The U.S. has been a net energy importer since 1953, according to the Energy Information Administration.

Shocked face – US projected to become net exporter of energy by 2022 | TheHill

The study also found that economic conditions will be favorable to oil producers in the U.S., with expectations of rising oil prices to boost the industry until 2040. But EIA experts that following 2040, the industry will likely drop due to stalling technological innovations in the sector.

The report also expects that a growing push for increased energy efficiency in the U.S. will put a dent in energy demand. Additionally, the report predicts that a decline in cost in renewable energy production will lead new electricity generation after 2022 to be fueled mostly by renewable resources and natural gas.

Hey, predicting stalling technological innovations 22 years into the future, how do I get a job like that?