The Keys to Energy Security

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06/08/2011

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By 2030, the United States could secure 92 percent of its liquid fuels from secure sources (i.e. the U.S. and Canada) with access to oil resources ... (More) By 2030, the United States could secure 92 percent of its liquid fuels from secure sources (i.e. the U.S. and Canada) with access to oil resources on public lands and in federal waters that are currently off-limits, and with the approval of the Keystone XL Pipeline which would bring additional oil supplies from Canada. Currently, we depend on sources outside the U.S. and Canada for 38 percent of our liquid fuels, according to the U.S. Energy Information Administration. With no changes to policy, plus continuing growth in biofuels under current law, EIA forecasts that would shrink to about 30 percent in 2030. However, with sensible changes to oil and natural gas policy we could reduce that to 8 percent, while at the same time creating massive numbers of new U.S. jobs and huge amounts of revenue for our government. (Less)