But because roughly one-fifth of all global oil flows through the Strait of Hormuz, the conflict has caused a temporary shortage of oil and gas. Thankfully, however, President Trump realizes that the solution to this real problem for American families lies right here at home — by increasing production of reliable, affordable American energy.

“We started this conference five years ago to put Alaska on the map for investors and to show that while Alaska is an oil giant, we have so much more to offer the nation and our allies,” Gov. Mike Dunleavy said. “By all accounts, Alaska is back on the map.”