However, there are existential defense threats for which the nation is not prepared—existential in the sense that they could make the continued functioning of democratic government within U.S. borders nearly impossible.
These threats get short shrift in national strategy, either because they have never occurred before or because there are no easy remedies. Unfortunately, the vulnerability of the U.S. to the threats could make them attractive options for America’s enemies in the future.
There was no panic in the US or worldwide; no skyrocketing, out of control oil prices. Yes, crude prices went up, significantly; but not in a dramatic way, if you consider that the supplies of Saudi Arabia, the leading world exporter, (along with Russia), have just been cut down by 50%! That 50% represents 5% of total world supply. In an environment where strong demand matched tight supply, this sudden shortfall would be a disaster, especially for the US, along with China the leading oil consumer. But right now world oil supplies are not stretched, notwithstanding steady demand, thanks to the US fracking revolution which added millions of barrels of oil a day to global energy markets. More on this in a moment.