Showing posts with label peak oil. Show all posts
Showing posts with label peak oil. Show all posts

Wednesday, June 18, 2008

A Sense of Entitlement

According to this AP Article:

"The nation's anger over $4 gasoline is producing a lot of energy-related theatrics at the White House and in Congress. Republicans are demanding new drilling off the nation's beaches. Democrats want to tax away oil companies' profits."

and

"President Bush on Wednesday said families across the country are looking to Washington to help them cope with economically ravaging high gasoline costs. And he warned lawmakers that if they don't do something before the July 4th holiday "they will need to explain" to voters."


So the nation is angry about high gas prices. If, in fact, production has peaked and is now in or near the beginning of inexorable decline, where should we direct our anger? Really, who's at fault?