The U.S. economy relies heavily on fossil fuel for nearly every aspect of its existence. This over reliance on non-renewable resources combined with a tightening of world supplies makes the U.S. vulnerable to ever greater fluctuations in price which is what is happening right now. No amount of domestic drilling can change that dynamic. Businesses need certainty when it comes to energy prices and oil can no longer provide that type of predictability. The only sensible long term solution is to rapidly convert to a renewable energy economy. Doing so will restore our competitiveness around the world, create thousands of new jobs and make our air safer to breathe and water safer to drink.
This is historical material “frozen in time”. The website is no longer updated and links to external websites and some internal pages may not work.
