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A talk by Brian C. Gahan, Energy Consultant; Chair of the Chicago Section of the American Institute of Chemical Engineers; former Senior Scientist and Manager of E&P Technology Development at the Gas Technology Institute. Session 4 of the conference "Petroleum: Prospects and Politics." Sponsored by the Chicago Society. Co-sponsored by the Student Government of the University of Chicago, The Graduate School of Business at the University of Chicago, The George J. Stigler Center for the Study of the Economy and the State, The Global Voices Fund at International House, The Norman Wait Harris Fund at the Center for International Studies, The College of the University of Chicago, The Office of Community Affairs at the University of Chicago, and The Irving B. Harris Graduate School of Public Policy Studies.