Thursday, April 28, 2011
"The faculty lounge"
"What explains the weird rhetoric from Obama and his administration? First, not long ago they considered high energy prices as not that bad. Government-sponsored mass transit and alternative energy projects -- from wind and solar to the federally subsidized Chevy Volt -- pencil out only when gas gets expensive. And if you believe in man-made global warming, then the less coal, gas or oil that Americans use, the better for the planet.
Second, a president who believes that modern cars get eight miles per gallon or need frequent tune-ups, and that proper tire inflation can substitute for drilling oil, has never run a business that hinged on having moderately priced gas to power a truck, tractor or car fleet. In fact, most in the Obama administration came to Washington from either academia or prior state and federal government employment, where policy is theoretical, without grounding in real experience."
"Are Sky-High Gas Prices Good?"