Energy Policy:

CSIS senior adviser Caruso discusses impact of Obama administration on energy policy, prices

With senior advisers to President-elect Barack Obama already signaling that he intends to overturn some Bush administration decisions, including the expansion of oil and gas drilling on public lands, how is energy policy expected to shift over the next four years? During today's OnPoint, Guy Caruso, a senior adviser at the Center for Strategic and International Studies and a former administrator at the Energy Information Administration, discusses his expectations for the Obama administration's approach to energy policy. Caruso talks about the impact of the credit crunch on domestic and international oil projects and also gives his short- and long-term predictions for energy prices.