A forecast projected by the International Energy Agency in November predicted that the U.S. would become the world’s biggest oil producer by 2020, eclipsing Saudi Arabia. That news capped a year that’s seen a surge in American oil and natural gas production, with production now 1.6 million barrels a day higher than it was four years ago. The booming energy industry at home has amplified American political chatter about imminent “energy independence”. Prices, of course, would still be shaped by a global market driven by the growing demands of countries like India and China. But the expansion of supply in the U.S. may diminish the incentive for policy-makers to address the threat of climate change with alternatives to carbon-based energy sources.
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Top 10 Education Stories
- 10. Go, Fight, Win: Texas Cheerleaders and the B-I-B-L-E
- 9. The Rise of the Digital Textbook
- 8. Harvard’s Cheating Scandal
- 7. Shaming the For-Profit Colleges
- 6. Bypassing No Child Left Behind
- 5. The Ever-Worsening Student Loan Crisis
- 4. UVA President Ousted—Then Reinstated
- 3. Malala and the Fight for Girls’ Education Worldwide
- 2. Chicago Teachers Hit the Picket Lines
- 1. Planet of the MOOCs
Top 10 U.S. News Stories
- 10. The American Energy Boom
- 9. The Grim Toll of Military Suicides
- 8. Obama’s Gay Marriage Awakening
- 7. The Fall of Gen. David Petraeus
- 6. Amnesty for the Undocumented?
- 5. Mayhem at Aurora and Oak Creek
- 4. The Killing of Trayvon Martin
- 3. ‘Obamacare’ Upheld
- 2. Hurricane Sandy
- 1. President Obama Reelected to Fix a Struggling Economy