A groundbreaking analysis of what the changes in American energy mean for the economy, national security, and the environment, authored by one of America's most prominent experts on energy's role in the world.

"The United States is more entangled in the global energy system than it has ever been," argues Michael Levi, "and ever-rising world demand for energy will remain at the root of transformations in American energy for years to come."

In this op-ed in the Dallas Morning News, Michael Levi argues that those who believe bullish reports on North American energy should also accept the possibility of a price crash.

According to Michael Levi, the boom in American energy production could be short-lived, "if we don't get serious about the accompanying risks and make sure that oil and gas development is done right."

"Even as the United States ramps up its oil production," writes Michael Levi, "it's critical that we continue to cut the amount of oil we use."

According to Michael Levi , "selling Teslas (TSLA) to wealthy people today may be the best way to get electric cars to everyone tomorrow, and for the United States to eventually reduce its dependence on oil, with all the national security and economic benefits that entails."

In the final Bloomberg View excerpt of his forthcoming book The Power Surge, Michael Levi explores the future of hybrid and electric vehicles.

According to Michael Levi in this serial of The Power Surge, decreasing demand "is the only real path to confronting the climate consequences of abundant oil."

In the first Bloomberg View excerpt of his forthcoming book The Power Surge, Michael Levi writes, "Oil markets are often as much about politics as economics, and predicting future political twists and turns should be done with care."

People love to talk about "red lines" for all sorts of challenges, and the Iranian nuclear program is no exception. The United States can, in principle, threaten stronger sanctions if Iran crosses certain red lines. It can threaten military action if Iran crosses others. But it's not clear that setting red lines—particularly in public, where failing to follow through on threats can be costly—is a productive course.

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Michael A. Levi examines the potential security risks of U.S. dependence on oil in this response to an article published previously in Security Studies.

Moving away from fossil fuels could be devastating for some of the world's poorest countries, says Michael A. Levi.

Michael A. Levi and Daniel P. Ahn say, "If lawmakers decide to go ahead with further deficit reduction, they would be remiss not to take a hard look at higher oil taxes as part of the deal."

Taxes on oil consumption have long been a legislative third rail, yet concerns about the national debt may soon change that political calculus. Daniel Ahn and Michael Levi demonstrate that energy taxes can reduce the national debt and improve economic performance, all while reducing U.S. oil consumption.

Michael A. Levi says, "The benefits of the oil and gas boom—jobs, wealth and, in the case of natural gas, reductions in greenhouse gas emissions—offer plenty of reasons to continue to develop these resources judiciously. But we should beware of turning this potential blessing into an unintended curse."

While California may not be getting much attention at this year's UN climate talks in Doha, "California's new cap-and-trade system is perhaps the biggest good news climate story this year, and delegates in Doha should be celebrating it," says Michael A. Levi.

Michael A. Levi examines methane leakage rates during oil and gas production, providing new estimates in response to a study published previously in the Journal of Geophysical Research—Atmospheres.

Michael A. Levi and Micah Zenko say nuclear terrorism, however unlikely, is one of the few prospects that could truly devastate the USA, and there are still steps that the U.S. can take to reduce the odds of a catastrophic attack.

Michael A. Levi analyzes Mitt Romney's energy plan, concluding that it has some reasonable ideas on supply but remains woefully incomplete.

Michael A. Levi explains why the United States should allow liquefied natural gas (LNG) exports and how to mitigate the associated risks.

Michael Levi discusses the sharp increase in U.S. natural gas production, the associated controversies, and the future of nuclear power.