Strategic Implications for U.S. - Persian Gulf Relations on Domestic and Worldwide Oil Production for Future U.S. Oil Demand

摘要

The U.S. dependence on oil imports is examined in light of current U.S. oil production, its potential for future discoveries, and the availability of oil products form Venezuela, Mexico, and other South American countries. There is no geologic reason why the U.S. cannot continue to replace its reserves consumed annually, continue conservation efforts reducing its import dependence, and shift its foreign oil supply closer to home, i.e. Mexico and South America. Increasing the price of oil domestically ensures continued exploration and shifting the source of imports reduces the length of SLOC'S carrying critical oil products.