An editorial in the NY Times makes more sense about our current energy crunch than anything I’ve read in a while.
It includes this truth:
Here is the underlying reality: A nation that uses one-quarter of the world’s oil while possessing less than 3 percent of its reserves cannot drill its way to happiness at the pump, much less self-sufficiency. The only plausible strategy is to cut consumption while embarking on a serious program of alternative fuels and energy sources. This is a point the honest candidate should be making at every turn.
It also calls out Sen. Barack Obama for his recent softening of his position on how to deal with the energy crisis.
The latest evidence comes from Senator Barack Obama, who in less than a week has reversed his stance on tapping the Strategic Petroleum Reserve, softened his opposition to offshore drilling and unveiled an out-of-nowhere proposal to impose a windfall profits tax on the oil companies and funnel the money to consumers in the form of a $1,000 tax rebate.
It’s a short read, but it makes a lot of sense. Go check it out, and tell me what you think.
