America's Oil Boom: the Economy and the Environment

When the President and Mitt Romney talked about "energy independence" during the recent campaign, it had the sound of an unattainable promise. Now the International Energy Agency says the US will surpass Saudi Arabia's oil production in just five years and be "all but energy self-sufficient" soon after. That means new jobs and economic growth, but renewable fuels and increased efficiency will also have to be part of the picture. If they're not, there could be drastic consequences for the environment and climate change.