A Free Market Approach to Energy Security
Today, calls for America to become “energy independent” come from across the political spectrum. Among the most important energy-security advocates are conservatives concerned about national security. To make America less “dependent” on energy purchases from unstable regimes, they have proposed a variety of measures aimed at reducing the use of oil. However, rather than make the nation more secure, the proposed measures have the potential to inflict significant economic damage on America, weakening it at a time when national security demands strong economic resilience.