How good are the prospects for real cooperation on oil and its impacts, as opposed to skin-deep cooperation on oil and its impacts? Can a deep strategic mistrust be overcome to engage in deep dialogue on energy? Robert Hormats and Jessica T. Matthews discussed the synergies, fault lines, and future prospects for cooperation for the two largest oil consumers. They examined multiple fronts for cooperation, including trading technology, the role of their navies in the international oil trade, domestic energy security, climate change issues, and dealing with other actors such as Afghanistan and Iran.

Jessica Tuchman Mathews

Jessica Tuchman Mathews is president of the Carnegie Endowment for International Peace. Before her appointment in 1997, her career included posts in both the executive and legislative branches of government, in management and research in the nonprofit arena, and in journalism and science policy.

Robert Hormats

Robert Hormats is vice chairman of Kissinger Associates Inc., the New York–based strategic international consulting firm that assesses and navigates emerging market geopolitical and macroeconomic risk for its clients. From September 2009 to July 2013, he served as under secretary of state for economic, energy and environmental affairs. Prior to this, Hormats was vice chairman of Goldman Sachs (International) for 25 years.