Quote:
I think people fundamentally misunderstand the economics of oil, as well as the possible solutions available to us. Fact is, the only way to achieve "oil independence" is by becoming completely independent of oil. So long as we consume oil, we're subject costs and burdens of the worldwide market for oil. It doesn't matter whether we produce the oil ourselves, import it, or import it only from friendly regimes. So long as we consume oil, we're subject to the world market; quibbling about imports or trade partners is superficial and ultimately doesn't address the "independence" issue.
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Right.
What other cheap, abundant, reliable source of energy do we have that will meet the the needs of US energy consumption?
And...why would we want to do that?