Given the energy disruptions in the Middle East and the topsy-turvy fluctuation in the price of crude oil in recent weeks, here are a few facts about the energy scene.
First, “drill, baby, drill” is working. America today is producing more oil and gas than ever. Over the past six years, we’ve produced more than any other nation, including Saudi Arabia. The best way to inoculate ourselves from foreign supply disruptions is to generate every barrel of oil we can here at home. And we have many decades of abundant supply given ever-improving shale drilling techniques.
Second, the Green New Deal…
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