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BP Projection: U.S. Will Be Energy Self-Sufficient By 2030

US News -- Vast stores of natural gas and oil found in shale formations could make the U.S. a global energy leader

Surging domestic production of shale gas and oil means the United States could be virtually energy self-sufficient by 2030 according to a report released Wednesday by British Petroleum.

That could in turn have "major impacts on trade balances," the report said, as global energy demand in developing countries ramps up contributing to a 36 percent growth in overall demand.

"The outlook shows the degree to which once-accepted wisdom has been turned on its head," Bob Dudley, BP Group Chief Executive, said in a press release. "The U.S. will not be increasingly dependent on energy imports, with energy set to reinvigorate its economy. And China and India are expected to need a lot more impor


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Submitted Jan 17, 2013 By: skb69sa
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REPLIES (newest first) Post a Reply
honda0105
Champion Author Tallahassee

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Message Posted: Jan 20, 2013 12:46:49 AM

we will be less energy dependent, but never self-sufficient, and definitely not independent.
Rhino8of8
Champion Author Wisconsin

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Message Posted: Jan 18, 2013 8:44:34 AM

It'll never happen. Sure, there might be enough produced to BE self sufficient, but pricing will get plenty of it exported, and I think there will still be some imported.
yardslave
Champion Author Oklahoma City

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Message Posted: Jan 18, 2013 6:01:17 AM

Time will get us there...
tomok
Champion Author Portland

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Message Posted: Jan 18, 2013 3:09:40 AM

U.S. Will Be Energy Self-Sufficient By 2030? What does BP know, how to spill oil into the gulf?
Self-Sufficient? Not when Big Oil and Big Gas sells fuel and natural gas on the world market for higher prices. The US ‘oil and natural gas resources’ belong to the citizens of this country and are to be used by those same citizens! The price at the pump needs to go down to $2/gallon - *$3, *$3.50/gallon or *$4.00 is Not the new low!
More Refineries are Not the answer, the answer is Stop Exporting Fuel!
Whatever the size or shape of the vehicle, vehicle manufactures Produce and the population ‘Drives’ vehicles with high MPG, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money.
The price of fuel at the pump is too high!
XII/XXII/MMXII! - The Day After......
comprof
Champion Author Houston

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Message Posted: Jan 17, 2013 10:56:42 PM

Oh but this would strengthen America. There is no way this lying, Marxist POTUS will allow that to happen.
bullfrog69
Champion Author Texas

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Message Posted: Jan 17, 2013 10:43:53 PM

I'll probaly be dead by then! And even if there is a world here by then!
DJE1
Sophomore Author Los Angeles

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Message Posted: Jan 17, 2013 10:41:28 PM

Would be nice
CCLighthouse
Champion Author Hartford

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Message Posted: Jan 17, 2013 10:31:31 PM

Only if we are allowed to be. And it could be a lot sooner if we had more refinery capacity. : )
jwkycola
Champion Author Columbia

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Message Posted: Jan 17, 2013 10:31:05 PM

Ok. Yeah, we'll see.
chikilla2486
Rookie Author Twin Cities

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Message Posted: Jan 17, 2013 10:30:31 PM

Hope to be there to see
g747
Champion Author Mobile

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Message Posted: Jan 17, 2013 10:30:11 PM

We need to be independent from foreign oil forever!!!!!!!!.
MRED3
Champion Author Jacksonville

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Message Posted: Jan 17, 2013 10:28:19 PM

Wiil see
MG_Sputnik
Champion Author Philadelphia

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Message Posted: Jan 17, 2013 10:27:22 PM

Yeah as long as they don't blow up any more rigs!
DrLyon
Champion Author Michigan

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Message Posted: Jan 17, 2013 10:26:42 PM

Only if domestic oil is all used domestically...
checkitnow
Champion Author Atlanta

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Message Posted: Jan 17, 2013 10:26:02 PM

more domestic supply is the answer
PoohMcGoo
Champion Author Alabama

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Message Posted: Jan 17, 2013 10:22:47 PM

Ok
drunkhabib
Champion Author North Carolina

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Message Posted: Jan 17, 2013 10:20:48 PM

we gonna be too broke to drive by then
hartman
Champion Author Lansing

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Message Posted: Jan 17, 2013 10:20:03 PM

Ok
30mpg80
Champion Author Lexington

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Message Posted: Jan 17, 2013 10:19:25 PM

Who cares which year?
DEG
Champion Author Las Vegas

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Message Posted: Jan 17, 2013 10:18:43 PM

Too bad the Obama administration has held up drilling on federal lands. We might become self-sufficient earlier than 2030 if it weren't for the tree-huggers.
FlyNFool
Champion Author South Carolina

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Message Posted: Jan 17, 2013 10:18:19 PM

ok
TBRR
Champion Author Jacksonville

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Message Posted: Jan 17, 2013 10:13:37 PM

my2002m: hit the nail on the head.

there are two ways to enslave a nation, one by sword, the other by debt.
Cyberkedi
Champion Author Atlanta

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Message Posted: Jan 17, 2013 10:13:05 PM

That would be nice. Then maybe we could force Saudi Arabia to treat women as if they are above cockroaches.
my2002m
Champion Author Tulsa

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Message Posted: Jan 17, 2013 10:11:57 PM

Not with this administration.
OOXXFF
Champion Author Greensboro

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Message Posted: Jan 17, 2013 10:08:36 PM

Is this good news?
BossPal
Champion Author Illinois

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Message Posted: Jan 17, 2013 10:08:01 PM

UNITED sTATES OF cHINA?
meg1561
Champion Author Columbus

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Message Posted: Jan 17, 2013 10:07:49 PM

Do you really trust what BP says?
ericbcire
Champion Author Nevada

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Message Posted: Jan 17, 2013 10:07:42 PM

Time will tell.
kymechanic
Champion Author Kentucky

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Message Posted: Jan 17, 2013 10:03:04 PM

China will own the U.S.A. by 2030.
wulf2000
Champion Author Miami

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Message Posted: Jan 17, 2013 10:02:32 PM

Nobody can predict what will happen 17 years from now.
skempton
Champion Author Vermont

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Message Posted: Jan 17, 2013 10:02:26 PM

Will BP be around in 2030?
Spirits
All-Star Author Florida

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Message Posted: Jan 17, 2013 10:01:56 PM

Could be are the key words.
livedream
Champion Author Michigan

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Message Posted: Jan 17, 2013 9:58:28 PM

Excellent comment by bull2010 - I agree 100%.
jb107
Champion Author New Jersey

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Message Posted: Jan 17, 2013 9:58:09 PM

It will be good to be rid of OPEC.
bull2010
Sophomore Author Houston

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Message Posted: Jan 17, 2013 9:55:00 PM

We need lower oil prices! Dont care about oil company,s record greedy profits for last 20+ years. P,S, Mr funker careful who you call a fool in our country! Look who you work for.
Blue48
Champion Author Illinois

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Message Posted: Jan 17, 2013 9:54:37 PM

ARE WE SURE ABOUT THAT!
ezone
Champion Author Florida

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Message Posted: Jan 17, 2013 9:53:57 PM

Sounds very plausible, but they haven't taken into account what Obozo is doing (and will continue to do) to prevent America from becoming energy independent.
WIWalt
Champion Author Wisconsin

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Message Posted: Jan 17, 2013 9:51:08 PM

hope so
dasimon
All-Star Author Florida

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Message Posted: Jan 17, 2013 9:48:45 PM

Yeah sure
toadNY
Champion Author Albany

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Message Posted: Jan 17, 2013 9:46:29 PM

Will we still be a country in 2030?
Bleeder
Champion Author Virginia

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Message Posted: Jan 17, 2013 9:45:18 PM

I hope they are right.
PrettyLittleLady
Champion Author Modesto

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Message Posted: Jan 17, 2013 9:42:45 PM

Maybe
Prodaddy
Champion Author Houston

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Message Posted: Jan 17, 2013 9:41:39 PM

I would prefer 2020
munch252
Veteran Author Cleveland

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Message Posted: Jan 17, 2013 9:39:41 PM

hope so
mrbee
Champion Author Little Rock

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Message Posted: Jan 17, 2013 9:32:54 PM

They have no idea.
clermont40miles
Champion Author Cincinnati

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Message Posted: Jan 17, 2013 9:30:22 PM

That guess is as good as any.

If BHO is still president, I don't think so. He no like the USA so much.
ILoveGoldens
All-Star Author Kentucky

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Message Posted: Jan 17, 2013 9:27:34 PM

Endoman5000 - You are brilliant!
sickhp
Champion Author San Antonio

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Message Posted: Jan 17, 2013 9:26:18 PM

Drill baby drill in all of America.
rampower80
Champion Author Kentucky

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Message Posted: Jan 17, 2013 9:24:40 PM

Awesome. Just hope it isn't a whole lot of bluster and is grounded in fact.
TDIdave
Champion Author California

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Message Posted: Jan 17, 2013 9:24:16 PM

Energy independence is a myth.
walkingtall
Champion Author Toronto

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Joined:Nov 2004
Message Posted: Jan 17, 2013 9:20:36 PM

British Petroleum:United States will be energy self-sufficient by 2030 and if this is true its very promising news.
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