Oil Shock: Drilling for Answers on High Prices
Washington Post series shows the national media may be waking up
Last Sunday the Washington Post began a series of articles titled Oil Shock. As stated by the Post, the purpose for these stories is to examine the economic and market forces behind the recent spike in oil prices – and therefore gasoline – and therefore everything else.
Better late than never, the national media may finally be waking up to the reality that the world’s supply of oil will not last forever and may have already peaked. So far, the Post’s series has been excellent and is suggested reading for anyone. All the more timely, the series comes during a presidential campaign. Neither the energy policies outlined by Sen. John McCain, nor those of Sen. Barack Obama seem to acknowledge the long-term gravity of the problem with oil. It is a campaign and there are more people (and special interests) to avoid riling than there is room for a grand vision of the U.S. energy future.
Information such as that contained in the Post’s series will be all the more important after the election. It will be the next President and Congress that will begin to formulate the energy policies that either make or break the U.S. economic and security future. We could have been doing things 10 or 20 years ago, or at the very least continued some of what we started after the last oil shock, namely conservation. That didn’t happen and there is no more time for dithering. Waiting this long to begin to think about an economy and society not built on oil has ensured all of us some measure of economic pain and societal strain. In large part, the decisions made by the next President of the United States will determine how much.
I am going to post the Post series here at Clips & Comment mainly because I don’t want to lose the information. I hope you’ll take the time to read these articles and consider the part you can play in ensuring an energy future for the country that brings the sort of prosperity and opportunity that oil has brought us.
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Oil Shock: Drilling for Answers on High Prices Part IV of V : Clips & Comment on
Wed, 6th Aug 2008 2:30 pm
[...] posted here (and why), I continue to post the Washington Post articles from the Oil Shock [...]
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