The Little-Known 2007 Energy Law That May Have a Big Effect on Oil Consumption

80beats
By Patrick Morgan
Mar 25, 2011 7:46 PMNov 19, 2019 9:10 PM

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: In a much-ignored speech last week (not ignored by Grist), Sen. Jeff Bingaman (D-N.M.) argued that the U.S. could become less vulnerable to spiking oil prices if we used less of it (surprise!). The crux of the talk was a graph he showed of our country's estimated petroleum imports, and specifically, the significant change inprojection between 2008 and 2011 (blue and red lines above). Our now-declining gas and oil imports are in part a result of the Energy Independence and Security Act of 2007. How the Heck:

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