Analysts and interest groups say the energy bill before Congress will do nothing to cut US dependence on foreign oil. The US imports 58% of the oil we use. That will increase to 68% by 2030. People who follow energy usage say the bill will only slow that growth -- not reduce any dependence on foreign oil.Ben Lieberman -- an energy analyst with the conservative Heritage Foundation -- says there aren't too many ways to increase domestic oil production -- and none will do enough to reduce the need for imports to below 50% of what we use.
That means any reductions in dependency will have to come from reducing the amount of oil we use. But the bill offers no new feul-efficiency standards. And the bill only calls for the President to reduce our daily diet of 20 million barrels a day by 1 million over the next ten years -- and that's only a voluntary goal. (WashPost) [Photo Credit: US Govt]
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