Well, maybe 30 years ago when oil was $10 a barrel and natural was $2 a thousand, it was smart to use theirs. But when it's $129 a barrel and $11 for natural gas, I think it's time to produce our own. Americans do not need to be sending all of our resources to these other countries.
John W. Peterson: “Well, maybe 30 years ago when oil was $10 a barrel and natural was $2 a thousand, it was smart to use theirs. But when…”
Editor's note · Context
Discussing the importance of domestic energy production in light of rising oil and natural gas prices.
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