Yes, it's possible that America may produce all its own energy by 2035 according to the International Energy Agency, as reported in the NY Times, "When America Stops Importing Energy." We could be the world's largest oil producer by 2020, and even export it.
After 30 years of decline, oil production in North America has surged and will produce a shock in the global market. It comes from Canadian sands and from U.S. shale. You may know people, as we do, who have relocated to North Dakota to take part in the oil bonanza there.
Since 2008, U.S. oil production has increased by 40%, and imports have diminished considerably. It can only be good for us when we stop sending hundreds of billions of dollars overseas. Wealth and jobs stay here.
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