In the months before he became president, the United States had experienced severe oil and natural gas shortages in many parts of the country, along with periodic electrical power blackouts in California. In addition, oil imports rose to more than 50% of total consumption for the first time in history, provoking great anxiety about the security of the country’s long-term energy supply. The Bush administration has made it a major part of its forgin and domestic policy to ensure there is no disruption of the energy supply. You can argue that its not right but I think few people understand the economic consequences of a disruption in the energy supply, and there hasn't been one.





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