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Recent advances in energy production technology have driven a remarkable achievement: since 2008, American oil production has more than doubled and natural gas production is up about 24 percent. Directional drilling, horizontal drilling, hydraulic fracturing, and radical new advances in offshore platform technology and global positioning software have revolutionized both onshore and offshore oil and gas production. These advances have required considerable capital investment that would have been less likely in a nation constrained by a cap‐and‐trade or carbon‐tax system. Please join us for an informed look at recent successes in energy production, their implications for public policy, and strategies to maintain America’s global leadership.