The International Energy Agency projects that the U.S. is set to become the world’s leading oil and natural gas production superpower. Is that realistic?
Last week I had articles published in both Forbes and the Wall Street Journal (WSJ) addressing a recent report from the International Energy Agency (IEA).
The IEA made headlines when it projected in its World Energy Outlook 2017 that the U.S. would be a net exporter of oil within a decade. The IEA also projected that the U.S. is set to become the world’s dominant oil and gas production leader for decades.
In a pair of articles that risk making peak oilers’ heads explode, I argued that “Yes, the U.S. could achieve energy independence.” However, it depends on how we define energy independence, and there are several important caveats.
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