Fossil fuel reserves will add to environment concerns
Increased production of oil and gas from horizontal drilling and hydraulic fracturing is stirring visions of a new American golden age of energy independence. This current energy euphoria was set out by Ed Morse, head commodities analyst at Citibank, in the Wall Street Journal. “The United States,” he said, “has become the fastest-growing oil and gas producer in the world, and is likely to remain so for the rest of this decade and into the 2020s.
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