2011: North Dakota oil boom

January 3, 2012

A key story in 2011 was the growth of North Dakota’s energy sector, which in itself is a metaphor for the energy potential of the entire Western Hemisphere if we have the political will to tap into it.

This is relevant to terror financing because the less money we pay to Saudi Arabia for their oil, the less money that Saudi energy, banking, construction, and government sectors have to divert profits into zakat and sadaqa toward jihadist causes around the world.

We do not need to remain wholly reliant on Wahhabi oil.  The Americas are blessed with natural resources.  We have the ingenuity to exploit those resources in a manner far more sensitive to the environment than how the House of Saud would conduct drilling in Arabia.  The only thing we lack at the moment is the national leadership to authorize expanded domestic energy production.

As documented by economist Mark Perry, North Dakota production has been increasing nicely since 2009, and skyrocketed in 2011:

Domestic drilling works

That’s nice, you say.  But you’re wondering if kicking the addiction to Middle East oil is really possible.  The evidence over the past year suggests that it is, as the U.S. steadily reduced imported oil as a share of its consumption:

Sorry Saudis, we can fuel ourselves

We will have a choice in 2012.  We can continue electing obstructionists like Barack Obama to office who will block the Keystone Pipeline, who will stymie offshore drilling, and who will delay the re-balancing of energy dependence back to our own hemisphere.  Or we can elect somebody who will enable increased energy production in the U.S.

As the North Dakota success demonstrates, the resources are there and we can put more Americans to work in the process.  The best way to eliminate Saudi dependence is self-dependence.

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