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What Makes This Oil Shock Different
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What Makes This Oil Shock Different

The war with Iran has sent oil prices, and then gasoline prices, sharply higher. West Texas Intermediate (WTI) crude, the main U.S. oil benchmark, rose from the mid-$60s per barrel in late February to around $100 on March 19. U.S. gasoline prices have followed suit, with the average price increasing from a pre-war level of under $3.00 per gallon to over $3.70 by mid-March.

How to Accelerate American Science
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How to Accelerate American Science

Over the holidays this winter, the White House Office of Science and Technology Policy (OSTP) solicited information on how “to accelerate the American scientific enterprise, enable groundbreaking discoveries, and ensure that scientific progress and technological innovation benefit all Americans.” Building on work to accelerate and reform the American scientific enterprise, I offered suggestions for how to effectively direct this effort to improve the function, productivity, vitality, and health of American science. It is a welcome attempt to wrest American science from the grip of malaise that characterizes the status quo. Science is viewed as slowing down, productivity decreasing, and requiring more resources, more grants, and more personnel to achieve tremendous breakthroughs.

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