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SAFE: US economic survival tied to oil, gas production hikes
04/28/2008
Record high crude prices, combined with the declining value of the US dollar and growing signs of a recession, make increased US oil and gas production necessary not only for the nation’s energy security but also for its economic survival, a leading advocacy group told reporters Apr. 17.“Energy security can’t be subjugated to climate change. If we don’t address both, we’ll have neither,” said Robbie Diamond, president and chief executive of Securing America’s Future Energy (SAFE), as the organization released a new report, A Different Type of Price Spike.“While we pursue the health of our planet, we need to protect the health of our economy,...
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