This week’s Middle East headlines are a reminder that oil and gas prices don’t move on supply and demand alone. They move with geopolitics, shipping lanes, insurance rates – and a few narrow chokepoints on the map.
Take the Strait of Hormuz. About one-fifth of the world’s oil and gas flows through it. When conflict disrupts that route, the impact isn’t abstract. It shows up in price spikes at the pump, higher utility costs, and ultimately household bills.
Natural gas isn’t immune either. If a major supplier like Qatar suddenly stops LNG shipments after an attack, buyers scramble and prices can jump overnight.
At the same time, the U.S. is rapidly becoming a global LNG powerhouse, with exports expected to double by the end of the decade. That strengthens allies and reduces reliance on supply from regions prone to instability – but it also means U.S. gas markets will be increasingly tied to global price swings.
That’s one reason expanding domestic clean energy matters. We’ll need all the electrons and molecules we can muster to meet rising demand. But the more power we generate from wind, solar, and storage, the less exposed we are to global shocks – and the more natural gas the U.S. can export to help stabilize global markets while protecting Americans from price volatility at home.
That’s why building more clean energy isn’t just good for economic stability – it strengthens America’s national security as well.
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