"Natural Gas Boom Hasn't Made Us Energy Secure, Warns IEA Chief"

"The United States has not reached a state of energy security despite the natural gas boom that is sweeping the nation, the new head of the International Energy Agency (IEA) said Monday.

Maria van der Hoeven said the IEA forecasts that U.S. oil supplies will plateau in the next two decades, causing the country to rely more heavily on the Middle East for oil.

“There certainly is some good news in oil security for now, but the nature of the business means that it is imperative to look ahead,” she said. “And there we see some causes for concern.”"

Timothy Cama reports for The Hill July 14, 2014.

Wednesday, July 16, 2014