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The Iran Conflict Exposed America's Major Energy Weakness: Global Oil
Despite President Donald Trump ramping up domestic energy production in his second term, the recent conflict with Iran has exposed America’s deep dependence on global oil and international waterways.
It’s increasingly clear the nation cannot afford another protracted war in the Middle East. We’re still nursing our wounds from the last saga under former Presidents George W. Bush and Barack Obama.
Even the mere appearance of a drawn-out affair has caused enough chaos to distract from Trump’s entire domestic agenda. Following the start of “Operation Epic Fury,” oil skyrocketed to a peak of $120 per barrel due to speculation, uncertainty, and panic.
Trump and Energy Secretary Chris Wright temporarily calmed the waters with promises to tap the Strategic Petroleum Reserve, yet that hasn’t fully kicked in yet.
The commander-in-chief later issued a 60-day waiver of the Jones Act, which forces America to use U.S.-built and operated ships for transporting goods between American ports. Although the waiver was a smart move, gas prices are still hovering near $100 per barrel.
As long as Democrats, the media, and conservative skeptics keep expressing concern about the Middle East, such moves will only provide minimal relief. Detractors have a right to be worried, especially considering that if Iran’s Abadan refinery were to be bombed or severely damaged, prices would rise even more.
Even Trump’s repeated promises to end the conflict — and his deep resolve to keep the Strait of Hormuz operational — hasn’t stopped gasoline from rising.
You’d think oil-rich states like Texas would be less affected, yet certain areas have seen prices jump by over $1 per gallon in only 30 days.
Perception is reality. Reality is perception.
So how can the United States permanently secure its energy future?
It starts........
