Thursday, June 12, 2008

WSJ on Energy: Right or Wrong?

Is this piece from the Wall Street Journal right on target, or hopelessly anti-environment?

$4 Gasbags

Amid $135 oil, it ought to be an easy, bipartisan victory to lift the political restrictions on energy exploration and production. Record-high fuel costs are hitting consumers and business like a huge tax increase. Yet the U.S. remains one of the only countries in the world that chooses as a matter of policy to lock up its natural resources. The Chinese think we're insane and self-destructive, while the Saudis laugh all the way to the bank.

Does it make sense to say "OK, that's it, no more oil, deal with it?" What will we do with all the cars already built? Should we go back to an agrarian life in the US? Should we risk destroying the US economy completely to avoid using our own resources? No war for oil? Why not use our own?

Via Instapundit, which everyone should be reading every day. You already are, aren't you?

1 comment:

Sheryl said...

I agree with the article, and I also agree that we're insane not to use the resources that are right under our noses. It's like going to the grocery store to buy a gallon of milk when you've got three gallons in the fridge already.

I believe that we can access what we need with minimal environmental impact & I often wonder how out-of-control this is all going to get before common sense prevails (if it ever does.)