“Safety and certainty in oil lie in variety and variety alone.” Winston Churchill1
It was as First Lord of the Admiralty, leading up to World War I, and in the context of the British Navy’s new dependence upon imported fuel oil from Persia, that Winston Churchill declared that energy security lay in a variety of oil suppliers.
For decades, this proclamation held true. However, the paradigm of energy security has changed. Energy security today requires not just a variety of energy suppliers, but a variety of energy resources. The United States possesses both and is in a position of strategic energy security.