Fix the real problem: America's energy vulnerability

A framework for responding to the Gulf Coast oil crisis from CAP's Bracken Hendricks and Tom Kenworthy and Kate Gordon.

The ongoing oil disaster in the Gulf of Mexico has taken an enormous toll on the region's economy. BP's Deepwater Horizon rig gushes as much oil every five to 10 days as the Exxon Valdez released overall—and there's no end in sight. The economies of Louisiana, Mississippi, Alabama, Texas, and Florida will be devastated for decades to come.

Some oil companies, such as...