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Posted: 4/11/2002 3:20:09 PM EDT
Very interesting article from NRO:

[url]http://www.nationalreview.com/robbins/robbins.asp[/url]

This makes perfect sense. However it would mean that GW would have to go to his friends at the US oil companies and threaten to reactivate the War Production Board like in WWII in order to keep them from gouging the US economy into oblivion. There is NO excuse for $2 gasoline, there is no real excuse for the prices we are paying [b]RIGHT NOW[/b], when the petroleum industry had record profits last year.
Link Posted: 4/11/2002 4:10:21 PM EDT
[#1]
The United States should seek to obtain if not total energy independence at least independence from the Middle East as part of a national strategic vision. This might include developing alternate fuels, or opening new sources of oil to production, or simply shifting imports away from the Middle East and towards more benign places like Canada (already our number-one source for foreign oil), Mexico, Norway or any other state that does not openly sanction violence against America and its allies. The shift could be facilitated quite easily by passing an act similar to the ILSA but aimed at Iraq and any other countries we determine are using oil revenues to support terrorism. Let's see how they like it when we embargo them. The major importers of Iraqi oil - which according to the Department of Energy include ExxonMobil, Chevron, Citgo, BP, Marathon, Coastal, Valero, Koch, and Premcor — could be required to find supplies elsewhere. Critics might say that the overall petroleum market would not change, that this would only amount to rearranging the deck chairs, but so what? That is like justifying buying stolen property by saying, "if I don't do it somebody else will." An e-mail is making its way around calling on consumers to act against companies that do business with terror states, either through boycott, selling stocks, writing letters, or similar grassroots action. (Note that web data on imports are sometimes conflicting — the DOE's Energy Information Administration is a good place to verify the information for yourself.)
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Link to e-mail calling on oil companies to quit buying petroleum from countries that support terrorism: [url]http://www.e-bski.org/special%20pages/oilcompanies.htm[/url]
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