Even a small interruption of the daily oil supply impacts our nation’s economic engine, but a sustained disruption would alter every aspect of our lives -- from food costs and distribution to what or if we eat, to manufacturing goods and services to freedom of movement.
A new CNA analysis finds if America reduces its current rate of oil consumption by 30 percent, and diversifies its fuel sources, the U.S. economy would be insulated from the impact of such disruptions -- even in the event of a complete shutdown of a strategic chokepoint like the Strait of Hormuz, the international passageway for 33 percent of the world’s seaborne oil shipments.
Members contributing to the report include some of our nation’s highest-ranking retired military leaders with 400 years of collective military experience.
