The United States is expected to export more energy than it imports by 2020January 30, 2019
America Needs Energy Policy that Values Innovation Over RegulationApril 3, 2019
The US shale boom has made it possible for the Trump administration to take stronger positions in support of Israel, including recognising its sovereignty over the Golan Heights, because it is no longer dependent on imported oil, a senior US official has said.
Dan Brouillette, deputy energy secretary, told the Financial Times that the position of the US was “radically different” from 1973-74, when the oil embargo imposed by Arab members of Opec during the Arab-Israeli war sent fuel prices soaring.
Although the US was still part of the global oil market as an importer and exporter, and hence affected by international developments, he said, it was no longer dependent on foreign countries for its fuel. Read the full article here