Energy Independence in the United States

Running head: ENERGY INDEPENDENCE IN THE UNITED STATES 1
Energy Independence in the United States
Student’s Name
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ENERGY INDEPENDENCE IN THE UNITED STATES 2
Energy Independence in the United States
Introduction
The American economy relies heavily on oil, which provides over 40% of all energy
consumed and 98% for transportation. The country consumes over 25% of the world’s oil but
holds only 3% of global reserves. Oil is a fungible global commodity, and its supply and demand
depend on multifaceted events and factors. The United States can safeguard the physical,
economic, and energy security by reducing the dependence on foreign oil supplies. This paper
examines how the United States will reduce foreign dependence through the exploitation of its
domestic oil resources.
Energy independence has been a constant headache for the United States for quite some
time. Ending foreign dependence on oil supply has been an important America’s dream since the
1970s. Nevertheless, the goal has consistently pushed the limits of all the United States’
presidents (O'Rear, Sarica, & Tyner, 2015). The importation of oil from unstable parts of the
world, particularly the Persian Gulf has made many presidents such as George W. Bush and
Barack Obama to address the issues as a threat to national security. To this end, many experts
and economists support the America’s dream to join the leading exporters of oil and gas by 2023.
According to Dunham and Schlosser (2016), the United States predicts that natural gas
production will exceed 15 million barrels per day by 2020. This prediction follows the
combination of tech-savvy methods of digging further and deeper in tracking hidden oil and gas
reserves in America’s soil. The International Energy Agency reported that the United States
would occupy a relatively advantageous position as the world enters a golden age of natural gas
in the coming years.
ENERGY INDEPENDENCE IN THE UNITED STATES 3
The noticeable increase in natural gas production in the United States, U.S-based
industries will use the resource more than oil. This transformation will be significant to the
country’s reduction of oil importation. The firms will use natural gas, which will be a domestic
supply rather than imported oil. According to the Energy Information Administration (EIA), the
provision of internal energy will leverage the efforts of ending the vulnerability of the American
economy in the face of imported energy disruptions (Dunham and Schlosser, 2016). Moreover,
the Advanced Energy Initiative Program that President W. George raised provides a viable
framework to substitute renewable fuels. The program’s aim entails replacing over 75% of U.S
of oil imports from the Middle East with renewable energy such as ethanol among others
(O'Rear, Sarica, & Tyner, 2015). Kobek, Ugarte, and Aguilar (2015) note that the United States
has embraced hydraulic fracturing to exploit shale gas from rock formations, which were
inaccessible several decades ago. The use of such technologies will propel America beyond a
petroleum-based economy.
Conclusion
Dependence on the foreign supply of oil threatens the economic security of the United
States. Oil supply and demand depend on a plethora of factors, which make the product volatile.
For many years, the United States has sought various frameworks of reducing dependence on oil
imports through exploitation and diversification of domestic oil resources. As such, the country
has embraced a combination of technologies to help exploit oil and natural gas reserves
regardless of their accessibility. For instance, the use of hydraulic fracturing has made the
production of shale gas from formerly inaccessible rock formations. These efforts will eventually
lead to energy independence of the United States, despite shifting from a petroleum industry to a
diversified economy.
ENERGY INDEPENDENCE IN THE UNITED STATES 4
References
Dunham, I. M., & Schlosser, K. (2016). Original article: Energy security discourses and
environmental protection measures in U.S. federal energy legislation: An initial
exploration. The Extractive Industries and Society, 386-94.
Kobek, M. P., Ugarte, A., & Aguilar, G. C. (2015). Shale Gas in the United States: Transforming
Energy Security in the Twenty-first Century. Norteamérica, 107-38.
O'Rear, E. G., Sarica, K., & Tyner, W. E. (2015). Analysis of impacts of alternative policies
aimed at increasing US energy independence and reducing GHG emissions. Transport
Policy, 37121-133

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