U.S. to become world's largest oil producer by 2020
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December 9th, 2012 (10:29 PM).
Guide of Darkness
Temple of Light
Originally Posted by
Just imagine if we could use all the capital from the increased oil revenue to put towards alternative energy sources, so by 2020 we could be a world leader in that regard as well.
That would be ideal.
I think the recent natural gas boom is a good temporary stepping stone. Its cleaner and buys us time and cash flow to develop and ready alternative energy sources (and its byproducts - forms of distribution, adapting the grid, storage, etc.)
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