Oil rig pumpjacks export crude oil in Long Beach, California, USA, July 31, 2013.
David McNew / Reuters

Profiting from Energy

AMERICA’S ENERGY and economic policies remain tied to Cold War concepts of national security. For nearly fifty years all of America’s vast resources were directed toward one purpose: containing the Soviet threat of global communism. But the need for a military-oriented industrial strategy fell with the Berlin Wall; long subordinated economic, energy and environmental concerns have risen to the top of the national agenda. Integrating those elements with a refocused military strategy can create a coherent American approach to national and global security for the post-Cold War world: one that is not costly but profitable,

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