One of our priorities should be to reduce our dependence on foreign oil.
The reason you have high oil prices in the United States is that you do not have enough refineries to refine the oil. Do you know that there has not been a refinery built in America in 15 years.
I believe America's chief strategic vulnerability is our dependence on imported petroleum.
The U.S. only has 20 billion barrels of oil in reserve. It seems as though there is no more oil around. Venezuela has 300 billion barrels of oil in reserves. Iraq has, like, 150 billion barrels of oil. Iran, close to 300 billion barrels of reserve. Oil for 200 years, of course.
How the United States chose to deal with its growing reliance on foreign oil would determine its future.
Although most Americans don't know it, the U.S. gets more oil from Canada than it does from the entire Middle East.
Growth in U.S. real imports slowed to about 3 percent in 2006, in part reflecting a drop in real terms in imports of crude oil and petroleum products.
The high prices also highlight the fact that the U.S. is too heavily dependent on fossil fuels that we import from unstable parts of the world. To protect our national security, we must become more energy secure.
India must achieve the real goal?that is energy independence or an economy which will function well within total freedom from oil, gas or coal imports.
The climate, financial and national security crises are all connected. They share the same cause: Our [the USA's] absurd dependency on foreign oil. As long as we need to spend billions of dollars each year to buy foreign oil from state-run oil companies in the Persian Gulf, our problems of a trade deficit, a budget deficit and a climate crisis will persist.
Right now too much American time and resources are spent dealing with situations caused by our dependence on oil that we import from unstable countries.
America is addicted to oil and increasing amounts of this oil comes from abroad. Some of the nations we depend on for oil have unstable governments or are hostile towards the United States.
When it comes to fossil fuels, we're going to find more here and use less. Over time, we're going to become energy independent. I am tired of sending $300 billion overseas to buy oil from people who hate our guts. The choice between a weak economy and a strong environment is a false choice, that is not the choice I'll offer America.
It is clear our nation is reliant upon big foreign oil. More and more of our imports come from overseas.
More customers for Canadian oil means that Canadian producers can charge more for their oil, which then means that American businesses and consumers will pay more for oil.
Simply raising fuel economy standards for passenger cars and light trucks to 33 miles per gallon would eliminate our oil imports from the Persian Gulf.
Every barrel of oil that comes out of those sands in Canada is a barrel of oil that we don't have to buy from a foreign source.
The oil market is especially sensitive even to a hint of expansion or contraction in supply.
A variety of factors contribute to the price of gasoline in the United States. These factors include worldwide supply, demand and competition for crude oil, taxes, regional differences in access to gasoline supplies and environmental regulations.
We import a lot of oil, particularly to eastern Canada, from Saudi Arabia, Kazakhstan, Venezuela, a lot from the U.S. So if we're looking at how do we phase out fossil fuels in the period in which we're phasing them out, let's only use Canadian.
As the cost of gasoline rises and our dependence on foreign oil continues to increase, the effect of sending over $100 billion each year to OPEC nations hurts every American.
We shouldn't be so dependent on foreign oil.
Our national security is at risk when we rely on foreign oil to keep our economy moving forward.
India has reduced its dependence on Iranian oil. I know their refineries have stopped asking for orders to purchase Iranian oil.
If we had continued making progress at the rate we were during the Carter administration, we would be free of oil imports from Saudi Arabia today.
