12 Nov 2012:
U.S. Could Be World’s Largest
Oil Producer Within a Decade, Report Says
Advances in drilling for unconventional fossil fuels could make the U.S. the world’s biggest oil producer within a decade, a shift that could transform the global flow of energy for all regions of the world,
according to a new report from the International Energy Agency (IEA). According to the organization’s World Energy Outlook
, the U.S. could become a net exporter of natural gas by 2020 as a result of advances in drilling, including for shale gas, and “almost self-sufficient” in energy by 2035. In addition, once North America becomes a net oil exporter and no longer reliant on countries such as Saudi Arabia, nearly 90 percent of Middle Eastern oil will be exported to China and other Asian nations. While the report projects that energy demand worldwide will increase by one-third by 2035, it also suggests that the global market can achieve energy savings equivalent to nearly 20 percent of total current demand during that period. “In other words, energy efficiency is just as important as unconstrained energy supply,” said Maria van der Hoeven, executive director of the IEA. “And increased action on efficiency can serve as a unifying energy policy that brings multiple benefits.”
Yale Environment 360 is
a publication of the
Yale School of Forestry
& Environmental Studies
Yale Environment 360
articles are now available in Spanish and Portuguese on Universia
, the online educational network. Visit the site.
Business & Innovation
Policy & Politics
Pollution & Health
Science & Technology
Antarctica and the Arctic
Central & South America
Tribal people and ranchers join together to stop a project that would haul coal across their Montana land. Watch the video.
is now available for mobile devices at e360.yale.edu/mobile
The 2015 Yale e360 Video Contest winner documents a Northeastern town's bitter battle over a wind farm. Watch the video.
A 2015 Yale e360 Video Contest winner captures stunning images of wild salmon runs in Alaska. Watch the video.
video series looks at the staggering amount of food wasted in the U.S. – a problem with major human and environmental costs. Watch the video.
video goes onto the front lines with Colorado firefighters confronting deadly blazes fueled by a hotter, drier climate. Watch the video.
A three-part series Tainted Harvest
looks at the soil pollution crisis in China, the threat it poses to the food supply, and the complexity of any cleanup. Read the series.