Congress Fiddles In Face Of A Looming Energy Crisis

摘要

The financial markets this summer have been focused primarily on what the media is calling the "subprime mess." We might be better off, however, if more attention was being paid to energy, and in particular to Congress' failure to come up with a rational strategy for meeting our future supply needs.rnOil is as vital to our economy as oxygen is to life. There have been clear warning signs this summer of a crisis far more severe than the price shocks of the past three years. Yet remarkably little attention is being paid to these warning signs-even within the industry, let alone by the popular press.