, Columnist
The Day After Energy Independence Day
America is less dependent on foreign sources than you think.
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Energy independence is, apparently, no longer good enough for the U.S. Introducing President Donald Trump before the signing of an executive order aimed at rolling back some of President Barack Obama's environmental measures, Energy Secretary Rick Perry declared:
It isn't entirely clear what being "energy dominant" means. Some countries have held powerful positions in global energy markets at various times, including the U.S. Even so, America's competitive advantage is only partly about access to energy supplies; how it has used them to build a diversified economy matters far more. Just take a look at the economy of another energy behemoth, Russia.