Thursday, June 12, 2008

$4 Gasbags

Amid $135 oil, it ought to be an easy, bipartisan victory to lift the political restrictions on energy exploration and production. Record-high fuel costs are hitting consumers and business like a huge tax increase. Yet the U.S. remains one of the only countries in the world that chooses as a matter of policy to lock up its natural resources. The Chinese think we're insane and self-destructive, while the Saudis laugh all the way to the bank.

Republicans have (nearly) nominated a candidate with the same mindset as Democrats toward developing our oil reserves; i.e., let's don't.

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