cothrom All-Star Author South Carolina Posts:621 Points:385,240 Joined:Sep 2005	Message Posted: Feb 7, 2012 8:36:28 AM Ignore Cothrom Report Abuse Heading in the right direction!
GingoutMD Champion Author Maryland Posts:2,674 Points:547,430 Joined:Jan 2010	Message Posted: Feb 7, 2012 8:33:26 AM Ignore GingoutMD Report Abuse About fricking time. We need to keep up this effort.
dgerst Champion Author South Carolina Posts:1,041 Points:225,265 Joined:Aug 2008	Message Posted: Feb 7, 2012 8:32:26 AM Ignore dgerst Report Abuse Its about time. I'll believe it when we eliminate all buying of oil from the middle east.
kress999 Sophomore Author Alabama Posts:214 Points:250,470 Joined:May 2011	Message Posted: Feb 7, 2012 8:30:24 AM Ignore kress999 Report Abuse We need affordable conversion kits and more NG refilling sites
grandpadon28110 Champion Author Charlotte Posts:2,908 Points:785,135 Joined:Sep 2008	Message Posted: Feb 7, 2012 8:29:26 AM Ignore grandpadon28110 Report Abuse Use NG.
MAJB Sophomore Author Indianapolis Posts:135 Points:68,265 Joined:Oct 2005	Message Posted: Feb 7, 2012 8:28:49 AM Ignore MAJB Report Abuse I don't believe we need to be in the business of exporting our energy resources.