. "4 Petroleum and Natural Gas." The National Academies Summit on America's Energy Future: Summary of a Meeting. Washington, DC: The National Academies Press, 2008.
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The National Academies Summit on America’s Energy Future: Summary of a Meeting
CONFRONTING THE HARD TRUTHS
The NPC’s Committee on Oil and Gas laid out five core strategies for the United States to pursue (NPC, 2007):
Moderate demand by increasing energy efficiency.
Expand and diversify the U.S. energy supply.
Strengthen global and U.S. energy security.
Reinforce capabilities to meet new challenges.
Address carbon constraints.
Each of these topics is discussed in parts III and IV of this report. Nelson’s overall conclusion at the summit was that the challenge currently facing the United States regarding oil and natural gas is unprecedented. Meeting that challenge will require global efforts on multiple fronts, long time horizons, and major additional investments. There is no single easy solution, he said. Individuals, organizations, and governments need to begin taking action now and plan for a sustained commitment.
