The long march to energy independence: Part 2
The US finally achieved energy independence in November 2019, but was the mission a mistake from the start?
Energy independence can be achieved by boosting domestic supply or reducing domestic consumption. Most US administrations since that of President Nixon have chosen the first option because the alternative was seen as too politically risky. Boosting prices through measures such as gasoline taxes, while optimal for cutting use, was anathema to elected officials. The road to energy independence for the US—technically achieved in November 2019—was rough and circuitous. When the goal was reached, most observers saw it as a wasted effort or even a terrible mistake because success came through boosting fossil fuel use and probably adding 1–2°C to average global temperatures. Had world efforts towar
Also in this section
16 January 2026
The country’s global energy importance and domestic political fate are interlocked, highlighting its outsized oil and gas powers, and the heightened fallout risk
16 January 2026
The global maritime oil transport sector enters 2026 facing a rare convergence of crude oversupply, record newbuild deliveries and the potential easing of several geopolitical disruptions that have shaped trade flows since 2022
15 January 2026
Rebuilding industry, energy dominance and lower energy costs are key goals that remain at odds in 2026
14 January 2026
Chavez’s socialist reforms boosted state control but pushed knowledge and capital out of the sector, opening the way for the US shale revolution






