Of all the threats to the United States, reliance on foreign oil emerged as the greatest danger. Until President Donald Trump changed the country’s policies toward energy independence, the country was at the mercy of rogue nations such as Venezuela, Russia, and Iran. Just a cursory look at the former world oil leaders leaps out as a cautionary tale.
Venezuela is a failed socialist experiment that has descended into economic chaos. Russia remains America’s global military rival. Iran’s regime holds rallies chanting “death to America” and sponsors terrorism around the world. Yes, oil independence ranks among the highest national security issues.
Among the true facts that the Obama Administration withheld from everyday Americans is that our oil industry was under siege during his lame duck years. The OPEC cartel, along with Russia, flooded the market with oil surpluses in an effort to drive down prices and bankrupt American companies. The rival entities recognized the Obama Administration was anti-oil even though companies had discovered vast reserves in regions such as Texas. Thanks to innovation, and President Trump changing the policy direction, American companies weathered the economic storm. Today, the nation continues to expand its oil independence.
According to the U.S. Energy Information Administration (EIA), domestic crude oil production topped 12.2 million barrels per day in April. That figure was another uptick from 11.9 million barrels in December 2018, and continues to outpace expectations. So-called experts have consistently under-predicted the crude oil growth inspired by the Trump Administration’s “energy dominance” policies. Reports claimed the country would not achieve today’s levels until deep into 2019. It appears domestic crude will exceed the 13.1 million predicted by the end of 2020 this year. Until President Trump began his historic march that put the U.S. as the number one oil producing nation in the world, crude oil had never reached even 10 million barrels per day.
Although the fake news media declines to report on American oil independence, there is no escaping the hard data of success. According to the EIA, the U.S. utilized a total of 17.67 million barrels of daily petroleum products in 2018.
The top two product groups reportedly break down as follows:
- Crude oil — 10.95 million barrels per day
- Natural gas liquids — 4.35 trillion cubic feet per day
Under Pres. Trump’s quick policy pivot toward higher crude oil production, the country achieved oil independence in July of 2018. Today’s surplus has led to crude oil exports and the ability to sanction oil giants such as Iran, Venezuela, and Russia for misdeeds. Many remember how Obama appeared weak-kneed before the rogue leaders of top oil producing nations. Those days are over unless President Trump is not re-elected.
Today’s oil dominance has allowed Pres. Trump an almost unprecedented level of national security. He has parlayed that into a stronger pro-Israel position, and lucrative partnerships with Saudi Arabia. No longer requiring the benefit of Canadian oil, the president enjoyed a position of strength as he and his economic team reworked the failed NAFTA policy, and replaced it with the more favorable USMCA trade deal.
Oil independence has “allowed the president to make foreign policy decisions that simply were not available to previous presidents, at least not in my lifetime,” Deputy Energy Secretary Dan Brouillette reportedly said. “The freedom that this allows this president, and future presidents … is simply stunning.”
“Our foreign policy choices are affected by our new position in the marketplace,” Brouillette reportedly said. “Those decisions would not have been made if we were still dependent upon others to provide oil and gasoline to the United States.”
The country’s growth in sectors such as natural gas production has also added to its energy dominance. Current rates of natural gas stand at 32 trillion cubic feet per day. The EIA reports the country sits on enough reserves to last upwards of 80 years.
As President Trump entered office, he didn’t just call for energy independence, he called for “Energy Dominance.” Everyday Americans can consider that promise kept. However, America’s winning ways will come to a swift end if a Democrat prevails in the 2020 election.
~ Conservative Zone