Improved Oil Security: An Imperative for U.S. Foreign Policy, National Security, and Economic Growth

Geopolitical tensions in the Middle East and rising demand for energy in emerging markets pushed global oil prices in 2011 to their highest annual average in history. Given the near-total dependence of the transportation system on oil, what policies can the United States implement to mitigate the high economic and national security costs of oil price volatility?

In the context of a global oil market increasingly defined by foreign actors and conflicts, what measures are capable of meaningfully and cost-effectively improving U.S. oil security?

Hudson Institute, in cooperation with Securing America's Future Energy (SAFE), held a discussion on improving America's energy security.