Crude Oil Economics and Energy Policy

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Uploaded by on Oct 13, 2010

What would it take to achieve energy independence based on supply, demand, and elasticity? The U.S. is energy independent for natural gas, coal and electricity, but not for crude oil.

"Crude Oil Economics and Energy Policy" featuring Ed Hirs with the University of Houston and DJ Resources Inc.

In this podcast, we will take a closer look at the current crude oil economics and how it does not support a key goal of the U.S. energy policy to eliminate dependence on foreign crude. You will learn more about:

1. The current U.S. energy policy
2. Crude oil demand
3. The relationship between crude oil price and demand
4. The relationship between crude oil price and supply
5. Alternatives to crude oil

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