Big changes in U.S. energy policy are looming. Fundamental market-induced changes are afoot that will radically alter not only the energy landscape but also the security, political, and economic terrain.
At this event presented by BRG and the Mosbacher Institute at Texas A&M’s Bush School of Government and Public Service, a distinguished panel offered important analysis on how the energy policy landscape will change over the next decade.
Bill White, former U.S. Deputy Secretary of Energy and mayor of Houston, and a long-time observer of energy policy, kicked off the event with a comparison of how a second Obama Administration’s energy policy would differ from a Romney administration policy. Mr. White’s Washington savvy made him particularly well suited to contrast various approaches to energy policy.
Next, Philip K. Verleger, Jr., a global authority on energy commodity markets and the subject of Thomas Friedman’s February 26 New York Times‘ column on the huge changes that have taken place in America’s energy output, explained why he believes the U.S. will become energy independent by 2023. Read Mr. Verleger’s article in International Economy, “The Amazing Tale of U.S.”
Finally, James M. Griffin, a professor and the director of the Mosbacher Institute at Texas A&M’s Bush School Government and Public Service, discussed the security implications of oil independence.
David Teece acted as moderator.