This study assesses current Federal energy policies and programs in light of recent events and in light of what are believed to be the most reliable available projections of the future. Then it outlines additional steps - some unpleasant - that could reduce our vulnerability to an oil import disruption during the next decade. Specifically, the study seeks to answer three questions: (1) as a base case, what levels of US energy consumption, production, and imports might we anticipate for 1985 and 1990 under existing statutes, policies, and programs; (2) considering both our own and our allies'dependence on oil imports, how vulnerable does this leave the United States to foreign supply disruptions; (3) considering the likely effects of government policies and programs which already exist to reduce our vulnerability (through reduction of US oil imports or by any other means), are there additional initiatives that could be undertaken to give us greater protection - especially between now and 1990.