American consumers are still suffering from record gasoline prices as the summer driving season kicks off. President Biden recently proclaimed that these prices were driving an “incredible transition” that will make the world “stronger and less reliant on fossil fuels.” The unfortunate reality is that oil is as secure as it gets. America should expand production of cleaner alternatives, but it is dangerous to expect more security from sources far less flexible and far more tenuous than America’s oil supplies.
Although burning oil causes pollution, the great advantage of oil is its energy density. Little space is needed to fit much energy, which makes it easy to transport and store. Oil is the energy you can carry with you. That’s why oil provides virtually all the energy for international shipping and travel, powering airplanes and vessels that make our global economy possible.
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