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Fossil Fuels Remain the Lifeblood of the Economy (Guest: Gary Stone)

March 24, 2020

The oil and gas industries are beset by a myriad of economic and political headwinds, but remain vital to U.S. economic prosperity.

Oil, gas, and coal provide 80% of the energy used to power the economy and will remain vital to U.S. economic progress for decades to come. If Democrats control all three branches of government after the 2020 election, the fortunes of the oil and gas industry will be even worse, harming the average people and the United States as a whole.
Author
H. Sterling Burnett, Ph.D., is a Heartland senior fellow on environmental policy and the managing editor of Environment & Climate News.
hsburnett@heartland.org
Author
Gary L. Stone has more than 40 years of diversified technical and managerial experience in the petroleum industry. He is a policy advisor to The Heartland Institute.
gstone@fivestates.com