With this new American energy renaissance, Meghan L. O'Sullivan says, "The United States needs to rethink its grand strategy; strength in the energy domain can be a major driver of U.S. influence in a world in which American power is more diffuse."

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.

CFR senior fellow Michael A. Levi discusses President Obama's energy agenda and the energy future of America with Anya Schmemann, Director, Editorial Strategy, Studies Program.

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."

In this Energy Brief, Daniel Ahn and Michael Levi model the potential consequences of substituting taxes on oil consumption for either higher nonoil taxes or reduced government spending as part of a larger deficit reduction package, and argue that oil taxes can improve economic performance while reducing oil consumption if done right.

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."

After decades of fueling hunger for oil in the United States, Europe, and China, Blake Clayton says that the Middle East itself has developed a voracious appetite for energy.

Blake Clayton says what's really behind New York's epic gasoline lines in the wake of Hurricane Sandy is the problem of getting gas and power to gas stations, with panic buying making things all the worse.

Blake Clayton argues that cyber attacks on oil and gas operations are the new face of energy insecurity, with vast potential for crippling effects on global energy prices and nations far beyond the Middle East.

Last winter, a wave of mass demonstrations suddenly broke the surface calm of Russian politics.

Blake Clayton and Greg Sharenow explain how the threat of a Strategic Petroleum Reserve release is a tantalizing tool to influence the oil market and consider whether the White House is the new Federal Reserve of oil.

In an article launching a new Forbes.com blog, "Risk and Return," Blake Clayton says that President Obama, having learned the hard way last year that a Strategic Petroleum Reserve release can't reliably lower oil prices for very long, is likely weighing the potential political costs of a release versus its possible economic benefits.

In a new article for Foreign Policy, Blake Clayton argues that it's Western politicians, not Arabian sheikhs or OPEC officials, who are roiling the oil markets today.

Blake Clayton argues for greater transparency about the U.S. Strategic Petroleum Reserve's capabilities to release oil to the market, particularly in light of profound recent changes in the North American oil landscape.

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

Republican presidential candidate Mitt Romney released this August 2012 energy white paper that details a 'goal of North American energy independence by 2020'.

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

Meghan O'Sullivan says Mexican oil reforms are critical to both the United States and Mexico, and both countries will benefit from success -- or suffer from failure.

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

Michael A. Levi examines whether a surge domestic oil and gas productions really liberates the United States from the Middle East.