Quote:
Originally Posted by crockett
The most fucked up thing about the shale oil/gas in the US is the oil companies had started investing heavily into renewable power, like solar and wind. Even BP renamed themselves from British petroleum to beyond petroleum as they looked toward a future short on oil.
Soon as the shale fields opened up, each of the major oil companies dropped all investments in green energy and sold off the related assets.
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I think everyone agrees that one day we need to be on green but today is not that day. There's been 2 trillion invested I green worldwide and it's yielded very little while shale frackonf was a major breakthrough. With shale frackin, there will be fossil fuel energy for a couple of generations most likely.
I think the green technology breakthroughs will come soon enough and getting the country off of coal and onto natural gas was still a major improvement.
America is on the right path though. We consume less, produce more, and therefore import significantly less. We import about 25% less oil than we did from about 5 years ago and every year that number improves. We are on the right path to gaining more and more energy independence, we are one of the few countries on this path. 'Murica!