Recently the United States Senate began to debate a bill I introduced called the Energy Savings and Industrial Competitiveness Act. This bill—the first major piece of energy legislation to come to the Senate floor in six years—is the next step in the all-of-the-above energy strategy we need to achieve energy independence.
We were reminded again over the past few weeks why that energy independence is so important. The Middle East, where much of our energy comes from, is often a volatile and unstable region. Since our economy depends on cheap, reliable sources of energy, disruptions in places like Syria have consequences far beyond their borders, often leading directly to an increase in the price of oil, with effects throughout markets of every kind.
We should not be held hostage to events happening a world away.