oil supply

U.S. Energy Independence a Myth, Other Options Possible

Posted on Updated on

By Wassim Cornet and Easha Acharya

MW-BM068_oil_pr_MG_20130927150959

Politicians across the American political spectrum have long advocated an energy policy that would ultimately lead to a so-called “energy independence”. Time and time again, this independence has been hailed as the solution to the average American paying high gas prices. During the last presidential campaign, Michelle Bachman and Newt Gingrich even announced specific amounts to which they would lower gas prices ($2 and $2.50 per gallon, respectively). Read the rest of this entry »