10 August 2008

Energy Fictions

A toxic combination of $4 gasoline, voter anxiety and presidential ambition is making it impossible for this country to have the grown-up conversation it needs about energy.

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.

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