Tuesday, November 26, 2019

A third world mining company

Can The U.S. Become Energy Independent By Next Year?
In a pivotal shift, the US is only months away from full energy independence. By 2030, total primary energy production will outpace primary energy demand by about 30%, according to Rystad Energy’s latest forecast.
“This milestone follows a strong period of growth in both hydrocarbon and renewable resources, and we forecast that the US will have primary energy surplus – and not a deficit – by February or March 2020, depending on the intensity of the winter season,” says Sindre Knutsson, vice president on Rystad Energy’s gas markets team.

“Going forward, the United States will be energy independent on a monthly basis, and by 2030 total primary energy production will outpace primary energy demand by about 30%,” Knutsson added.
I sure looks that way. Manufacturing is going elsewhere, even with automation.  Those Asian robots need energy, we have it. Unfortunately our future obligations were based on a manufacturing economy.

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