Monday, October 19, 2009

Growing Energy Sources & America's Hope

The United States must care for it's outdoor environment if it is going to succeed in the global markets. An increased number of countries have already risen to the challenge to seek out new sources of energy and now are less dependent on oil as an energy source. Directional guidance by taxation is needed in America and would stimulate further America's possibility for not losing its competitive edge in the world market.
"The United States is the largest oil importer in the world, bringing in 13.5 million barrels per day (mbd), which accounts for 63.5 percent of total U.S. daily consumption (20.6 mbd)" states the Heritage Foundation. Ariel Cohen, Ph.D. states that this "dependence ... on oil is growing, which can have dire consequences for the economic well-being of the United States, our national security, and the American way of life"(Cohen, A, 2007).

Works Cited
Ariel Cohen, P. D. (2007, March 22). The National Security Consequences of Oil Dependency, Heritage Lecture #1021. Retrieved October 19, 2009, from The Heritage Foundation: Leadership for America: http://www.heritage.org/Research/NationalSecurity/hl1021.cfm

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