Sam Buchan writes in RealClearPolicy on ways to reduce energy prices.
- The rise in energy prices has led to some policymakers calling for the U.S. to stop exporting American fossil fuels.
- Limiting American fuel supply to the global market is a patchwork fix that will do little to reduce energy prices.
- While there isn’t much that can be done in the short term to alleviate high prices for consumers, policymakers should implement long term solutions to prevent a future energy crisis.
- Long term solutions include approving key infrastructure such as pipelines and refineries and investing in next-generation energy technologies.
Read the full article here.