‘Do Nothing’ US Energy Policy Will No Longer Work, Analyst Says

The US has been living on an oil surplus, which has now disappeared, and a “do nothing” energy policy will no longer work, said a prominent energy analyst.

Robert Ebel, chairman of the Energy and National Security Center for Strategic and International Studies, said a 4-year congressional debate on energy policy remains unresolved but could be settled this year if higher gasoline prices act as a trigger for action.
Oil & Gas Journal