White House Brags That America Is Producing More Oil and Gas Than Ever

The price of oil is at an all time high as Russia's invasion of Ukraine continues to send ripples through the global supply chain.

It's a telling moment, considering that most of the world has been working to end its dependence on fossil fuels, but now countries are racing to secure oil supplies from elsewhere.

The Biden administration is doubling down on its claim that the United States has a record amount of oil and gas.

The White House press secretary said on Sunday that the US production of natural gas and oil is approaching a record.

As the international community works to distance itself from Russia after the invasion, it is now looking to diminish or end its reliance on Russian oil, which is proving difficult.

The US imported eight percent of its oil supply from the Eastern European nation.

The price of a barrel of oil hit $139 this week, after the US said it would ban Russian oil and gas in order to make up the difference.

Despite the severing of diplomatic ties, senior US officials met with the leaders of Venezuela over the weekend in hopes of securing oil imports.

Germany is in more of a dilemma.

European supply of energy for heat generation, mobility, power supply and industry cannot be secured in any other way, according to the German chancellor.

The Western world is still dependent on Russian oil, which could be in danger if the violence in Ukraine continues.

Does it have to be this way? The United States is in dire need of an answer to its problems, and it is ending its reliance on fossil fuels once and for all.

The Biden administration seems to be aware of that fact.

The only way to protect the US over the long term is to become energy independent.

Europeans don't like the idea of a Russian energy ban.

After Russia targets power plants, we need more nuclear energy, says Musk.

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