Current State of the United States Energy Economy

Environmental Politics
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Environmental Politics
The United States Produces and uses various energy sources with the primary sources being fossil fuels. These comprise petroleum, coal, and natural gas. Electricity is the country’s secondary source produced from these primary sources. Currently, U.S. spends over $1.3 trillion or 6.2 % of the Gross Domestic Product (GDP) on energy (U.S. Energy Administration Information, 2021). The nation heavily relies on fossil fuels (primarily imported crude oil) as its primary energy source. However, COVID-19 has reduced the nation’s economic activity by changing energy production, demand, supply, and cost. For instance, Brent crude oil prices have increased to an average of $ 62 per barrel (U.S. Energy Administration Information, 2021). The rising Brent prices continue to reflect expectations of the increasing oil demand with the rise of COVID-19 vaccination rates and global economic activity.
If I were the president’s advisor, I would focus on the natural gas industry to secure today's energy needs and for the future. Natural gas is the largest source of the country’s electricity genera...