To the Editor:
Today, the United States is more than twice as vulnerable to foreign oil imports as it was before the 1973 Arab Oil Embargo.
Jobs and a better economy are at the top of the priority list for Americans.
President Barack Obama could give Americans hundreds of thousands of jobs and hundreds of billions of dollars annually that now go to foreigners for foreign oil imports.
Since Obama was elected president, he has outsourced over $1.3 trillion in jobs and income to foreign countries for oil.
Obama should insource these jobs and income back to the United States.
Obama claims that biofuels can replace oil. He is wrong, of course.
Ethanol production peaked in 2011. Last year, ethanol production was 316,964 thousand barrels, less than 6 percent of our total oil demand of 5,538,344 thousand barrels. It is impossible for ethanol to be above 6 percent of total oil demand.
Seldon B. Graham Jr.