War Game Exposes Grim Reality: Few Oil Crisis Options

Former U.S. government officials struggle to game out solutions in a mock oil crisis with its roots in today’s headlines.

Terrorists strike the world's largest oil production facility in Saudi Arabia, sending global oil prices skyward: What should the U.S. president do?

For three hours Wednesday, a group of former high-ranking U.S. government and military officials and business experts weighed the options should this hypothetical—yet realistic—scenario unfold. Amid moody war room lighting in a hotel ballroom in Washington, D.C., flanked by giant video screens, the cadre reached a bleak, if unsurprising, conclusion: There are few weapons, in the short term, for fighting an energy crisis.

"How did we let this happen?" asked Stephen Hadley, reprising his role as national security adviser in the George W. Bush administration. "How does the president answer the question that 'We've known we were dependent on oil

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