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The Obama Administration seems to be unmoved by the fact that according to almost all estimates, by the year 2030, while the world energy demand will increase by 50 percent, oil, gas and coal will still account for 87 percent of world energy.

The EPA of course does not offer solutions to the 87 percent problem and defers to Congress to do so. Surely Congress will find the right solution from a position of knowledge as demonstrated by the honorable Nancy Pelosi who on NBC’s Meet the Press said “I believe in natural gas as a clean, cheap alternative to fossil fuels,” and lest one thought she misspoke, she went on to say in the same interview that natural gas “is cheap, abundant and clean compared to fossil fuels.”

Let me make two predictions which for most who understand energy may generate chuckles for the dearth of daring: By the end of Obama’s first term, oil consumption in the US will rise and the imported portion of that consumption will increase.

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