13 Nov '12, 4pm

U.S. Oil Future: Energy Independent By 2030, Bigger Than Saudis In 2020 #car #green

So far as we know, most oil-producing countries in the Middle East don't have shale oil reserves, so they'll be relying on conventional wells. If those wells continue to produce, countries like Saudi Arabia will turn their attention to developing nations like China and India, leaving America more isolated. If those wells fail, the Middle East and many of the countries that depend on oil from the region could become destabilized. Either way, there will be some seismic political changes in the coming years. (Pun intended.)

Full article: http://www.greencarreports.com/news/1080438_u-s-oil-futur...

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