China Set to Surpass US as Top Importer of Oil
The oil cartel OPEC says that China could overtake the U.S. as the biggest importer of oil in the world as soon as next year. The reason: a boom in shale oil production.
energy independence
Energy Independence by 2020? Maybe -- But It Wouldn't Last
The International Energy Agency claims in its World Energy Outlook that it is now possible for the United States to become energy independent by 2020. But it's also warning that any such energy independence would be short lived -- a message that has been lost on most analysts.
America Will Be Energy Independent By 2030
The energy situation is looking pretty grim for much of the world. But here in North America? We're sitting pretty. Thanks to a boom in natural gas production from shale, and oil production from Canada's tar sands, North America will become an energy exporter over the coming decades.
3 Economic Misconceptions That Need to Die
One of this country's biggest economic problems is a tsunami of misinformation. You can't have a rational debate when facts are so easily supplanted by overreaching statements and errors. Here are three misconceptions about our economy that need to be laid to rest.
Was That Another Fracking Earthquake?
Feeling the earth move under one's feet can be unsettling, even in places where it's a natural and fairly common occurrence. But far more disconcerting is when major tremors in places unaccustomed to earthquakes can be traced to human causes like fracking.