Sunday, April 28, 2024

AMERICA NEEDS ENERGY INDEPENDENCE

 

Rx for America

by Lawrence Kadish  •  April 28, 2024 at 4:30 am

(Image source: iStock/Getty Images)

We might start by returning to energy independence. 

The climate would not be hurt one bit: The US has plenty of oil under the ground; we can extract it more cleanly than anyone. 

Instead, we are paying exorbitant prices to, say, Russia for oil that is far dirtier, while the Chinese Communist Party are opening two new coal plants a week

The result, in terms of clean air, is therefore currently either net-zero or, thanks to "protecting" the planet from America's clean oil, actually down.

Additionally, the US outlay for buying overpriced foreign oil and gas for immediate domestic use has simply served to finance both Russia's war on Ukraine, and Iran and Hamas's war on Israel. 

If the US were to start drilling, refining and exporting oil again, its price would go back down to $40 or $50 a barrel, nearly half its current $83 – and Russia and Iran, soon unable to afford their global aggression, would be forced to stop.

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