Saturday, April 30, 2011
With oil prices back above $100 a barrel, declarations of “energy independence” are back in the news. But a more reliable path to energy security lies in continuing to depend on the benefits conferred by global energy markets, while reducing reliance on any one form of energy or on any one energy supplier. And indeed, since the oil shocks of the 1970s, the actions of millions of consumers and producers have enhanced energy security in precisely this way. Read the full story on the USAEE (United States Association for Energy Economics) site.
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