Faith-Based Energy Policy
Kurt Zenz House/theBulletin: Oil: To drill or not to drill:
What we're watching is the thread of a decent argument--that when oil prices are very high, the United States should expand oil exploration and extraction--get hijacked and oversold by liars and fools who cannot perform basic arithmetic. [ . . ] So what should we do? I think that we should "Drill here, drill now." But not because doing so will lower gasoline prices or have a meaningful effect on geopolitics. These arguments are so absurd that they deserve the moniker, "Faith-Based Energy Policy." Rather, I think we should expand domestic oil exploration and extraction for two reasons: First, some good will come from modestly decreasing our oil-import tab; second, it will conclusively demonstrate that the claims made by drilling acolytes are profoundly oversold.No comment required.
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