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People went back to driving, as you know, went back to using oil and gasoline very quickly. and production wasn t able to keep up. part of it has to do with refinery capacity. there s a lot of reasons. but the fact is that we have been underinvesting in the oil industry for several years, and those chickens are coming home to roost. and we can talk about that also on a worldwide basis. well, what i want to talk to you about now is the fact that the united states has been the top oil-producing nation since 2013. so here we are, nine years later. canada, i think, is the fourth. and so, if we want to move towards oil independence, how do we do that? obviously, we can talk about alternative energy sources, we need to do that. but let s say we take barack obama s approach, which, as you know, was an all of the above approach. we re going to do wind, we re going to do solar, we re going to do oil exploration, we re ....
Going to do nuclear. if we had started doing what barack obama was asking for, let s say, ten years ago, where would we be right now? and where would we be if we can somehow turn the political will in that direction over the next five years? can we move towards oil independence? energy independence? actually, the united states itself is oil independent. we re actually a net exporter of oil products, when you combine refined products and crude oil, and that wasn t necessarily because of any governmental policy. it was simply because oil prices encouraged at a time drilling and production. where we have fallen short is things like nuclear, which has become almost a dirty word and should be a major source of power in this country. we re doing reasonably well on wind and solar, but they have their limitations. but energy in a way is a worldwide product. every country imports or exports energy in one form or another from somewhere else. so we are independent on the rest of the world doing ....
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Moved offshore, could they repatriate the jobs to factories here in the u.s. i m encouraged. neil: democrats say we got a quick fix from the tax cuts and then they re one and done and nothing is happening anymore. all of these corporate guys have stopped giving breaks to workers. you say? no. we re seeing repatriation of jobs, deregulation to encourage jobs neil: you re not dissuaded by the slow down talk? no. the fundamentals of corporate america are strong. look at the marked. it s the other issues, trade and some of the extend issues that may have an impact. there s oil. we could turn on more fracking and strip any of the offsets out there. neil: we ve talked in the past. because of our oil independence-we re more independent, we would have a more severe hit on this iranian ....
Energy project after dirt energy project, or do we really push forward hard with clean energy? no one can take an issue with that very positive and real stance, but the lights in this studio are supplied by a coal fired plant in north dakota and it also supplies 18 states. how else are we going to turn on the lights? we have to have a diverse energy package. oil is here to stay. oil independence plays right into foreign policy. i m short on time. i want to have you both back on the program. we re going to continue these long discussions on this pipeline and i appreciate your time tonight. thank you for joining us. coming up, a vote in chattanooga, tennessee, next week could give labor workers a much needed win in the south. ....