Why america depends on foreign oil




















The State Department will also incorporate climate change as a national security threat in its Quadrennial Diplomacy and Development Review. And in September the CIA created the Center on Climate Change and National Security to provide guidance to policymakers surrounding the national security impact of global warming. Leading Iraq and Afghanistan military veterans also advocate climate and clean-energy policies because they understand that such reform is essential to make us safer.

Many major oil companies and their trade association, the American Petroleum Institute, are some of the most vocal opponents of increasing American energy independence and reducing global warming pollution. The companies are spending record amounts on lobbying to stop clean-energy and climate legislation.

In reality, passing clean-energy and pollution reduction legislation will be affordable and even save consumers money while creating a net of 1. The United States has an opportunity right now to reduce its dependence on foreign oil by adopting clean-energy and global warming pollution reduction policies that would spur economic recovery and long-term sustainable growth.

With a struggling economy and record unemployment, we need that money invested here to enhance our economic competitiveness. Instead of sending money abroad for oil, investing in clean-energy technology innovation would boost growth and create jobs.

Reducing oil imports through clean-energy reform would reduce money sent overseas for oil, keep more money at home for investments, and cut global warming pollution. This government-induced spending will come primarily from the private sector, and the investments would create jobs and help reduce oil dependence. And by creating the conditions for a strong economic recovery , such as creating more finance for energy retrofits and energy-saving projects and establishing loans for manufacturing low-carbon products, we can give the United States the advantage in the clean-energy race.

Investing in a clean-energy economy is the clear path toward re-establishing our economic stability and strengthening our national security.

Pete Ogden , Howard Marano. Madeline Shepherd Director, Government Affairs. Download this memo pdf A recent report on the November U. Twitter Facebook Email.

There are three basic elements to achieving this goal: Increasing domestic production of oil. Crude oil production has grown each year the President has been in office to its highest level in 17 years in see chart above.

In fact, over the past four years, domestic oil supply growth has accounted for over one-third of global oil production growth. Developing substitutes for oil. Increase energy efficiency to reduce the use of oil overall. With a combination of the stronger fuel efficiency standards and investments in cutting edge technologies, we currently have the most fuel efficient light-duty vehicle fleet ever, and we are working to increase the efficiency of the medium- and heavy-duty fleet as well.

Every barrel of oil or cubic foot of gas that we produce at home instead of importing from abroad means: More jobs. Creates American jobs, adds to our national income, and reduces our trade deficit.

Nearly 35, jobs have been created over the past four years in oil and gas extraction alone, with more jobs along the crude oil supply chain. North Dakota, for instance, has achieved the lowest unemployment rate in the nation 3. However, largely because of declines in domestic crude oil production and corresponding increases in crude oil imports, EIA expects the United States to return to being a net petroleum importer on an annual basis in both and EIA expects that increasing crude oil imports will drive the growth in net petroleum imports in and and more than offset changes in refined product net trade.

EIA forecasts that net imports of crude oil will increase from its average of 2. Compared with crude oil trade, net exports of refined petroleum products did not change as much during On an annual average basis, U.

EIA forecasts that net petroleum product exports will average 3.



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