Downsides of U.S. Energy Independence

Downsides of U.S. Energy Independence

What is more appropriately defined as North American oil independence -- since the United States will continue to depend on Canadian and Mexican crude for decades to come -- is almost unanimously hailed as a positive development that will enhance American security. What gets mentioned less are the downsides of energy independence. Rising U.S. and Canadian oil production could well destabilize petro-states in the Middle East, Russia, Africa and beyond, sparking regime changes unfavourable to U.S. interests and creating an even riskier world.

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