Host: American Enterprise Institute. A mantra from the presidential campaign—“drill, baby, drill”—reflected deep frustration with Washington’s decision to lock down tens of billions of barrels of oil under American territory in a period of $4-a-gallon gasoline. Republicans stoked the fire by advocating more off-shore drilling, and Congress recently agreed to lift the long-standing ban. In the aftermath of the presidential election, panelists at this event will take a serious look at the economics and politics of allowing more drilling in the United States and address broader issues related to the development of a sensible national energy policy.

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