USG on Oil: Doing the Wrong Thing Righter….

Obama says ‘Drill, baby, drill.' Will new oil policy ease gas prices?

President Obama used his weekly address to announce steps to promote greater domestic oil production and reduce the burden of high gas prices. Republicans say it's not enough.

Big Oil's Political Ploy

Whatever else we might say about Big Oil in the United States, we have to give the industry credit for one thing: it has mastered the art of scamming us with a perfectly straight face.

Freshmen challenge energy subsidies

Pompeo and Labrador were joined by Grover Norquist of Americans for Tax Reform and Mike Needham of Heritage Action Fund. The two organizations joined a coalition of conservative groups in March, including Americans for Prosoperity, in a letter calling for an end to energy subsidies.

 

Phi Beta Iota: US politicians have substituted ideology for intelligence (decision-support) and borrowing for thinking.  There is nothing intelligent in US energy policy, because there is no policy–just a long string of subsidies and hand-outs and tax exemptions.  The oil drilling decisions are an example of doing the wrong thing righter, instead of the right thing (Russell Ackoff).  The “policy” decisions are also hypocritical because nothing being decided today will have substantive effect in less than ten years.  Here's what an intelligent government would use to think about energy futures…and everything else, all together.