AMERICAN ENERGY INDEPENDENCE IS AT STAKE
Our energy industry has not been immune to the fallout of the coronavirus pandemic. Plummeting global demand and bad-faith actions from Russia and Saudi Arabia have put American energy independence at risk, which threatens thousands of jobs and our economy. We need to take serious action to save the energy industry.
I wrote recently about the need for an American energy policy to respond to the unprecedented threats facing the energy sector. These policies will not save American energy independence unilaterally, but they will go a long way to help the smaller producers who call Texas home. If we do not take action soon, America will return to relying upon Saudi Arabia and Russia for our energy needs. That is bad for both our environment and our economy.
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