Synthetic Fuels Policy

A review was made of various proposals to accelerate synthetic fuel development. The United States will never be able to produce conventional oil in anything like the quantities needed to substantially insulate ourselves from the world oil market which is dominated by the Organization of Petroleum Exporting Countries. For that reason, it is important that the United States move to develop alternatives to imported oil. A significant effort should be made to develop synthetic fuels and a separate organization to encourage that development would be appropriate.