ACTUALLY DOING SOMETHING ABOUT $100 OIL
By Dr. Jack Wheeler
Yesterday (11/08), the Wall Street Journal ran an article giving ten reasons Why $100 Can't Float. They were good, persuasive reasons. Yet taken together, they were not sufficiently persuasive as they ignored the political dimension of the problem.
Put in a nutshell, we have near $100 oil instead of energy independence at a fraction of the cost because Congress is an obstacle rather than a solution to the problem.
Right here in America, we have enormous energy reserves of coal, natural gas, liquid oil, and oil shale. With foreign oil now so expensive, it should be easy to produce our own energy at far less cost. And it will be easy if Congress does three things: Read more...
Yesterday (11/08), the Wall Street Journal ran an article giving ten reasons Why $100 Can't Float. They were good, persuasive reasons. Yet taken together, they were not sufficiently persuasive as they ignored the political dimension of the problem.
Put in a nutshell, we have near $100 oil instead of energy independence at a fraction of the cost because Congress is an obstacle rather than a solution to the problem.
Right here in America, we have enormous energy reserves of coal, natural gas, liquid oil, and oil shale. With foreign oil now so expensive, it should be easy to produce our own energy at far less cost. And it will be easy if Congress does three things: Read more...
posted by HeavyHanded at
9:39 PM
0 Comments:
Post a Comment
<< Home