“Despite oil prices falling sharply over the last few months, America must continue to rid itself of it’s dependence on foreign oil. Oil and gas prices will continue to fall as economic growth slows in the near term, but in the long term they will go back up past historic highs ($145 a barrel, $5 gas) as global demand returns and oil reserves continue to diminish. The first thing Obama must to is to get the smartest energy minds together and develop a sustainable domestic and global energy plan. He has started on this path with promises to spend $150 billion in reforming the nation’s energy systems and retooling the U.S. auto industry to build more fuel-efficient cars, but a far more comprehensive long term plan is needed. I don’t think America will entirely rid its dependence on oil in 10 years as Obama has promised, but I do think in 10 years we should be well underway in implementing a clear plan that provides the basis for shifting the nation away from “dirty” sources of energy to renewable and “clean” sources.” source...
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