Foreign Oil And National Security

We saw the importance of foreign oil play in global geopolitics. Many have highlighted issues of national security, dependence on imported foreign oil. Critics say that the dependence on oil to drive our economy makes us vulnerable to oil-producing states, such as the Middle East.

Indeed, many said that our invasion of Iraq was largely fueled by our need for oil from the Middle East. No matter how it may be true, all agree that our need for foreign oil is a huge security problem and national economy.

The gas is probably the best way to get from our dependence. Currently the U.S. has 238 trillion cubic feet of proven gas reserves in the country. There are additional resources estimated 1.8 quadrillion cubic feet of gas under our feet. This reserve could fuel the U.S. economy in coming decades without the need for foreign oil. It would also buy time to develop other renewable sources like wind, solar and biofuels.

Natural gas companies have developed a way to extract gas from shale. Shale gas extraction has become one of the most important to get gas in the United States. However, this method is used in other parts of the world such as Canada and South America. Technology shale gas to compensate for power over gas prices worldwide, making them cheaper in general.