On Thursday, the Organization of Petroleum Exporting Countries (OPEC), an economic cartel responsible for approximately one third of global oil production, announced it would not decrease its rate of oil production.
So you think President Barack Obama’s calls for energy independence have seemed a bit starry-eyed? Well, every U.S. president since Richard Nixon has publicly called for the country to become self-sufficient.
We can't insulate ourselves from global oil markets, but we can have more control.
The 1973 oil embargo triggered a mad rush of electric-vehicle research. Forty years later, we’re seeing the results