That started with Reagan, who was happy to buy Saudi Oil rather than try and change the USA's energy picture. Sure. No security issue there.
So now we're selling our chip-making infrastructure. But what's one more attack vector? We're already dependent on chips made in China and software coded in India. I guess having our supplies cut off by Abu Dhabi couldn't be much worse.
It's all about moneyed interests. Countries are an illusion designed to keep the little people from revolting, which will continue to work until there's not enough affordable oil to keep cheap food, entertainment and drugs coming down the pipeline. After that, all bets are off.