Columbia International Affairs Online: Working Papers

CIAO DATE: 10/2008

The New Energy Security: 2005 Global Oil and Gas Forum

January 2006

Aspen Institute

Abstract

The Program on Energy, the Environment, and the Economy has released The New Energy Security, the report of its first annual Global Oil and Gas Forum held in Aspen October 14-17, 2005. Co-chaired by James R. Schlesinger, former US Secretary of Defense and Energy, and Luis Giusti, Senior Advisor at CSIS and former CEO of Petroléos de Venezuela, experts discussed recent increases in oil and gas prices, global competition for reserves, debates about whether oil production will peak soon, growth in demand in China and India, prospects for increased production in Saudi Arabia and Russia, US reliance on LNG imports to meet gas demand growth, and the links between globalized energy markets and perceptions of national security.