[2][3] The foundation has a mission to end the United States' dependence on oil by removing barriers to competition in the transportation fuel market.
[4] The foundation's Board of Advisors includes former CIA Director R. James Woolsey, Jr., former New Mexico Governor Bill Richardson,[5] former president of the Rockefeller Foundation Peter Goldmark,[6] former dean of the University of Colorado's Graduate School of Public Policy Marshall Kaplan,[7] former president of Shell Oil Company John Hofmeister[8] and Co-director of the Institute for the Analysis of Global Security Gal Luft.
These monopolistic forces create a situation where oil expenditures in the U.S. top $780 billion per year, more than twenty times the amount spent on coal.
[12] Ethanol, methanol, natural gas and electric cars are seen as viable replacement fuels to compete against oil in an open market.
No one fuel is explicitly favored over the others but most people believe methanol made from natural gas holds the most promise to break oil's monopoly.