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North American energy independence - Wikipedia, the free encyclopedia

North American energy independence

From Wikipedia, the free encyclopedia

Imported crude oil as a percent of US consumption.
Imported crude oil as a percent of US consumption.

North American energy independence is a stated goal of those who believe that the North American nations - the USA, Canada and Mexico - must reduce their reliance on oil purchased from outside the continent.

The benefits are argued to be the reduction of North America's energy dependence on unstable regions such as the Middle East and South America and limiting oil imperialism to the North American Free Trade Area, reducing exposure to terrorism abroad; lower balance of trade and foreign exchange stresses on the U.S. economy in an era when suppliers may begin to price oil in euros; the development of renewable energy sources to displace fossil fuels; and the promotion of energy conservation and technology (such as insulation, green roof, and energy efficient lighting) exportable to energy-poor nations.

A number of groups are aggressively pushing for these policies. Prominent among them is the Apollo Alliance, a coalition of businesses, strategists, labor unions, and environmental organizations advocating a ten-point plan for energy independence. Another group is the Set America Free Coalition formed by prominent individuals and non-profit organizations concerned about the security and economic implications of America’s growing dependence on foreign oil.

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