U.S. Energy Independence Outlook Improving

The KPMG Global Energy recently found that a majority of energy executives believe the U.S. can reach energy independence by 2030. The Energy Industry Outlook Survey polled more than 100 senior executives representing global companies.

Of all the respondents, 62 percent believe the U.S. can attain energy independence by 2030, a ten percent increase from last year. Of those respondents, 23 percent believed energy independence can be achieved as early as 2020.

"The majority of respondents also believed the energy industry's emphasis in developing environmentally friendly technologies should focus on natural gas, with 79 percent supporting that view."

Nearly all respondents indicated they were expecting continued research and development  investment in alternative energy projects.

Source: Power Engineering

By Gaylen Davenport