Featuring Dov S. Zakheim, Senior Advisor, Center for Strategic and International Studies; Mackenzie Eaglen, Resident Fellow at the Marilyn Ware Center for Security Studies, American Enterprise Institute; Todd Harrison, Senior Fellow, Defense Budget Studies, Center for Strategic and Budgetary Assessments; and Christopher A. Preble, Vice President for Defense and Foreign Policy Studies, Cato Institute; moderated by Kate Brannen, Senior Reporter, Foreign Policy.
In the new issue of Regulation, economist Pierre Lemieux argues that the recent oil price decline is at least partly the result of increased supply from the extraction of shale oil. The increased supply allows the economy to produce more goods, which benefits some people, if not all of them. Thus, contrary to some commentary in the press, cheaper oil prices cannot harm the economy as a whole.
Two long wars, chronic deficits, the financial crisis, the costly drug war, the growth of executive power under Presidents Bush and Obama, and the revelations about NSA abuses, have given rise to a growing libertarian movement in our country – with a greater focus on individual liberty and less government power. David Boaz’s newly released The Libertarian Mind is a comprehensive guide to the history, philosophy, and growth of the libertarian movement, with incisive analyses of today’s most pressing issues and policies.
Featuring: Joseph Caggiano, Senior Consultant, Chevron Energy Technology Company; David K. Bellman, Director of Fundamental Analysis, Corporate Planning and Budgeting, American Electric Power; and Richard Gordon, Professor Emeritus of Mineral Economics, Pennsylvania State University.
Last summer, the National Petroleum Council issued a report titled “Facing the Hard Truths about Energy.” The 380-page study, which was put together under the direction of former ExxonMobil CEO Lee Raymond, included the work of 350 contributors (two-thirds of whom came from outside the oil and gas field) who availed themselves of the expertise of more than 1,000 third parties involved in the energy sector. The findings? If the world is going to meet the energy demands of 2030, it will require Herculean efforts from both private and public actors. How realistic is the study’s assessment of the future? How reliable is the policy blueprint being forwarded? Joseph Caggiano and David Bellman–both of whom helped put the report together–will discuss the study’s findings, and Richard Gordon–winner of an outstanding lifetime achievement award from the International Association for Energy Economics (1992)-will provide an independent assessment.