The Energy Policy Research Foundation, Inc. (EPRINC) was founded in 1944 and is a not-for-profit organization that studies energy economics and policy issues with special emphasis on oil, natural gas, and petroleum product markets. It is known internationally for providing objective and technical analysis on a wide range of energy issues. EPRINC is funded by a variety of donors including foundations, the private sector, and the U.S. government. EPRINC publications on developments in U.S. and international petroleum are made available on our website: www.eprinc.org. EPRINC’s research is routinely presented at conferences and forums, including educational institutions. EPRINC has been a source of expertise for numerous government studies and its chairman and president have served on virtually every National Petroleum Council study of oil and gas issues. EPRINC routinely testifies before Congress and is now engaged on a long-term assessment of the economic and strategic implications of the North American petroleum renaissance.