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MAY 07, 2013 - Business Insider

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American Energy Independence Is A Complete Myth

Lots of people think American energy independence is within reach thanks to our shale boom. The Council On Foreign Relations' Michael Levi says they are all wrong.  We spoke by phone with Levi yesterday to discuss his new book, "The Power Surge." He said American energy independence is the biggest myth out there about the shale boom. The reason: we've actually spent the past several decades actually trying to ensure we would never be energy independent. And our reasoning for doing so — insulating ourselves from oil shocks — has not changed: It's been a long time ... Read More

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