Oil is a different story because the oil markets have already globalized. Most economists would tell you that even if we produce all the oil we consume, we'll still be vulnerable to events that happen on the other side of the world. When Libya erupted in civil war two years ago, the price of oil from Canada increased by more than the price of oil from the Middle East.
What's one thing readers will take away?
The way we think about energy and the way we fight about energy is [outdated]. Whether it's the battles between what people claim are fundamentally incompatible energy paths or talk about energy independence, we're talking about how to solve 1970s problems in a world that's fundamentally different.