Let’s not take today’s energy security for granted ...Middle East

The Hill - News

Unrest in the Middle East has people talking about oil. But what are the implications for U.S. energy security after the recent events in Israel and Gaza? Although the conflict in Israel hardly moved crude oil prices, Americans should not rest on our laurels and assume energy security happens automatically. Energy security in the years to come depends on establishing pro-energy domestic policies today. As a starting point, let’s appreciate the energy security we have today. High interest rates and global recession jitters are enough to fog up the oil demand windshield and dampen prices, all things being equal. The supply picture much more clearly provides two key reasons why crude o

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Let’s not take today’s energy security for granted ...Middle East

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