The Eco-left Would Destroy America’s Energy Independence That Is So Clearly Needed

March 17, 2020

According to Market Screener:

Today, 13 U.S. senators, led by Dan Sullivan (R-Alaska) and Kevin Cramer (R-N.D.), wrote Saudi Crown Prince Mohammad bin Salman bin Abdulaziz Al Saud urging the Kingdom of Saudi Arabia to halt its recent efforts to boost oil production and lower crude oil prices as the United States and the rest of the world struggle with the economic impacts of the COVID-19 novel coronavirus pandemic. In recent weeks, Saudi Arabia has been engaged in actions in global energy markets that have led to a sharp decline in global crude oil prices.

The letter was also signed by Senators Lisa Murkowski (R-Alaska), Ron Johnson (R-Wis.), John Cornyn (R-Texas), John Kennedy (R-La.), John Hoeven (R-N.D.), Bill Cassidy (R-La.), John Barrasso (R-Wyo.), Tom Cotton (R-Ark.), James Lankford (R-Okla.), Ted Cruz (R-Texas), and James Inhofe (R-Okla.).

‘As the United States and the rest of the world-including the Kingdom of Saudi Arabia-are dealing with COVID-19 pandemic response, mitigation and prevention efforts, the added impact of unsettled global energy markets is an unwelcome development,’ the senators wrote. ‘The United States has been a strong and reliable partner to the Kingdom for decades. In light of this close strategic relationship, it was greatly concerning to see guidance from the Kingdom’s energy ministry to lower crude prices and boost output capacity. This has contributed to a disruption in global oil prices on top of already hard-hit financial markets.

Power the Future has previously written on the importance of America’s energy independence to our national security. The US went from a nation dependent on imported oil to a net exporter and now the world’s single largest producer of oil and gas.

The eco-left’s recent proposals to ban fracking would take the country back a decade in global diplomacy and destroy more than 14 million jobs, according to a report from the US Chamber of Commerce. Recent events should only highlight the importance of our energy sector and the radical left should stop and take notice.