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“Drill, Baby Drill” = Optimal Energy Strategy

Civitas Institute
January 26, 2026
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Steven Hayward at the Civitas Institute charts the remarkable transformation of the U.S. from energy beggar importing 75 percent of its crude oil into the world’s foremost producer and a major exporter of oil and natural gas. Out the window are “Peak Oil” theory, ever-higher energy prices and the green energy obsession. Plentiful affordable energy is now driving an American industrial revival and enabling the U.S. to lead the AI revolution.

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