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To secure their own survival to 2050 and beyond? let's get those answers from a man who is a big figure in the us oil industry, and has been working on oil politics since the energy crisis of the early 1970s. he's now president of the energy policy research foundation in washington. lucian puliarisi, a pleasure having you on the show. i know you like to go by lou. oil prices have pretty much stabilised somewhere around 85 bucks a barrel in recent months butjust under one year ago, it topped out at close to $130 per barrel, and that resulted in huge profits for the oil companies. and you know t...

From a man who is a big figure in the us oil industry, and has been working on oil politics since the energy crisis of the early 1970s. he's now president of the energy policy research foundation in washington. lucian puliarisi, a pleasure having you on the show. i know you like to go by lou. oil prices have pretty much stabilised somewhere around 85 bucks a barrel in recent months butjust under one year ago, it topped out at close to $130 per barrel, and that resulted in huge profits for the oil companies. and you know this, lou, critics will say, including your president and other world lead...

He's now president of the energy policy research foundation in washington. lucian puliarisi, a pleasure having you on the show. oil prices have pretty much stabilised somewhere around 85 bucks per barrel in recent months butjust under one year ago it topped out at close to $130 per barrel. that resulted in huge profits for the oil companies. critics will say, including your president and other world leaders, it looks like war profiteering. how does the industry defend that? there are periods when the industry makes a lot of money, but there are periods when it loses money. nobody has a meeting...

Energy crisis of the early 1970s. he is now president of energy policy retail foundation in washington. is now president of energy policy retailfoundation in washington. a pleasure having you on the show. oil prices have pretty much stabilised somewhere around 85 bucks per barrel in recent months butjust under one year ago it topped out at close to $130 per barrel. that resulted in huge profits for the oil companies. critics will say, including your president and other world leaders, it looks like war profiteering. how does the industry defend that? last ear -- does the industry defend that? l...

He is now president of energy policy retail foundation in washington. a pleasure having you on the show. oil prices have pretty much stabilised somewhere around 85 bucks per barrel in recent months butjust under one year ago it topped out at close to $130 per barrel. that resulted in huge profits for the oil companies. critics will say, including your president and other world leaders, it looks like war profiteering. how does the industry defend that? last year —— there are periods when industry makes a lot of money, there are periods when it loses money. nobody ever says, the oil industry...