Energy security issues and policy implications: Topics within the scope of the study Geopolitical considerations of energy supply/delivery/use – Implications of size / development of resource base for US role in global markets and relationships with other energy producers and energy consumer nations – Changing relationships among different global players (different alliances, players, etc.) with implications for supporting our/allies’ energy interests Threats of disruption of energy supply to our allies Areas of strength in U.S. and allies’ energy resources (e.g., shale basins) / technological capabilities (e.g., shale production) that affect our strategic interests and actions Changing dangers of conflict over oil and gas resources [and other energy resources] – Global environmental issues (e.g., climate change) - implications for energy security, unrest in impacted nations – changing alliances, impacts, – Enrichment of unfriendly or unstable regimes as a result of energy dependence – with implications for military action – Energy trade issues, balance of payments/power relationships Economics and/or security of control over energy supplies within and into the U.S. – Risk/threat of curtailment regarding fuel(s), delivery systems – Price pressure (including volatility) in energy commodities affected by global markets, global demand requirements – with economic impacts/vulnerabilities in the U.S., especially for fuels for which there is little substitution in the near term. – Vulnerability of infrastructure to attack (e.g., terrorist strikes) Geopolitical considerations of energy supply/delivery/use – Implications of size / development of resource base for US role in global markets and relationships with other energy producers and energy consumer nations – Changing relationships among different global players (different alliances, players, etc.) with implications for supporting our/allies’ energy interests Threats of disruption of energy supply to our allies Areas of strength in U.S. and allies’ energy resources (e.g., shale basins) / technological capabilities (e.g., shale production) that affect our strategic interests and actions Changing dangers of conflict over oil and gas resources [and other energy resources] – Global environmental issues (e.g., climate change) - implications for energy security, unrest in impacted nations – changing alliances, impacts, – Enrichment of unfriendly or unstable regimes as a result of energy dependence – with implications for military action – Energy trade issues, balance of payments/power relationships Economics and/or security of control over energy supplies within and into the U.S. – Risk/threat of curtailment regarding fuel(s), delivery systems – Price pressure (including volatility) in energy commodities affected by global markets, global demand requirements – with economic impacts/vulnerabilities in the U.S., especially for fuels for which there is little substitution in the near term. – Vulnerability of infrastructure to attack (e.g., terrorist strikes) Assume that the Task Groups and others are working on :

Energy security issues and policy implications: Topics within the scope of the study Geopolitical considerations of energy supply/delivery/use – Implications of size / development of resource base for US role in global markets and relationships with other energy producers and energy consumer nations – Changing relationships among different global players (different alliances, players, etc.) with implications for supporting our/allies’ energy interests Threats of disruption of energy supply to our allies Areas of strength in U.S. and allies’ energy resources (e.g., shale basins) / technological capabilities (e.g., shale production) that affect our strategic interests and actions Changing dangers of conflict over oil and gas resources [and other energy resources? [nuclear, renewables]] – Global environmental issues (e.g., climate change) - implications for energy security, unrest in impacted nations – changing alliances, impacts, – Enrichment of unfriendly or unstable regimes as a result of energy dependence – with implications for military action – Energy trade issues, balance of payments/power relationships Economics and/or security of control over energy supplies within the U.S. and imported into the U.S. – Risk/threat of curtailment regarding fuel(s), delivery systems – Price pressure (including volatility) in energy commodities affected by global markets, global demand requirements – with economic impacts/vulnerabilities in the U.S., especially for fuels for which there is little substitution in the near term. – Vulnerability of infrastructure to attack (e.g., terrorist strikes) Geopolitical considerations of energy supply/delivery/use – Implications of size / development of resource base for US role in global markets and relationships with other energy producers and energy consumer nations – Changing relationships among different global players (different alliances, players, etc.) with implications for supporting our/allies’ energy interests Threats of disruption of energy supply to our allies Areas of strength in U.S. and allies’ energy resources (e.g., shale basins) / technological capabilities (e.g., shale production) that affect our strategic interests and actions Changing dangers of conflict over oil and gas resources [and other energy resources? [nuclear, renewables]] – Global environmental issues (e.g., climate change) - implications for energy security, unrest in impacted nations – changing alliances, impacts, – Enrichment of unfriendly or unstable regimes as a result of energy dependence – with implications for military action – Energy trade issues, balance of payments/power relationships Economics and/or security of control over energy supplies within the U.S. and imported into the U.S. – Risk/threat of curtailment regarding fuel(s), delivery systems – Price pressure (including volatility) in energy commodities affected by global markets, global demand requirements – with economic impacts/vulnerabilities in the U.S., especially for fuels for which there is little substitution in the near term. – Vulnerability of infrastructure to attack (e.g., terrorist strikes) Implications for relatively targeted policies relating to prudent development of natural gas and oil, in such areas as: Incentives for investment in prudent domestic infrastructure (e.g., development, production, delivery) Best practices(from environmental, safety point of view) for the industry for development of infrastructure Governmental law/regulation (federal/state environmental, safety) relating to prudent development Implications for relatively targeted policies relating to prudent development of natural gas and oil, in such areas as: Incentives for investment in prudent domestic infrastructure (e.g., development, production, delivery) Best practices(from environmental, safety point of view) for the industry for development of infrastructure Governmental law/regulation (federal/state environmental, safety) relating to prudent development Assume that the Task Groups and others are working on: Assume that the Policy Subgroup is working on: