To Have and Have Not: Energy security vs energy independence in a world awash in cheap oil

Not every single oil field in the world is controlled by friendly allies, and if you’ve heard of a group called Islamic State— which as Mike Breen of the Truman Security Project points out is not particularly Islamic and not a state — this slide shows late last year shows the state of oil field ownership in a global hot spot. These are not held by friendly guys, but by some very scary people, and they sell that oil at a discount to fund operations that are not designed with your benefit in mind.