EDITORIAL
You’d think there would have been more fanfare about it/ but there are other big things going on in the world of news.
Rh/ |ou nnewB
Whe stor|B ast month the nited Vtates became a net ex porter of oil for the first time in : |ears1 \es/ exporter1 Ior decades weÎve heard a lot about our country becoming “energy independent/ warning that being beholden to countries who might/ and have/ reduced or turned off the spigot on oil imports is not a healthy way for a nation to live.
Zhat has led to this happ situation Where are a number of factors/ according to the
Times 1 WhereÎs the surging shale production/ the end (four years ago) of a crude oil export ban and improved fuel economy for vehicles.
We are also heading to more high tech contribution from wind and solar power—there are at least three solar farms planned for our area—but the plain truth is oil is going to remain the 800-pound gorilla in the room for years to come.
Experts are divided on whether this condition is permanent. The W a ll S treet Jo rn a l said the net export condition may be “short lived” but the Financial Times quotes one as saying “we are only expecting (American) exports to continue rising from here.”
ZhateverÎs in the future right now itÎs stunning to thinn weÎve just seen something which hasnÎt happened since people were talking about “that newfangled contraption television.”—M.B.
- Log in or Subscribe to post comments.