Because of horizontal drilling and fracking, the US has experienced a huge increase in oil/natural gas production and large reduction in oil imports.
- Helped the US economy tremendously
- Natural gas prices have plummeted and cause a huge
retirement in coal power generation and probably nuclear
too. Lower prices and much cleaner fuel.
- Renewable energy has expanded from 8% to 15% since 2002,
mostly wind power which now matches hydro power
- Electrical power demand is stead because of efficiency
We need to keep working on renewable energy because of climate change. Also, oil production will start to decrease again in the future and we need to be ready with a local solution