Journal of Energy Security

There is nothing more vexing to Americans than paying high gasoline prices.  If US unemployment figures decline, sustained high gas prices will perhaps be the greatest threat to President Obama’s re-election campaign.  The price of gasoline gnaws away at the income stream of US families forcing them to make hard choices between the goods and services they want versus those they need.  Clearly the issue is more easily defined than resolved given its persistent emergence and re-emergence over the past four decades.  We’ve asked three noted oil analysts to dissect the gas-price problem for us and to provide probable explanations if not solutions to ending the US oil predicament.