As the world moves towards renewable and alternative energy sources, the United States has an opportunity to boost its economy, national security, and reduce environmental impact by relying more heavily on its own oil resources.

Domestic oil production has the potential to create hundreds of thousands of jobs for American citizens and contribute significantly to the GDP. Estimates show that an increase in domestic production could reduce our imports of oil from abroad by 75% by 2020 and generate $10 billion in taxes. Additionally, a self-reliant energy strategy would reduce expenditure on foreign oil, safeguarding our finances against potential price fluctuations.

The production of domestically extracted oil also provides the US with long-term energy independence, reducing our dependence on foreign sources and strengthening national security. Our current reliance on foreign oil leaves us susceptible to supply disruptions, often caused by political turmoil or natural disasters. With a significant increase in domestic energy production, the US would be better prepared to protect itself from these types of shocks.

Lastly, investing in domestic oil production also has a positive environmental effect. By utilizing improved extraction technologies, such as directional drilling and hydraulic fracturing, the US can reduce the amount of greenhouse gases emitted by 4–7% by 2040. Additionally, carbon emissions can be further reduced by investing in green energy solutions to complement oil production.

In conclusion, the US should rely more heavily on its own oil resources to benefit the economy and support environmental initiatives. By doing so, we can achieve greater energy independence, strengthen our national security, and create a more prosperous economy.