Why Isn't America Investing In New Sources of Domestic Energy?

The Financial Times reports that China is poised to move forward with massive investments in coal-to-oil technology. If that happens, America's biggest economic competitor will be on the brink of creating a serious economic advantage for itself over us, in that they will be developing a stable, domestic source of energy, while our economy will still be held hostage to the international oil profiteers. Why hasn't America invested in this technology? It is a good question.

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