Talks about a sobering scenario, called Oil Shock Wave played out at the National Summit on Energy Security that simulated a cabinet level crisis meeting following an oil supply disruption that illustrated the profound dependence of our society to imported crude oil and all the vulnerabilities that result from that unhealthy dependence.
The Energy Security Leadership Council (ESLC), a project of Securing America’s Future Energy (SAFE), recently released a study entitled Economic Impact of the Energy Security Leadership Council’s National Strategy for Energy Security. The paper, a long-term macroeconomic analysis of policy proposals put forward by the ESLC last September, finds that the U.S. economy would benefit substantially over the long term from implementation of the ESLC policy package.
