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Energy security and climate change protection have risen to the forefront of energy policy--linked in time and a perception that both goals can be achieved through the same or similar policies. Although such complementarity can exist for individual technologies, policymakers face a tradeoff...
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We examine the literature that considers the consequences of U.S. reliance on imported oil. We take an approach that covers many ideas about the costs arising from U.S. reliance on imported oil, and we identify which of those ideas have broad support in the economics literature and which ideas...
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This paper compares 10-year backcast projections of U.S. petroleum consumption for the 2000-2009 period based upon a range of functional forms. Although a univariate specification based upon only lagged consumption performed better than most approaches, it provides little value to the...
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