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Want to Know why you Pay so Much at the Pump?

Filed under: US Elections

The always brilliant George Will will tell you. The money quote: "America says to foreign producers: We prefer not to pump our oil, so please pump more of yours, thereby lowering its value, for our benefit. Let it not be said that America has no energy policy."

We must open ANWR and our offshore resources before China and Cuba pump them dry. I mean, what's wrong with us, anyway?

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Kim Zigfeld · June 5, 2008 8:40 AM

Comments


Stephen Smith says:

While I appreciate your harsh commentary of the Russian regime, I cringe every time you fawn over conservative warmongers and faux-free marketeers like George Will and John McCain. For the solution of America's energy problems, you would do well to look at the more problems on the demand side: America does not have a free market in transportation (a huge user of energy), and severely hampers its markets for inhabitable buildings. Without the government's massive subsidization and encouragement of the road/car system (a statist plan borrowed from Hitler) through minimum density zoning laws, minimum parking lot sizes, etc., massive intervention in the mortgage market in favor of very inefficient single-family, large-acre houses, historical funding of the roads beyond what was collected in user fees (itself not an entirely market-driven system), and its subsidization of the fossil fuel industry, America might not be in this position today. I know it's a lot more prosaic than militarizing against Russia or drilling in Alaska, but it's the simple truth. As a self-described libertarian, your first line of criticism when it comes to energy ought to be America's stifling of the markets that produce and use the most energy.

Posted June 6, 2008 11:46 AM


La Russophobe says:

Actually, I think Will is the opposite of a warmonger. He's saying we need to open ANWR and offshore fields in order to take the pressure of the price of oil. If we don't and it continues to rise, inevitably there will be war over oil in the Middle East.

As for McCain, if you favor getting tough on Russia he's the only horse in that race.

Posted June 8, 2008 3:20 AM


Stephen Smith says:

"Getting tough" on Russia is playing right into its hand. Russia thrives on high oil prices, and high oil prices come when Israel threatens to bomb Iran, Venezuela gets caught in some scandal, and Iran develops nuclear weapons. And what country made all of those things happen? Russia. The only thing that Russia will understand is if the US stops artificially propping up carbon industries, and gives up its role as policeman of the world (which inevitably backfires). Goading the US into conflicts during the Cold War is how the USSR garnered so much international support, and it's how Putin is planning on raising oil and natural gas prices to support his regime. When Putin's regime falls, it will be because of the allure of free markets and limited government – not because of US posturing. The best the US can do is cut the rhetoric, stop getting involved in foreign conflicts, stop funding all foreign governments, and work on liberalizing its own highly-inefficient energy/transportation/land use sectors so that it can escape Russia's stranglehold (along with its allies Iran and Venezuela) on the world's energy supply.

...George Will isn't a warmonger (though I only recall hearing his objections to Iraq pretty late in the game), but he sure is a faux-free marketeer. Anyone who would bring up Anwar (which wouldn't start producing oil for about 10 years, if I recall correctly) without mentioning the huge anti-market forces at play driving up Americans' demands for oil is woefully ignorant of America's most distortionary policies.

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T.Z. says:

Don't be a stupid cow, a street-harlot for the Republicans, Kim:

We're deliberately picking a fight with the Russians only in that we're envious of their huge cache of oil and natural mineral wealth, and seeking a resumption of the Cold War is likely the most egregiously stupid policy we've yet concocted under this administration.

You've likely never seen combat nor lost a loved one in it, so, were I you, I'd definitely shut my trap when it comes to "...getting tough with the Russians."

Truth is, the Iraqis, Afghanis, and various Middle Eastern countries are currently heartily laughing at our military ineptitude. Don't compound our foreign policy problems by unnecessarily starting shit with Moscow: You'll likely live to regret your stupidity.

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