U.S. Dependence on Foreign Oil Worsens Under Administration's Energy Policies

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Levin Center Identifier
Document Date
2004-06-14
Report Length
14 pages
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Policy Agendas Project Minor Code
Additional, Minority, Dissenting Views
Found Using Methodology
Yes
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Brief Executive Summary
The Special Investigations Division of the House Committee on Oversight and Reform investigate the United States' dependence on oil, exploring the economic, environmental, and national security implications. It discusses the increasing reliance on foreign oil, with demand projected to grow significantly, and imports expected to rise by 86% by 2025. Domestic oil production, on the other hand, is projected to decrease. The report criticizes the administration's proposals, especially the H.R. 6 energy legislation, for being ineffective in addressing this dependence, as it foresees a substantial increase in foreign oil reliance despite these measures.
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Authors–Additional, Minority, Dissenting Views
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