Thursday, May 17, 2007

What's So Great About Energy Self-Sufficiency?

Energy self-suffi­ciency is the idea of the U.S. supplying all, or nearly all, of its own energy needs. The public reacts enthusiastically to the idea in polls, which is why every president since Richard Nixon has announced energy indepen­dence as a distant goal.

We seldom hear self-sufficiency lauded in connection with other essential goods, like automobiles, airplanes, food, or medicines. The U.S. currently imports about one-fourth of its timber—required for building homes and printing newspapers, books, and magazines. But we don’t hear calls for “ending our dependence on for­eign timber.”

~Steven Hayward of the American Enterprise Institute, Q&A: Energy Independence


At 5/17/2007 2:29 PM, Anonymous Anonymous said...

Doesn't the fact that we are importing our energy resources from a cartel outweigh the efficiencies gained in a free market operation

At 5/17/2007 2:55 PM, Blogger Mark J. Perry said...

Note: We only get about 40-44% of our oil from OPEC. We get about 33% from Mexico and Canada. Between the U.S., Canada and Mexico we get about 56% of our oil, see the
oil statistics here.


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