Last week, the Pacific Research Institute (PRI) released a report--"Top Ten Energy Myths"--that confronts ten common myths about America's energy sources, uses and risks, utilizing U.S. Department of Energy (DOE) and Energy Information Administration (EIA) data.
Some excerpts from the report:
- Myth: We have no choice but to import vast quantities of oil and natural gas.
- Reality: The U.S. could significantly reduce imports by expanding domestic production.
- Myth: Offshore oil production poses environmental risks.
- Reality: New technology has greatly reduced the risk of oil spills. Reducing oil reservoir pressure through extraction of petroleum will decrease the amount of oil pollution from natural seepage.
- Myth: Energy companies will not invest in clean reliable energy so we need governme... more »
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