"U.S. crude oil production fell from an average high of 12.2 million barrels per day in 2019 to an average of 11.3 million in 2020. According to the Energy Information Administration, this loss in domestic production will return the United States to being a net petroleum importer in 2021 and 2022. By all accounts, a sizable chunk of this will come from Russia. What is going to happen is, we are going to move from this position where we have been in these past few years where we have had some real energy security here because we have been producing, and we have been producing to the point that we have been able to even supply to our friends and allies. But now, with policies that are taking us in a different direction and still knowing that we need the resource, we are turning to Russia."
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Lawyers from the United StatesMembers of the United States SenateCatholics from the United StatesWomen in lawPoliticians from Alaska
Original Language: English
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Lisa Murkowski
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