Oil Dependence Is Dangerous Thing - Essay Example

 Imports increase the fiscal deficit. The authors reiterate that America must reduce its dependence on oil and the money saved can be better utilized for improving the domestic economy which is reeling under recessive trend. Besides that, large import from unstable countries increases the cost and demand for oil that benefits these countries. These countries use the money for their own vested interest and not for development purposes. Most often, they are used for financing terrorist activities.

Reducing oil consumption would stop funding terrorist activities. At the same time, it would also help preserve and conserve the environment. With fewer climate-related disasters like hurricane Katrina, a huge amount would be saved that could be better used for economic recovery. Thus, America would hugely benefit from reducing oil dependency. Reference Lefton, Rebecca, and Weiss, Daniel J. Oil dependence is a dangerous thing. 13 January 2010. http://www.americanprogress.org/issues/2010/01/oil_imports_security.

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