May 1, 2008...7:55 pm

U.S. Government Officials run Oil Crisis Simulation

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I was amazed to learn that there is an action-oriented, nonpartisan organization that aims to reduce America’s dependence on oil, addressing business and technology, politics and advocacy, and public education and media.

Securing America’s Future Energy (SAFE) has developed Oil ShockWave: College Curriculum box set, which is designed for maximum flexibility and ease of use. The set includes all of the material needed to run an oil crisis simulation in a single class session.

In the Oil ShockWave exercise referred to by Allison and Diamond, the crisis began with a terrorist attack that forced the closure of the Bosporus Strait of Turkey. Without this vital shipping lane, more than two million barrels of oil a day were cut off from the world market during peak winter demand. The situation grew worse as terrorists in the Persian Gulf began to target oil infrastructure and Western workers there. As a result of these attacks, oil prices shot up to $160 a barrel, and gasoline in the United States topped $5 a gallon.

The simulation was led by former Treasury Secretary Robert E. Rubin. Other participants included former Treasury Secretary Lawrence H. Summers, former Congressman Phil Sharp, former White House Press Secretary Joe Lockhart, former Deputy National Security Advisor Meghan O’Sullivan, former Assistant Secretary of Defense for International Security Policy Ashton Carter, and former Executive Director of the President’s Foreign Intelligence Advisory Board, Joan Dempsey. (from Homeland Security Insight & Analysis )

Oil Shockwave Multimedia

Oil ShockWave: College Curriculum is available to college and university instructors free of charge. For information on ordering, contact Securing America’s Future Energy.

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