The price of oil is through the roof as Russia’s invasion of Ukraine continues to send ripples through the global supply chain. The international community is looking to lessen or end its reliance on Russian oil, which is proving predictably difficult. In 2021, the US imported about eight percent of its oil supply from the Eastern European nation alone. The answer to the United States’ woes is to end the reliance on fossil fuels once and for all, regardless of where it’s being imported from, the Biden administration says. The only way to protect US over the long term is to become energy independent, Psaki wrote in her Sunday announcement. In short, the Western world is still extremely reliant on Russia oil, but does it have to be this way? . . .
Read more at futurism.com
