The US's dependence on foreign oil has been a topic
that has been discussed for over 20 years yet there
is no serious solution in place.
The US does not even have an Energy Policy which
would provide some guidance and motivate corporate
initatives in finding alternatives to oil.
Every time there is some headline in the Mid East,
oil prices spike. Currently, turmoil in Libya is driving
up the prices because of the impact that unrest in
Libya could have in Saudi Arabia where most of the
world's oil comes from. Libya also supplies oil - about
2% of the world's supply.
There are many areas of leadership that are needed in
the US. I truly believe that President Obama should
start acting like a Chief Executive Officer of the world's
most powerful conglomerate and start dealing with the
most critical problems facing the US first - the huge
budget deficit, the high unemployement and the
creation of a US Energy Policy which in itself could
create many jobs and foster future growth and future
reliance on the US. This is especially true if the US
develops a viable alternative for oil.
Sheila McKinney
