The following content is sponsored by Surge Battery Metals.
The History of U.S. Energy Independence
Energy independence has long been a part of America’s political history and foreign policy, especially since the 1970s.
Despite long being a leader in energy production, the U.S. has often still relied on oil imports to meet its growing needs. This “energy dependence” left the country and American consumers vulnerable to supply disruptions and oil price shocks.
The above infographic from Surge Battery Metals traces the history of U.S. energy independence, highlighting key events that shaped the country’s import reliance for oil. This is part one of three infographics in the Energy Independence Series.
How the U.S. Became Energy Dependent
Oil was first commercially drilled in the U.S. in 1859, when Colonel Edwin Drake developed an oil well in Titusville, Pennsylvania.
Twenty years later in 1880, the U.S. was responsible for 85% of global crude oil production and refining. But over the next century, the country became increasingly dependent on oil imports.
Here are some key events that affected America’s oil dependence and foreign policy during that time according to the Council on Foreign Relations:
- 1908: Henry Ford invented the Model T, the world’s first mass-produced and affordable car.
- 1914-1918: The U.S. began importing small quantities of oil from Mexico to meet the demands of World War I and domestic consumption.
- 1942: In efforts to save gas and fuel for World War II, the Office of Defense Transportation implemented a (Read more...)