Posted February 28, 2014
U.S. Will Meet Energy Needs by 2020, Citi Researcher Says
Forbes: By the end of this decade, the United States will produce all the energy it needs, the head of commodities research for Citigroup said in Chicago Thursday.
Edward L. Morse, managing director and global head of commodities for Citi, said the gas and oil boom will combine with improved efficiency to make the U.S. a net-zero importer of energy by 2020.
“I think that the chances are close to 100 percent that the U.S. will be supplying 100 percent of its energy requirements for power generation and transportation,” Morse told about 100 people at a Fairmont Hotel gathering sponsored by The Chicago Council on Global Affairs.
Read more: http://onforb.es/1fOGP4E
More industry news:
Jason Bohrer – Welcome to N.D., the State that ‘Has it All’: http://bit.ly/1hZAerz
Still More Evidence Obama Sees Fracking as Safe: http://bit.ly/1hqF7Hd
Moniz: All-of-the-Above is Making a Difference Across America: http://bit.ly/1hwcBU0
U.S. Moves Toward Atlantic Oil Exploration: http://nyti.ms/1eH4QGr
Growing Momentum for Energy Exports? http://bit.ly/1gHzK3L
Oil Boom Brings Millions to Texas’ Brazos Valley: http://bit.ly/1cseJYw
Ignorance is Rife on Energy Issues: http://bit.ly/1hZEUgS
ABOUT THE AUTHOR
Mary Schaper is a Digital Communications Manager for the American Petroleum Institute. She previously worked on Capitol Hill for the Senate Energy and Natural Resources Committee as Digital Director and for Senator Lisa Murkowski. Before coming to D.C., she spearheaded digital strategy for Murkowski's successful Senate write-in campaign in 2010. Schaper enjoys traveling and taking in the local culture alongside her husband, their son and loyal springer spaniel.