Oil Prices and Energy Policy


July 29, 2008, 3:00 AM EDT
Peterson Institute for International Economics, Washington, DC
David McCormick (US Treasury Under Secretary for International Affairs)

Event Summary

Under Secretary of the Treasury David McCormick addressed the issue of oil prices and energy policy at the Peterson Institute for International Economics on July 29, 2008. Two crucial questions are the causes of the current rise in prices and what steps can be taken to address them. He discussed the current dynamics in the oil markets as well as the policy approaches that will be required to bring prices down in the medium to longer term.

Event Materials

Prepared Remarks: Oil Markets: Principles, Perceptions, and Prices
David McCormick

Testimony: The Dollar and the US Economy
C. Fred Bergsten