Christopher James writes in The Wall Street Journal that U.S. shale oil and gas are key to a cleaner energy future.
- American oil and gas has a lower environmental footprint than fossil fuels produced overseas.
- The war in Ukraine has reminded us that global energy markets and prices are volatile.
- The United States should protect itself from future price shocks by diversifying our energy portfolio and increasing domestic production of all sources of energy.
“The first and most immediate step is to prioritize North American oil production over imports from less desirable suppliers. Permian Basin shale oil can be brought online quickly to substitute for the absence of Russian oil on global markets. Alongside the obvious security and economic benefits to the West, the oil-and-gas industry has the opportunity to ensure the Permian is the cleanest hydrocarbon source in the world.”
Read the full article here.
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.