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Obama – Anti Big Oil and Gas

12 Nov

This worries me.

If our president wants to keep his anti-Big Oil and Gas cred,…..

He’s going to have to change up his strategy a little during the second term.

News like this will ruin his rep.

Jeesh…….

http://mobile.reuters.com/article/idUSL5E8MC7GA20121112?irpc=932

Reuters

UPDATE 5-U.S. to overtake Saudi as top oil producer – IEA
Mon, Nov 12 10:46 AM EST

* U.S. to become biggest oil producer by 2017

* To overtake Russia as top gas producer by 2015

* Moving to become self-sufficient in energy

 

LONDON, Nov 12 (Reuters) – The United States will overtake Saudi Arabia and Russia as the world’s top oil producer by 2017, the West’s energy agency said on Monday, predicting Washington will come very close to achieving a previously unthinkable energy self-sufficiency.

The International Energy Agency (IEA) said it saw a continued fall in U.S. oil imports with North America becoming a net oil exporter by around 2030 and the United States becoming almost self-sufficient in energy by 2035.

“The United States, which currently imports around 20 percent of its total energy needs, becomes all but self-sufficient in net terms – a dramatic reversal of the trend seen in most other energy importing countries,” it said.

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