June 18, 2012

How Energy Is Reshaping the World

Daniel Yergin, Foreign Policy

AP Photo

The outlook for the U.S. energy supply is very different from what it was just four years ago, the last time oil prices were going up -- and the last time Americans were electing a president. Back then, it seemed the only questions were how fast oil imports would continue to rise and whether the United States was destined to import increasing amounts of natural gas. But the years since have seen an astonishing revival in U.S. oil and gas production, and with it a change in the national conversation about energy. In the presidential campaign ahead, the debate over America's energy policy is likely to be very different from years past.

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TAGGED: oil, global economy, energy

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