The impulse to accede to political pressure and jobs blackmail from the Big Three for a $25 billion bailout offers America a historic turning-point opportunity. This is the country’s chance to both reform the auto industry and ignite a massive shift off of oil in one master stroke. How?
Insert something sarcastic about Pittsburgh politics here and alternative energy.
From the OMG, Oh, no you did-dn’t department, Bob Williams of Penn Energy thinks Americans are not educated enough in Economics to understand all the trials and tribulations that Oil companies endure:
In other words, the best energy policy may be none at all. The market pretty well sorts things out by itself, as has been [...]
Let me start this journal with a few statements of fact. I am not an environmentalist, nor do I particularly agree with many of the fallacies that are put forth in that movement. I shed no tear when a tree is chopped down for whatever economic growth is trendy at the time, nor do I [...]