Why Energy Dominance Matters More Than Energy Independence - The Well News
Why Energy Dominance Matters More Than Energy Independence - The Well News
Source: The Well News
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DW NOTE
Energy independence means you pump enough to meet domestic needs. Energy dominance means you pump enough to set the global price. With 10-14 million barrels per day still locked behind the Hormuz bottleneck and WTI down 27% from yearly highs despite the ongoing supply loss, the distinction matters: the U.S. is currently absorbing a historic disruption without rationing because it produces 13 million barrels daily and can route them domestically when export economics collapse.