This item was published externally in Wall Street Journal. Read it at the original outlet.
The article is in a way a brief update of that report, arguing that crude oil’s 2009 rally can be in part attributed to investor expectations of a world in which crude oil supplies will continue to be limited after an economic recovery due to above ground conflict and political limitations, and not necessarily limited crude reserves.
Read the article at wsj.com: The Crude-Oil Market’s Future Tense
Diana Furchtgott-Roth
Distinguished Fellow
Diana Furchtgott-Roth, an Oxford-educated economist, is a Distinguished Fellow at the Energy Policy Research Foundation. In President Trump’s first term, Diana served as Deputy Assistant Secretary for Research and Technology at the U.S. Department of Transportation and Acting Assistant Secretary for Economic Policy at the U.S. Department of Treasury. Diana served in the White House under President Reagan, President George H.W. Bush, and President George W. Bush. Diana is the author or coauthor of six books on economic policy and hundreds of articles. She is a frequent guest on TV and radio shows and writes regularly for the UK’s Daily Telegraph.
Dominick Blue
Distinguished Fellow
Dominick Blue is a Distinguished Fellow at the Energy Policy Research Foundation (EPRINC), where his research focuses on energy resilience, reliability, and the secure integration of emerging technologies into the power sector. His current work examines the intersection of advanced computing, infrastructure planning, and national energy security.Dominick’s research portfolio includes analysis of AI and data center electricity demand-forecasting regional load growth, reliability implications, siting dynamics, and market coordination. He also leads studies on grid modernization and energy security, assessing resilience investments, interconnection constraints, and federal–state coordination under higher load scenarios. His additional work explores the revival of the U.S. nuclear sector, financing and licensing pathways for advanced reactors, and rebuilding domestic manufacturing capacity to support the nuclear supply chain.Further research areas include gas-to-power infrastructure, pipeline and turbine capacity, and the role of gas in maintaining reliability within a diversified generation mix. Across these topics, Dominick focuses on translating complex technical findings into accessible policy insights for decision-makers at DOE, FERC, and state regulatory agencies.Before joining EPRINC, Dominick held senior leadership roles in infrastructure, technology, and risk management, including Managing Partner and Director of Client Innovation for private investment and global critical infrastructure firms, respectively. A former U.S. Marine Corps Chief Warrant Officer Two in CBRN Defense, he brings a mission-driven perspective to energy resilience and safety. He holds a Masters of Business from the University of Southern California and has completed graduate studies in Computer Science at Georgia Tech, with research interests in AI systems, resilient infrastructure, and energy transition security.
