Monday, November 17, 2008

National Security & Oil

I know I'm always talking about going green and that's because I'm a long time tree hugger. Not everyone shares those values so for those who don't, here's another perspective on why reducing our dependence on foreign oil is a good thing. This is quoted from the Wall Street Journal, from the first in a series of articles about dealing with our oil addiction. The article continues with recommendations for action and is worth reading. The following is a quote from the article by Stacy Delo published November 12.

Rep. Roscoe G. Bartlett
(R., Maryland)
Co-Founder and Co-Chairman, Defense Energy Working Group and Congressional Peak Oil Caucus

DIAGNOSIS: American transportation is more than 95% dependent upon oil, a proportion virtually unchanged since the 1973 Arab oil embargo. Americans will have spent $700 billion on oil imports in the last two years. That is more than we spend annually on defense. If that money stayed here, it would generate $7 trillion in economic activity. Clearly, lower oil prices are better for Americans and worse for the governments of OPEC countries, such as Saudi Arabia and Venezuela as well as Russia's military resurgence.

If we reduce our dependence upon oil imports, we eliminate our greatest self-imposed threat to Americans' future economic prosperity and national security. Especially in the absence of price signals, we need leadership at all levels to inspire Americans to continue conserving oil and to innovate to shift our transportation and manufacturing sectors off oil.

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