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Check back here often to keep up on the latest news and events.
Video coverage of the Oil Shockwave event by both CNN (Windows Media, 10.4MB) and Fox News (Windows Media, 7.7MB) are now available!
June 22, 2007
Press release
Business, National Security Leaders Praise
Historic Senate Vote on Fuel Economy
Energy Security Leadership Council backs strengthened and reformed CAFE, Cautions lawmakers that provisions to increase oil supply must follow Read More
June 13, 2007
Press release
Energy Security Leadership Council to Hold Energy Security
Briefing as Senate Considers Energy Security Legislation
The U.S. Senate this week is considering landmark energy security legislation and the Energy Security Leadership Council (ESLC), a project of Securing America's Future Energy (SAFE) will conduct a briefing on global energy security as it affects the United States. The briefing is designed to educate members of Congress regarding the profound dangers created by the nation's excessive dependence on oil. Read More
June 11, 2007
Press release
Energy Security Leadership Council Launches Ads
As Senate Considers Energy Security Legislation
Part of comprehensive campaign to address dangers of oil dependence Read More
May 14, 2007
Press release
White House Announcement on Energy Security Advances Effort to Reduce Oil Dependence
Agency Actions Initiated, Call Issued for Supporting Legislation Read More
May 8, 2007
Press release
Senate Commerce Committee Approves Historic Fuel Economy Legislation for Cars, SUVs, Trucks
Bill would reduce oil dependence, enhance energy security Read More
May 4, 2007
Press release
Business, National Security Leaders Back Inouye-Stevens Fuel Economy Bill
Chairman's Mark Includes Historic Fuel Economy Improvements Read More
May 3, 2007
Press release
New Study Finds Oil Security Measures Will Bring Large Benefits to Consumers and Economy
Analysis Shows Fuel Economy Increases and other Oil Security Measures Would Boost Household Income and Create 1.2 million New Jobs Read More
May 3, 2007
Press release
Senate Energy Committee Adopts Key Measures Supported by Senators Dorgan and Craig and the Energy Security Leadership Council
The Energy Security Leadership Council (ESLC), a project of Securing America's Future Energy (SAFE), congratulated the Senate Energy Committee on its adoption of key elements of legislation cosponsored by Senators Byron Dorgan and Larry Craig who are members of the Committee. Read More
March 14, 2007
Press release
Senators Dorgan and Craig Introduce SAFE Energy Act Based on Energy Security Leadership Council Recommendations
Bipartisan Bill Proposes Comprehensive Plan to Reduce Oil Dependence Read More
January 24, 2007
The New York Times
Bush Seeks Vast, Mandatory Increase in Alternative Fuels and Greater Vehicle Efficiency
Vowing to reduce the nation's thirst for foreign oil, President Bush called on Tuesday for a huge
government-mandated increase in renewable fuels—mainly ethanol—and tougher mileage standards for cars and light trucks. Read More
January 23, 2007
Press release
Top CEOs, National Security Experts Respond to White House Announcements on Energy Policy
In response to a series of major announcements on energy policy today from the White House, Frederick W. Smith, Chairman, President, and CEO of FedEx Corp., and General P.X. Kelley (Ret.), 28th Commandant of the Marine Corps, issued the following joint statement on behalf of the Energy Security Leadership Council, of which they serve as co-Chairs. Read More
December 19, 2006
The Wall Street Journal
As Threats to Oil Supply Grow, A General Says U.S. Isn't Ready
Gen. Charles F. Wald has been projecting American power all his career. As a young air controller, he flew target-scouting missions over Vietnam. More recently, he led bombing runs in the Balkans and commanded the air war in Afghanistan. Read More
December 13, 2006
The Wall Street Journal
Petroleum Users Seek Major Shift In Energy Policy
Executives of shippers, chemical companies and other big users of petroleum products want the new Democratic-controlled Congress to overhaul energy policy by tightening fuel-efficiency standards and opening new offshore areas for oil and gas drilling. Read More
December 13, 2006
The New York Times
Executives Urge Action to Cut Dependence on Foreign Oil
More than a dozen prominent business executives and retired military officers, including the chairman of FedEx and a former commandant of the Marine Corps, are lobbying Congress and the White House to undertake a comprehensive campaign to reduce reliance on imported oil. Read More
December 13, 2006
Financial Times
Bush urged to break US oil dependence
The Bush administration should act decisively to break America's dependence on oil, said a group of leading US business executives and senior military officers in a report presented on Wednesday to the White House and Congress. Read More
December 13, 2006
Press Release
Top CEOs and Military Experts Unveil National Strategy to Address Dangers of U.S. Oil Dependence
Group Launches Aggressive Push for Government Action Read More
August 11, 2006
Op-Ed in The Washington Post
Are We Ready for the Next Oil Shock?
Could a mere 4 percent shortfall in daily oil supply propel the price of a barrel to more than $120 in a matter of days? That's what some oil market experts are saying, and if they're correct, we face the very real possibility of an oil shock wave that could send our economy reeling. Such a rapid rise in fuel costs would have profound effects that could severely threaten the foundation of America's economic prosperity. Read More
August 2, 2006
Dow Jones Newswire
CEOs, Military Leaders To Push For New Energy Policies
WASHINGTON (Dow Jones) -- Concerned about high energy costs and energy security, top executives at airline, chemical, food and shipping companies are joining retired military leaders in a push for new energy policy. Read More
May 22, 2006
Newsweek
Let's Not Play The Oil Game
No doubt it's a sign of the times. Today's war games have more to do with the falling supplies and rising price of oil than with tanks and armored personnel carriers rolling across borders. Consider just such an exercise, conducted several months ago at the World Economic Forum in Davos. Read More
March 17, 2006
CNN to Air Special on Oil Dependence
Business Leaders and U.S. This weekend, CNN will air a special that highlights the consequences of America's dependence on oil and potential ways to reduce this dependence. Read More
February 17, 2006
Press Release
Business Leaders and U.S. Senators To Hold Discussions on Oil Dependence
As the nation continues to cope with the effects of high oil prices, CEOs and other executives from some of the country's most prominent businesses will meet with a group of U.S. Senators and military leaders in Washington later this month for a discussion on oil dependence. Read More
January 30, 2006
The Wall Street Journal
Oil-Price Shock Tops List Of Global Economic Risks Amid Supply, Geopolitical Worries
DAVOS, Switzerland -- The good news about oil is that even if terrorists were to blow up key infrastructure around the world, there probably would be enough reserves to make up the shortfall for as long as a year. At least that was the conclusion from a crisis simulation held here at this year's World Economic Forum. Read More
January 27, 2006
Press Release
Oil Crisis Simulation at World Economic Forum Produces Recommendations from Leading CEOs
A group of leading business executives and senior government decision makers who participated in a crisis simulation held at the World Economic Forum (the Forum) have made a series of consensus recommendations for responding to the sudden and significant oil price increase that could result from terrorist attacks against energy infrastructure and subsequent instability in several oil producing countries. Read More
January 24, 2006
Press Release
SAFE and World Economic Forum to
Conduct Oil Crisis Simulation Exercise
Securing America's Future Energy (SAFE) and the World Economic Forum (the Forum) today announced that the organizations will conduct a simulation exercise with senior government decision makers and business leaders to define and address the global challenge of oil security. Read More
January 21, 2006
The Wall Street Journal
Bracing for Crisis at Davos Forum
Every year, more than 2,000 businesspeople, politicians, celebrities and
journalists from around the world gather in the Swiss ski resort of Davos to
network. The World Economic Forum -- which charges chief executives $23,000
for an annual membership plus $18,000 a pop for tickets to the conference --
picks a theme for them to talk about. Read More
October 25, 2005
Reno Gazette
Report Time to support a comprehensive energy policy?
Tis the season for scary stories: ghosts, goblins and bird flu Bird flu could kill 150 million people, screamed BBC news last Thursday. The BBC quoted a UN official, Dr. David Nabarro, who is tasked with coordinating responses to the threat, and who elaborated... Read More
September 6, 2005
Press Release
Report Highlights U.S. Vulnerability to Oil Shocks
Amid high global oil and U.S. gasoline prices, a report released today by Securing America's Future Energy (SAFE) and the National Commission on Energy Policy (NCEP) demonstrates that the United States is vulnerable to much more severe oil shocks should even relatively small amounts of oil be withdrawn from the global market due to terrorism, political unrest or additional natural disasters. Read More
August 27, 2005
EV World
Unprepared for the Oil Shockwave
It all begins with a revolution in Nigeria. Six-hundred to seven-hundred thousand barrels of sweet, light crude are taken off the market virtually overnight. Read More
August 12, 2005
The Atlanta Journal-Constitution
Why is shock waved off?
A number of energy experts predict that the world's readily available sources of oil and other fossil fuels could be dangerously depleted in the course of our lifetimes. But even if we're not running on empty, far less catastrophic energy-related events could send the U.S. economy into a tailspin from which it would be extremely difficult to recover. Read More
August 4, 2005
Financial Times
Simulation shows US held over a barrel
Terrorists yesterday struck oil facilities in the US and Saudi Arabia, pushing oil prices to a record $120 a barrel and doubling to $5,214 the expected annual petrol bill for the average US household. Economists warned of the imminent collapse of the US's economic recovery and a loss of more than 2m jobs, the largest drop since 1945. Read More
June 27, 2005
USA Today
'War game' shows how fuel prices could soar
The script read like something out of The West Wing; the cast of characters included familiar faces who have worked in the real one. The plot, involving a series of terrorist attacks and civil disturbances around the world choking off oil supplies, was unnervingly close to reality. Read More
June 24, 2005
Knight Ridder
Simulated oil meltdown shows U.S. economy's vulnerability
Former CIA Director Robert Gates sighs deeply as he pores over reports of growing unrest in Nigeria. Many Americans can't find the African nation on a map, but Gates knows that it's America's fifth-largest oil supplier and one that provides the light, sweet crude that U.S. refiners prefer. Read More
Greenwire
Former U.S. officials sound alarm over dependence
Yesterday's $60 oil is only a hint of what could happen soon if plausible supply disruptions and terrorist attack scenarios hit the tight world petroleum market. Think oil spiking to over $150, gas hitting more than $5 per gallon, a job market in freefall and inflation heading in the other direction. Read More
Washington Post
Outcome Grim at Oil War Game
The United States would be all but powerless to protect the American economy in the face of a catastrophic disruption of oil markets, high-level participants in a war game concluded yesterday. Read More
Fox News
Simulated Oil Crisis Raises Eyebrows
Congress poised to finally turn out an energy bill, a group of former officials from both parties and the intelligence community gathered in Washington Thursday to demonstrate how the world is flirting with disaster on energy. Read More
June 22, 2005
Press Release
Lugar and Lieberman to be Honorary Co-Chairs for Global Oil Supply Disruption Simulation Exercise
'Oil Shockwave"
WASHINGTON, DC--Senators Richard Lugar (R-IN), Chairman of the Senate Foreign Relations Committee, and Joe Lieberman (D-CT), Ranking Member of the Homeland Security and Governmental Affairs Committee, announced today that they will serve as honorary co-chairmen of a gathering this week of top former national security officials to assess the possible causes and impacts of major disruptions to the world's oil supply. Read More
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"America's dependence on oil makes vulnerable the country's economic and military security and our nation must finally address this fundamental risk. As co-Chair of the Energy Security Leadership Council, I am completely committed to actively working with this diverse group of fellow business leaders to make the case for an aggressive, comprehensive policy to improve energy security."
Frederick W. Smith, Chairman, President and CEO, FedEx Corp. (co-Chair) |
