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by danans 82 days ago
> we are already mostly energy independent

The US is the largest oil producer, but also still one of the largest oil importers, and oil prices are set by a global market, so the phrase "energy independent" is at best an accounting trick.

The only way we can get truly energy independent is by electrifying most non fossil fuel requiring end uses and supplying that electricity with renewables or nuclear (from domestically sourced uranium) - basically the direction China is going.

Then we could perhaps decouple a bit from the global oil market assuming our domestic supplies could be channeled towards things like plastics and jet fuel that are hard to replace.

Otherwise we are stuck with the global oil market and its price risks. Reducing animal protection in the Gulf won't change that because US oil producers won't drill unless the can sell at the global oil price.

1 comments

The US should simply ban energy exporting.
> The US should simply ban energy exporting

Why would an oil company go through the trouble (and expense) of oil exploration and extraction if they don't have the right to sell it to the highest bidder anywhere in the world?

They could still satisfy domestic demand.