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Sen. Jeff Merkley's policy plan: America Over a Barrel: Solving Our Oil Vulnerability

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America Over a Barrel – Solving Our Oil Vulnerability, June 14, 2010: “There is near-universal agreement that breaking the United States off of oil should be one of our nation’s top priorities. And yet gas prices remain around $3 per gallon, oil continues to gush into the Gulf of Mexico, and we are still dangerously dependent on foreign oil imported from the Middle East. We face a choice between vulnerability and strength. So far we’ve made energy choices that have exposed us to unnecessary risks, but it’s time for that to change.

  • National Security Risks: Of all the oil used in America each day, 57 percent is imported, and 70 percent of these imports come from outside North America. In total, the United States sends $1 billion a day overseas to fuel our oil habit. The four countries outside of North America that export the most oil to the United States are Saudi Arabia, Venezuela, Nigeria, and Iraq. These are nations that too often do not share our interests and are too unstable to safely make up such a large portion of our energy supply. Rather than sending a billion-dollar check to foreign nations every day, we should be spending that money on American energy solutions that put people to work here at home.”
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