This is my second post on the National Intelligence Council (NIC) briefing for the U.S. president called “Global Trends“, a report that looks at potential risks to the United States 20 years ahead. The first post (here) dealt with climate change, but in this post I want to take a look at how the Intelligence Community views the potential threat of a future energy constraint on the U.S. and world economy.
The quick answer: not much of a threat at all.
In a likely tectonic shift, the United States could become energy-independent. The US has regained its position as the world’s largest natural gas producer and expanded the life of its reserves from 30 to 100 years due to hydraulic fracturing technology.