In light of today's (Sept. 26, 2006) post on the true cost of driving, consider this editorial. In my opinion, the true cost of driving cannot be calculated without taking into account the need to secure access to oil. US domestic oil discovery peaked in 1930. US domestic oil production peaked in 1970. In 1994, the US began importing more oil than we could produce. Each year since 1994, the US has had to import more oil and spend more money to secure the supply of oil. Andy Singer, a great editorial cartoonist, just came out with a new one depicting how transportation policy begets energy policy begets foreign policy.
What is your take on things?
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