For decades, policymakers have been concerned about America’s over-reliance on fossil fuel imports from other parts of the world. But thanks to hydraulic fracturing, or fracking, many of these concerns are now being alleviated – especially when it comes to natural gas. As reported in Environment and Energy’s Energywire, the U.S. is on track to overtake the Middle Eastern powerhouses Qatar and Saudi Arabia in exports of natural gas liquids, which hit 550,000 barrels per day in mid-2013. With fracking set to increase the supply of liquid natural gas by 30 percent in the next four years, it looks like fears of America’s over-dependence on foreign sources of energy might be running on empty.
November 29, 2013 by Craig Rucker,
Craig Rucker is president and co-founder of CFACT.