Consumers pay more for fuel when supply decreases, but demand increases.
Our dependence on foreign oil and gas is higher than it has ever been. Today, America gets 56 percent of its oil from abroad. This is 20 percent more than during the Arab oil embargo of 1973, and 10 percent more than during the Gulf War in 1991. Even worse, the U.S. Department of Energy predicts America will import more than 60 percent of its oil by the year 2020. We can and should prevent this from happening again.