Mitt Romney sees path to energy independence

Courtesy of Jae Hong

Los Angeles Times - Mitt Romney will unveil an energy plan Thursday that he says will allow North America to be energy independent by 2020 and decrease costs to consumers by increasing domestic production. The plan, released to reporters Wednesday, includes approving the Keystone XL pipeline bringing oil from Canada to Texas — President Obama has put off a decision until after the election — and increasing domestic production to spur job growth. Romney outlined a handful of specifics to accomplish his goals, among them streamlining existing environmental laws and "aggressively" opening new offshore areas for drilling, starting with Virginia and the Carolinas. The 21-page plan also calls for allowing the states, rather than the federal government, to handle permitting and oversight of energy production, and for conducting a full assessment of the nation's untapped energy resources. The plan is focused on supply, not demand. Read More News New Mexico

Mitt Romney sees path to energy independence