Vol. 26, No. 3 (Fall
United States Energy Security
Shortly after taking office, President George W. Bush established
the National Energy Policy Development Group (NED), headed by
Vice President Dick Cheney, to examine the "energy crisis"
the United States faces. On May 17th, the president presented
the recommendations of the NEPDG, the main theme of which is
the need to diversify the fuel sources and geographic sources
of energy. This study examines the history and outlook of fossil
fuels, and analyzes various energy strategies to enhance U.S.
energy security. For the foreseeable future oil will continue
to play a significant role in the energy mix and the Persian
Gulf will retain its strategic importance for U.S. energy security.