One America News posted an article today about the impact of developing America’s oil resources.
The article reports:
So what is the impact of this? America i s exporting more than 1.7 million barrels per day of oil. Hopefully this will end some of our cozy relationships with tyrants who rule oil-producing countries in other parts of the world.
The article further reports:
The article also notes that the increase in our oil exports give America an advantage in both international trade and diplomacy. There is a concern that the increased exports will cause fuel costs in America to rise, but the Trump administration believes that the deregulation of prices will prevent that from happening.
Energy independence is a good thing. Being able to export oil you don’t need is an even better thing!