This online roundtable, the first Council project of its kind, fostered a dialogue among individuals around the country on the issues surrounding the emergence of the Caspian Sea region as a major new supplier of oil. Participants first established the facts underlying Caspian issues, and then systematically evaluated Caspian development and appropriate U.S. policies. While preserving the confidentiality of the discussion, the facts established by the group also formed the core of a website on the Caspian that will be eventually linked to the Council’s home page (www.foreignrelations.org).