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How Democrats Can Shield The American Economy And The American People From The World Oil Market

By isolating the North American oil market, capping domestic oil near pre-Iran war prices, and putting consumers ahead of oil company windfall profits, Democrats can help drive gasoline back under 3 dollars a gallon and stop another inflation spiral before it takes hold.

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SARASOTA, Floridaย โ€” Congressional and Senate Democrats should immediately introduce legislation to protect American consumers from the oil price spike caused by the war with Iran.

They should hold press conferences and incorporate this legislation into their re-election campaigns.

Not someday.

Not after months of hearings.

Now.

Democrats cannot end the war overnight.

They cannot control every military decision in the Middle East.

They cannot stop every hostile act by Iran, every threat to shipping lanes, every move by OPEC, or every panic reaction in the world oil market.

But Democrats can do something enormous.

They can introduce legislation that buffers American families and the American economy from the damage this war is already causing through oil prices.

They can stand together, hold a national press conference, and announce to the American people:

We are introducing legislation to protect you from war-driven oil prices.

We are introducing legislation to prevent the war with Iran from turning into another inflation shock in your gas tank, your grocery bill, your delivery costs, your business expenses, and your household budget.

We are introducing legislation to make sure North American energy serves North American consumers first.

That is how Democrats become the heroes on this issue.

Call it a North American Energy Shield.

But here is what that means in plain English:

The United States and Canada should isolate the North American oil market from the world oil market, satisfy North American demand first, and cap domestic oil somewhere in the $60 to $70 per barrel range, roughly where oil prices were before the war with Iran caused prices to spike.

That is the whole point.

Oil companies were already making strong profits at pre-Iran war prices.

They were producing.

They were investing.

They were doing great.

Now they are collecting windfall profits because war has driven up global prices.

They have made enough windfall profits.

American families should not be forced to pay war-inflated prices at the pump when North America has the energy resources within our borders to protect its own consumers and economy.

That is the legislation Democrats should put in front of the American people and on the House and Senate floors.

Quickly.

Clearly.

Publicly.

For years, leaders in both parties have talked about energy independence.

Democrats have pointed to record domestic production.

Republicans have talked about energy dominance.

Presidents in both parties have said America should not be dependent on unstable foreign oil markets.

Fine.

Then let energy independence mean something.

What good is energy independence if American families still pay world-market crisis prices every time war in the Middle East or any other disruption drives up world oil prices?

The war with Iran has caused oil prices to spike.

That spike does not stay on Wall Street.

It comes home.

It shows up in gasoline prices.

It shows up in diesel prices.

It shows up in trucking.

It shows up in food.

It shows up in manufacturing.

It shows up in delivery costs.

It shows up in airline costs.

It shows up in the price of nearly everything families buy.

When oil prices spike, inflation follows.

And when inflation follows, working families pay first.

That is what Democrats should say plainly.

The United States and Canada are both major energy producers.

Both countries currently export significant amounts of oil.

Both countries can help protect their own consumers from the worst effects of crisis pricing in the world oil market. Our economies are so intertwined that it would be better if we shared an isolated oil market.

They should frame it as a North American solution.

Congressional and Senate Democrats should introduce legislation and then reach out quickly to Canadian leaders, parties, energy policy voices, and Canadian government contacts.

They should say:

We are introducing legislation to isolate the United States and Canadian oil market from the world oil market. Let us make this a North American Energy Shield. Let us protect North American consumers first.

The United States should not wait for the president to lead.

Congressional and Senate Democrats should lead.

Introducing the bill, holding the press conference, and putting the plan in front of the American public.

The United States and Canada should move together, but America should not wait for Canada.

If the United States can act without Canada, it should. But both countries would be stronger together.

A separate North American oil market, isolated from the world oil market, would mean American and Canadian consumers would no longer be forced to pay war-inflated world prices when both countries are producing and exporting large amounts of oil.

This should not be framed as a temporary gimmick.

It should be framed as a permanent correction to a broken energy market.

For decades, Americans were told that energy independence would make us stronger, safer, and more economically secure.

Well, if the United States and Canada are both producing and exporting large amounts of oil, why are American and Canadian consumers still forced to pay world-market crisis prices every time a war, a terrorist threat, a shipping disruption, Iranian escalation, or OPEC maneuver sends global oil prices higher?

That is the problem Democrats should put directly in front of the American people now.

Own it.

Take credit for it.

This plan should quickly bring gasoline prices back under $3 a gallon.

That is the sentence Democrats should not be afraid to say.

The political and economic principle is clear:

The United States and Canada should not remain trapped in a world oil market where North Americans conserve energy, buy efficient cars, drive electric vehicles, install solar panels, replace light bulbs, improve building efficiency, reduce demand, and then still get punished at the pump because war breaks out and the oil industry collects windfall profits.

The American people earned this protection.

They earned it through decades of changes in habits, technology, standards, and choices.

Every gallon of gasoline not burned reduces domestic demand.

Every electric vehicle reduces oil demand.

Every solar panel helps.

Every efficient home helps.

Every efficient business helps.

Every conservation decision helps.

Every technological improvement helps.

The American people did not make all those changes so oil companies could collect larger windfall profits whenever war breaks out overseas.

They made those changes so America could become more resilient.

So let resilience mean something.

The reward should not all go to oil companies selling into a crisis-priced global market. That gives them an incentive to benefit from war.

That is why isolating the North American oil market makes sense.

It turns decades of energy progress into real economic protection.

The policy is simple:

North American energy serves North American consumers first.

Before oil produced here is exported to a crisis-driven world market, North American demand must be met.

Before inflation spreads through transportation, food, manufacturing, and retail, American families should be protected.

That is the point.

This is not anti-energy.

It is not anti-oil worker.

It is not anti-business.

It is pro-consumer.

Pro worker.

Pro farmer.

Pro trucker.

Pro small business.

Pro family.

Pro economic stability.

And yes, pro-American and pro-national security.

Democrats should say:

We support conservation, efficiency, solar, wind, electric vehicles, and cleaner technology.

We support a long-term transition to a more stable energy future.

But we do not support oil company windfall profits created by war while American families pay the bill.

This proposal also strengthens the case for conservation and clean energy.

If North American demand must be satisfied before excess oil can be sold into higher-priced global markets, then every barrel saved at home matters.

The less oil North America needs at home, the more economic freedom we gain.

That is a message Democrats can take to voters.

Republicans talk about drilling.

Democrats should talk about protecting consumers.

Republicans talk about energy dominance.

Democrats should talk about energy security.

Republicans have allowed oil companies to profit from the crisis.

Democrats should insist that energy independence benefit the people who actually pay the bills.

That is much stronger than simply blaming world events.

It says Democrats have a plan.

The legislation should include several core principles.

First, North American demand should be satisfied before expanding exports into global-crisis markets.

Second, domestic oil prices should be capped at a pre-war benchmark, somewhere in the $60 to $70 per barrel range, enough to preserve industry profitability without forcing consumers to pay war-inflated prices.

Third, the United States should immediately open discussions with Canada to coordinate a North American consumer-first energy framework.

Fourth, Mexico should be invited to the discussion if it strengthens the market structure and protects consumers.

Fifth, Congress should require transparency on oil company windfall profits during international energy disruptions.

Sixth, the policy should be paired with accelerated conservation, clean energy, and efficiency measures to reduce domestic demand over time.

This is how Democrats can connect pocketbook economics, national security, energy independence, and climate responsibility.

Build a cleaner future faster.

The political opportunity is enormous.

Democrats can say to voters:

We cannot control every war.

We cannot stop every global oil shock.

But we can protect you from being financially punished by one.

We can make energy independence mean something.

That is a winning message.

And it is a governing message.

It gives mainstream Democrats a powerful economic tool at a moment when many are being challenged by ideological opponents who talk about justice but too often ignore the immediate economic pain of working families.

This proposal speaks to the actual lives of voters.

This could mean a bigger Democratic win in November.

If Democrats want to look like the party fighting for working families, they should fight here.

Quickly.

Publicly.

With legislation.

This is also a political opportunity for mainstream Democrats.

Many Democratic members of Congress and candidates are facing primary challenges from ideological opponents who speak loudly about justice but too often ignore the practical economic pain of working families.

This proposal gives Democrats something concrete to say.

Not just:

Nothing we can do; it is a world oil market.

That is not good enough.

Democrats can say something stronger:

We are introducing legislation to isolate the North American oil market from world crisis pricing.

We are introducing legislation to cap domestic oil in the $60 to $70 per barrel range.

We are introducing legislation to bring gasoline prices back under $3 a gallon.

We are introducing legislation to stop oil companies from turning war into windfall profits while families pay the bill.

That is a real proposal.

That is a headline.

That is a press conference.

That is a campaign issue.

That is something voters can understand.

But Democrats should not wait for perfection before stepping forward.

They should put the idea in the public forum now.

At the same time, their staff can put this in legislative language, put it on the floor as emergency action, and vote.

They can reach out to Canadian counterparts.

If Canada does not respond quickly, move ahead without them, but include provisions in the bill to incorporate Canada when they do.

The candidates who move first will have the advantage.

They will be able to say they fought to protect families from higher gasoline prices, higher food prices, higher transportation costs, and another inflation shock.

They will be able to say they stood with consumers instead of oil company windfall profits.

That is how Democrats can turn energy independence into a working family issue.

That is how Democrats can make this proposal real.

And that is how Democrats can lead.

Democrats should not merely talk about this.

Introduce legislation.

Several Congressional and Senate Democrats should stand together at a press conference and announce it to the country.

They should explain it in plain English.

They should say:

We are introducing legislation to isolate the North American oil market from world crisis pricing.

We are introducing legislation to cap domestic oil in the $60 to $70 per barrel range.

We are introducing legislation to bring gasoline prices back under $3 a gallon.

We are introducing legislation to stop oil companies from turning war into windfall profits while families pay the bill.

Then they should put the pressure where it belongs.

Let the American people hear it.

If Democrats announce this clearly, loudly, and quickly enough, some Republicans will join in, and the leaders in the House and Senate will not have a choice but to put it on the floor for a vote.

Enough Republicans are facing voters soon enough that they will not want to be seen blocking a bill designed to bring gas prices back under $3 a gallon.

So Democrats should take this and own it.

If Republicans join them, welcome them, but the American people will know this came from the Democrats.

The point is to protect the American consumer and the American economy.

Democrats, this is your opportunity.

If Congressional and Senate Democrats introduce this legislation in June, push it hard, build public pressure for a vote, get it passed in June, and implement it in July, the political and economic impact could be enormous.

The American people would see Democrats acting to protect them.

Gasoline prices should move back under $3 a gallon.

Oil companies would still be profitable.

And โ€œdrill baby drillโ€ would take on a very different meaning.

If the North American market is isolated from the world oil market, then additional American and Canadian production will help North American consumers. More production would put downward pressure on domestic prices and not simply feed the world market, while American families remain exposed to global crisis pricing.

That is the difference.

Under a North American Energy Shield, North American consumers would finally benefit of North American production, conservation, efficiency, and energy independence.

That is the promise Democrats should make real.

They may not be able to end the war with Iran.

But they can help prevent that war from punishing American families at the pump, in the grocery store, in delivery costs, in trucking costs, in small-business costs, and throughout the economy.

They can help save the American economy from the domestic economic shock of the war.

That is how Democrats become the heroes of this moment.

By introducing legislation first and forcing the country to respond.

The United States and Canada have the resources, technology, infrastructure, and market power to protect North American consumers from some of the worst effects of global oil instability.

That means a stronger economy.

That is the message Democrats should take to voters.

And that is how Democrats can turn energy independence from a slogan into an actual shield for the American people.

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Mitch Mallett
Mitch Mallett
Mitch Mallett is president of the Sarasota Manatee Democratic Jewish Caucus and serves on the Florida Democratic Jewish Caucus state board. He writes on Israel, democracy, and political dialogue in progressive spaces, and founded the online community โ€œWe Are Progressive, Liberal, Woke and Pro Israel,โ€ which has more than 5,000 members.

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