Former Soviet bloc nations have reason to worry about an embargo on Russian oil, but Europeans are finally recognizing the true costs of their longstanding energy dependence on Russia.
Since the federal government started setting fuel economy standards, US-built cars have doubled their fuel efficiency, saving money for consumers and reducing pollution.
The Australian Financial Review recently trumpeted America’s “re-emergence as a world oil power”. It is an accomplishment four decades in the making and its success is still under debate. Energy security…