About that "Energy Independence" President Carter...
Energy Independence is a political term, but not a reality. The US has 3 percent of the worlds' oil reserves, and we use 24 percent of world's production with just 4-5 percent of the population. We've been committed to an industrial policy and a foreign policy built around oil imports since the 1930's, though we didn't really get into the soup until Roosevelt struck the Big Deal with Saudi Arabia in the early 1940's. Alternative sources of energy currently ... Full Story »
Posted by Derek Hawkins
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