America needs affordable and plentiful energy if we are to ever succeed in today's global economy. The Federal Department of Energy (DOE) has been a colossal failure by its own yardstick. Formed in the 1970's when the U.S. imported about 30% of its oil supply, its mantra was to "eliminate U.S. dependency on foreign oil". Today we import over 70% of our oil.
The massive investment of our tax money into alternative energy sources has yet to produce any affordable solutions for our transportation energy needs. We must expand our domestic oil and gas production capacity. This will increase our energy independence, create jobs today for Americans, and provide us with affordable energy with which we can grow our economy.