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Publication Date: August 2005
Publisher:
Author(s): Tony Dutzik; Elizabeth Ridlington; Rob Sargent
Research Area: Energy
Keywords: energy cost; oil dependence; transportation
Type: Report
Abstract:
Rising oil prices are pinching the American economy. And, if many oil industry analysts are correct, prices won't be coming back down any time soon. Indeed, it appears that the era of "cheap oil" may well be over. Making Sense of America's Oil Needs examines the long-term oil supply challenges facing the United States and the world and makes the case for short-term, medium-term and long-term strategies to reduce dependence on oil through improved energy efficiency and greater use of renewable energy sources.