The FP Survey: Energy

How is energy remaking the world?

JULY/AUGUST 2012

For months, headlines have proclaimed a surge in U.S. energy production: Crude oil production in March 2012 was nearly 20 percent higher than it was on average in 2008, increasing from 4.95 million to 5.93 million barrels per day, and it is predicted to keep going up to levels not seen since the 1990s. And shale gas production has risen over the past decade from 2 percent of U.S. natural gas supply to 37 percent. While the United States still imports more than 40 percent of its oil overall, it became a net exporter of petroleum products in 2011 for the first time since 1949, and the U.S. Energy Information Administration projects that the country will become a net exporter of natural gas by 2021. So how will this U.S. uptick affect the geopolitics of energy? We asked some of the world's top experts about the consequences of growing demand in China and growing tension in Iran, the Obama administration's energy record, and -- yes -- oil prices. If they agreed on one thing, it's that we're in the midst of a shake-up of major proportions.  

 

Participants (57): Jonathon Adler, Sarah Anderson, Jay Apt, Maximilian Aufhammer, Erin Baker, Frances Beinecke, Deborah Bleviss, Sanya Carley, Edward Chow, Blake Clayton, Ariel Cohen, Keith Crane, John DeCicco, Terry Engelder, Daniel Esty, Roger Fouquet, Reyer Gerlagh, Kenneth Gillingham, Kate Gordon, John Graham, Kenneth Green, Bernard Haykel, David Hults, Wumi Iledare, Terry Karl, Christopher Knittel, Wilfrid Kohl, Steven Kopits, David Kreutzer, John Laitner, Gary Lash, Henry Lee, Hoesung Lee, Michael Levi, Steve LeVine, Andrew Light, Giacomo Luciani, Gal Luft, Valerie Marcel,  Bill McKibben, Kenneth Medlock, Robin Mills, Gregory Nemet, Donald Paul, Jacques Percebois, Robert Pindyck, John Reilly, Ronald Ripple, Joseph Romm, Michael Ross, Ramteen Sioshansi, Daniel Sperling, Jerry Taylor, Mark Thurber, David Victor, Daniel J. Weiss, Eckart Woertz