SAFE: More oil production doesn’t guarantee US security

More US oil production potentially could provide real security benefits, but the nation will continue to be affected by global events, Securing America’s Future Energy (SAFE) said in a recent report.

The study, “Oil Security 2025: US National Security Policy in an Era of Oil Abundance,” was the first to analyze the US production boom in the national security context, SAFE said. The report was released Jan. 15 in New York by SAFE’s energy and geopolitics commission.

“The United States will only experience the full benefits of the domestic oil boom by working to help improve stability in the global oil market and decrease the nation’s exposure to it,” the committee’s co-chairmen—Dennis Blair, a former US National Intelligence Director, and Michael W. Hagee, a former US Marine Corps Commandant—said in a joint statement issued with the study.

“Our political leaders should prioritize long-term political stability in major oil-producing regions, enhance the international community’s capability to respond to oil supply crises that will inevitably occur, and diversify energy sources in the transportation sector away from oil to electricity and natural gas,” they suggested.

Contact Nick Snow at nicks@pennwell.com.

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