Perspective
July 22, 2025
The U.S. is in a better position to endure an oil and gas shock
The U.S. has been a net exporter of oil since 2019 and energy-independent for most of the past 15 years. Now, with hostilities having broken out in the Middle East, this resilience will help the U.S. economy weather the impact of any increase in global energy prices.
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