energy independence for u.s.? try energy security
Republican presidential candidate Mitt Romney is more willing to focus on America\'s continued dependence on foreign energy.
Romney announced on 2020: \"I will set the national goal of energy independence in North America by August . \".
The line is now the standard part of Romney\'s campaign speech, which he repeated in his first two debates with President Obama.
With that promise, Romney joined the long lines of the United States. S.
Leaders who preach the virtues of energy independence.
However, few people explain exactly what this goal means.
The fact of a global market is that no country can be completely independent in terms of energy.
Not only does it have to produce all its own oil,
It must also be independent of the global economy.
Like sugar, wheat, gold and other commodities, oil is also sold and sold in the global market.
All the oil produced in the world has become part of the global oil supply;
All used oil comes from the supply of oil.
Global oil prices depend on supply and demand, and prices are basically the same in all countries.
Energy analyst Amy jaffi compares participants in the global oil market to swimmers in the pool.
\"If you\'re in a deep or shallow water area and someone gets water from the pool, it has the same effect on both swimmers,\" Jaffe said . \". \"[It\'s the]
The same is true if we start pouring water.
You are not pouring water into the deep end or the shallow end.
\"For oil, all countries will be affected when total supply falls relative to demand;
The price has gone up.
When supply increases and everyone has enough oil, global prices fall.
Therefore, there is no problem of energy independence in terms of price. Even if the U. S.
If Iran or Saudi Arabia produces as much oil as consumption, then the cessation of oil production in Iran or Saudi Arabia will still push up U. S. oil pricesS.
But there is another way of thinking about energy independence.
If a country produces as much oil as it uses, then it is less susceptible to some foreign shutdown taps.
Jeff, executive director of energy and sustainable development at the University of California, Davis, said this is an important reason why the government wants to reduce its dependence on foreign oil producers.
\"If someone cuts your supply because they don\'t like your foreign policy or don\'t want you to attack a country, it\'s a dangerous thing,\" Jaffe said . \".
But is \"energy independence\" the proper term for describing national goals?
\"I prefer the word energy security,\" Roger Altman said . \" He served as deputy Treasury secretary for President Clinton.
Altman said: \"It means, let\'s take a look at how many of our imports from rogue countries or potential rogue countries that may be hostile to us have dropped to such a point, if the supply is suddenly interrupted or closed, we move on. \' \"The U. S.
On 1973, Arab countries boycotted the United States to protest U. S. military support for Israel in the war against Egypt and Syria.
Americans soon lined up at the gas station.
In response to the Arab oil boycott, President Nixon put forward new national goals in his 1974 State of the Union address.
\"At the end of this decade, in 1980,\" Nixon proposed, \"the United States will no longer rely on any other country to provide the energy we need to work, to heat our homes, let\'s keep our traffic going.
\"The fact that we are still talking about this goal after nearly 40 years shows how hard it is to achieve it.
But there is now reason to believe that energy security may eventually be within reach.
Energy production in the United StatesS.
Is booming, thanks in large part to the new technology of extracting oil and gas from hard oilto-reach deposits.
According to the latest estimates from the United StatesS.
US government Energy Information AgencyS.
Production of oil and other liquid petroleum products will soon surpass Saudi Arabia, the world\'s number one. 1 oil producer.
Meanwhile, oil imports are falling. U. S.
However, energy demand remains high and it may take years for the United States to fully own its own energy supply.
However, even in this case, the United StatesS.
This may greatly improve its energy security, as new production throughout the Western Hemisphere will make the country less vulnerable to blockades in the Middle East or elsewhere.
\"It doesn\'t mean we will never import another barrel of oil outside the Western Hemisphere,\" says Altman, who is now the chairman of Evercore Partners, an investment banking firm.
\"This means that most of our oil imports will come from Canada, Mexico, Brazil, etc, and no matter what happens in the Middle East, there will be no serious adverse effects on our economic stability.
\"This is progress.
It is hard to imagine how a conflict with Brazil or Mexico, not to mention with Canada, could jeopardize the United States. S. energy supply.
However, the strengthening of energy security in supply does not mean energy independence in the economy.
We use less oil in the United States. S.
Today, compared with a decade ago, sources from foreign countries.
But the rise in world oil prices has put the U. S. economy in trouble. S.
Consumers pay more at gas stations and remind them to continue to rely on market events beyond the White House\'s control.