https://americanmind.org/salvo/alarm-on-energy/
The Second October War should wake America up to crucial geopolitical realities.
Fifty years ago, in the wake of the Yom Kippur War, the Arab members of OPEC initiated an oil embargo against the United States. The boycott was retribution for America’s support of Israel during its brief war against Egypt and Syria.
What was true in 1973 remains true in the wake of Hamas’s brutal terror attack on Israel on October 7: America’s national strength depends on the availability of cheap, abundant, reliable energy.
Our national security, and that of our allies, depends on energy security. Energy is the economy. We forget these realities at our extreme peril.
Fortunately, some things that were true a half-century ago are no longer so. Over the past decade or so, the geopolitics of energy have shifted dramatically in favor of the U.S., due mainly to the shale revolution. Instead of relying on oil imports, the U.S. has become a huge exporter of both oil and natural gas. We are now exporting about four million barrels of crude oil per day and record amounts of natural gas (about 20 billion cubic feet per day).
Even more remarkably, the U.S. is leading the world in energy efficiency and CO2 reductions. According to the latest Statistical Review of World Energy, per-capita energy consumption in the U.S. fell by about 20 percent between 1973 and 2022. In addition, U.S. CO2 emissions have dropped by about 915 million tons since 2000, the biggest reduction of any country on the planet.
But this progress is being threatened by climate-focused NGOs who are relentlessly promoting “net-zero” schemes that will bankrupt our economy and spell disaster for low- and middle-income Americans, as author Ruy Texeira explains in a trenchant essay, “The working class Isn’t Down with the Green Transition.” Indeed, the grassroots opposition of farmers, factory workers, truck drivers, and construction workers in North America, Europe, and Oceania is already leading to a reassessment of alt-energy policies, most notably in the United Kingdom and Germany.