energy and climate change science politics bob simon democratic staff director committee on natural resources united states senate fundamental questions in policy what about supplies efficiency markets the environment long standing directions us supply demand since mid 1950s an increasing reliance foreign sources for oil that fuels transportation sector soon gas as mature producing province 1970 peak opposition to regulation or higher taxes lower 5 10 15 20 25 30 1950 1960 1980 1990 2000 2010 2020 eia annual outlook 2001 potential production from coastal plain of anwr reserves & division consumption million barrels per day total domestic w 1970s market forces set prices