Because of America's growing dependence on imported petroleum, we believe the nation is rapidly approaching a crisis that could threaten the economy, our national security, and the very future of our country. Much of the world's oil supplies are in the hands of nations that either are not supportive of America's interests or are politically unstable. We believe it is time to explore alternatives to our high level of dependence on imported oil.

That is why we convened the Richard G. Lugar-Purdue Summit on Energy Security on Purdue's campus in West Lafayette, Indiana, to focus on prospects for other sources of liquid fuels. National leaders from government, business, academia, and various energy-related fields participated in the invitation-only event, which covered national security and economic policies, biomass and coal-based fuels, and suggested business and government strategies.

We believe the summit will have a significant impact on future discussion as the United States frames its energy policy and will set the stage for a safer, more prosperous future for America.