Talk of The Villages Florida - View Single Post - Oh Boy! Oil At $250 Per Barrel
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Old 06-11-2009, 11:55 PM
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Default Long Time In The Making

The energy problem has been a long time in the making. Does my memory serve me that the first President who proposed energy independence was Jimmy Carter? Nothing happened on his watch or during any of the four administrations, covering almost 30 years since. Now we're blaming the current resident of the White House for not getting the energy thing under control? Whaaat?

At least on his watch, he took over two big car companies and told them in no uncertain terms that they won't be making big cars or trucks in the future. And "his" Congress finally passed a meaningful increase in the fuel economy requirements for U.S.-made cars and trucks. In a little more than 100 days, he's accomplished more to achieve energy independence than in the last 30 years, methinks.

If his efforts don't keep the price of gas low and availability high because the Chinese are using more oil and driving the price up, or because the speculators are using financial derivatives as investment vehicles and are driving the price of oil up, will we blame him for that too?