America’s current $440 annual foreign oil dependency is showing promise to create a cataclysmic situation in which the country is reliant upon its staunchest enemies to fuel everyday life.
Worldwide energy consumption is pegged to increase 50% over the next two decades with the U.S. now accounting for roughly 25% of global demand. Moreover, political tensions between the U.S. and both Iran and Venezuela near a boiling point. So, clearly president Obama’s recently stated plan to eliminate our reliance on Middle Eastern and Venezuelan oil within the next decade is essential to ensure the safety of our country’s future.
Solar energy, bio-fuel, wind farms, and hydropower all hold significant promise to help the U.S. decrease its carbon footprint and end its reliance on foreign oil. However, each comes with their own set of limitations that prevent them from being able to shoulder the load of doing so in any significant manner over the near-term.
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