Issues & Insights

America’s Fleeting Energy Independence

Unleash Prosperity Hotline, Issue 211

Excerpt provided by the Committee to Unleash Prosperity. Sign up to receive a free subscription to the full weekday newsletter by clicking here: https://committeetounleashprosperity.com/hotline/

Make Saudi Arabia Great Again

We had heard this statistic – and perhaps you have too – but we didn’t believe it. So we checked the Energy Department official stats and lo, it IS true.

In early January, for the first time in most of our lifetimes, the United States imported a net zero barrels of oil from Saudi Arabia. Zippo! What an amazing testament to Donald Trump’s energy independence agenda and the shale oil and gas revolution that has transformed the American economy. In a good way! Some of us at CTUP remember when the Saudis and OPEC had a blade at our necks with control of the world energy supply.

Enjoy the chart, because, of course, this independence won’t last long. As Joe Biden has told us, we are not allowed to produce oil here in America any longer. The Saudis are smiling.

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  • Biden’s climate plans are energizing national security problems. Emulating California’s energy mistakes will weaken America as the country will be increasing its demands from foreign countries for crude oil supplies and for the materials needed to support the electrification of America. Published Jan 26, 2020 at CFACT https://www.cfact.org/2021/01/26/bidens-climate-plans-are-energizing-national-security-problems/

    Summary: Biden’s climate plan may be energizing national security problems with his efforts toward discouraging U.S. energy independence and place the country’s reliance, like California has done, on foreign countries for America’s energy needs. And, as he moves to electrify virtually everything, America’s needs for the exotic minerals and metals that China controls, to support wind, solar, and EV battery construction, will have America beholden to China and other developing countries for our “clean” energy supplies.

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