Watching Government: Will opportunity be wasted?

The US oil and natural gas outlook's dramatic shift from scarcity to abundance potentially could increase the country's geopolitical leverage, prominent former federal officials speaking at a Washington conference agreed on Oct 16. But its current leaders will need to show they can govern before other countries' top officials consider them credible, several added as the federal government's most recent shutdown entered its final day. "The United States could go one of two ways—toward an American renaissance driven by ingenuity and economic growth, or into an American decline if we keep failing to govern," observed former US Sec. of Defense Leon Panetta. "Right now, we're fi...

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