Why would the United States want to produce its own oil rather than buy from other producers in an era of increasing global trade and economic integration? Answer in a brief paragraph.

Question

Answered

Answer :

GinnyAnswer GinnyAnswer · Answer 1 · 2024-06-16T16:39:07-04:00

The United States wants to produce its own oil for energy security, economic benefits, and strategic resource control.

The United States would want to produce its own oil instead of buying from other producers for several reasons:

Energy Security: By relying on domestic oil production, the U.S. can ensure a stable energy supply and reduce vulnerability to geopolitical disruptions that could affect imported oil.
Economic Benefits: Domestic oil production supports the national economy by creating jobs, boosting GDP, and enhancing energy independence.
Strategic Resource Control: Producing its own oil allows the U.S. to have control over a crucial resource, especially in times of national emergencies or conflicts.

https://brainly.com/question/33481348