Steven Eule

Taken as a whole, we believe that our oil metrics do a good job of assessing the totality of oil-related supply and demand risks. We do not expect the Index to be the last word on the topic, and we’re always willing to entertain new data that fit our criteria. The Index was created to provide a framework and a tool for analysts and policymakers. How would peak oil affect U.S. energy security? What would lowered export capacity mean? We hope that we have provided a means to help answer these types of questions.

Mr. Eule concludes his response by asking two very important questions: “How would peak oil affect U.S. energy security? What would lower export capacity mean?” Both issues are vital to our collective future yet they remain largely ignored by our elected officials, government agencies and mainstream media. It is hoped that both the Chamber and the EIA will address these questions in a direct and thorough manner in subsequent publications.