Prolonged economic downturn is forcing policy makers and professors to examine how to improve economic development. State and regional governments are therefore moving from public sector-led strategies to private sector-led strategies to enact substantial business-friendly policy reforms. This view of growing economic development sparks interest among public policy, public administration, urban planning, and other academic programs to teach about how America goes about implementing economic development strategies at the state and local level. The Energy Economy is a public policy and current affairs focused economics book targeted toward a public policy and current affairs audience. It offers practical and topical discussions about the most important economic issue of current times: energy.