I’ve been crashing on an exciting piece of analysis that will be out tomorrow. (Well, at least I think it’s exciting.) In the meantime, I wanted to share a couple things.
CFR.org asked four experts, including me, to assess the potential for reduced U.S. oil consumption in light of the Gulf of Mexico spill. Here’s the link. My bottom line is that there’s a lot of potential there, and that we should seize it, but that exploiting it is unlikely to obviate deepwater drilling. Read more »