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Despite an influx of vehicles that are 46% more fuel-efficient than they were in 1980,
the average American household spent almost $3,000 (or about 4% of their pre-tax income – the highest proportion in history) on gasoline. Find out how we compare with the rest of the world.
As editor of www.FinancialArticleSummariesToday.com and www.munKNEE.com and the FREE Market Intelligence Report newsletter (sample here – register here) The Finance Degree Center (www.financedegreecenter.com) asked that I post the following infographic* which I am pleased to do.
*http://www.financedegreecenter.com/gassed/ (© 2013 Finance Degree Center)
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I don’t want to kill the dream of U.S. energy independence but the fact is it won’t become a reality overnight. It’s entirely possible, however, that the North American continent [Canada, the U.S. and Mexico] can achieve energy independence within the next decade. [Let me explain.] Read More »
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Below is an infographic presenting a crash course in the need for, problems with, and benefits of, building the Keystone XL pipeline from Alberta through the American midwest to the refineries in Texas. Read More »
3. U.S. Is NOT Going to Become Energy Independent – Period! Here are 3 Reasons Why
The United States is not going to become energy independent because of tight oil. Period. Reports to the contrary are an illusion of U.S. energy independence based on unrealistic assumptions and projections about the long-term potential of oil production from tight formations like the Bakken Shale in North Dakota and the Eagle Ford Shale in Texas. There are several compelling reasons for this [as outlined below]. Words: 575 Read More »
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