Chicago Tribune

Editorial: Free markets and U.S. energy independence

"Energy resources are so limited that not only can't the present living standard of the United States be available to all mankind, it is not likely to continue in this country beyond the present decade."

_Lawrence Rocks and Richard P. Runyon, "The Energy Crisis," 1972

___

"The U.S. Just Became a Net Oil Exporter for the First Time in 75 Years - Shale Boom Has Boosted U.S. Crude Oil Shipments to Record"

_Bloomberg News headline, Dec. 6, 2018

___

The stunning turn of fortunes was largely overlooked in a whirlwind of other Washington news this month: Nearly half a century of free-market initiatives and government encouragement has turned what long looked like an American weakness into a strength. "We're becoming the dominant energy power

You're reading a preview, sign up to read more.

More from Chicago Tribune

Chicago Tribune3 min readPolitics
Commentary: I Damaged The ROTC Offices At Northwestern University. Here's How — And Why — I Atone
On Friday, I will attend the solemn ceremony at Northwestern University in which Naval Reserve Officer Training Corps students will take the oath to become members of the United States Navy and Marine Corps. As both a faculty member and graduate of N
Chicago Tribune3 min readPolitics
Mary Schmich: Yes, Elizabeth Warren can win
Elizabeth Warren can do it. Yes, she can. I'll concede that betting on winners and losers in the Democratic presidential free-for-all is like betting on Chicago weather in June. Only fools and hardcore gamblers would dare. But if I had to gamble, I'd
Chicago Tribune2 min readSociety
3 Wounded When Gunman Opens Fire On Chicago Bus, Police Say
CHICAGO - A gunman opened fire on a Chicago Transit Authority bus Monday evening, leaving three people wounded, two of them seriously, authorities said. The shooting occurred on a northbound No. 75 bus in the 7700 block of South State Street in the C