The volatile political situation in the Middle East has resulted in gasoline prices of $3.50 to $4.00 a gallon in most of the nation. In a recent interview with Columbia affiliate WVOC, U.S. Senator Jim DeMint says while he is hopeful that countries like Afghanistan and Libya will develop strong democratic governments, the continued unrest and war in the region is hurting American businesses and consumers. DeMint says the situation is a loud wake up call for America to become more energy independent.
A strong proponent of expanding the exploration for natural gas, which he calls a versatile form of clean energy, DeMint says it is time to open up the coast lines around the country for energy exploration.
DeMint says for the long term, the U.S. needs to formulate a strategy aimed at becoming more energy independent, while lowering our national debt. Otherwise, the nation’s position as a world superpower will continue to erode.
For the present, the Obama Adminstration is entertaining the idea of tapping into the nation’s oil reserves in an effort to stabilize gasoline prices.