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Bernard L. Weinstein, National Journal
Every president since Jimmy Carter, whether a Democrat or a Republican, has chanted the mantra of "weaning America off imported oil" as the basis of a national energy strategy. In fact, we've not had a comprehensive energy policy since the Carter years, and the laws passed in the late 1970s were based on the premise of shortages of fossil fuels and did little or nothing to increase production. Thanks to the shale gas and shale oil revolution, today we live in a world of fossil fuel abundance. Were the United States to expedite permitting in the Gulf of Mexico and open up the outer continental shelf (OCS) for exploration and production, domestic energy supplies would be even greater and we could literally approach energy independence, with all the attendant jobs and economic security that would entail. Read More
Bernard L. Weinstein is Associate Director of the Maguire Energy Institute and an Adjunct Professor of Business Economics in the Cox School of Business at Southern Methodist University. He has taught at Rensselaer Polytechnic Institute, the State University of New York, the University of Texas at Dallas, and the University of North Texas. He has authored or co-authored numerous books, monographs, and articles on the subjects of economic development, energy security, public policy, and taxation. His work has appeared in professional journals as well as the popular press. He earned an A.B. degree from Dartmouth College and an M.A. and a Ph.D. in economics from Columbia University.Full Bio
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