Wednesday, February 01, 2006

 

Oil's Well

Oil's well that ends well. Or is it?

I was both encouraged and discouraged by Bush's comments in his State of the Union (hat tip to LGF) last night.

Encouraging: For an oil man like Bush to utter the words "U.S. must kick oil addiction" was like Osama saying "al Queda must kick terrorism addiction". I was astonished.

Discouraging: Only a 22% increase in funding for alternate energy research? Since 2001, we've spent $10 billion. We spent almost 10 times more on the war in Iraq in one year. Seems to me, we should be spending ten times that amount on tax credits to private industry for research and development in alternate energy technologies. Its one of those pay me now or pay me later (and pay dearly) - in big dollars and lives lost fighting in the middle east.

What a shame.

Comments: Post a Comment



<< Home

This page is powered by Blogger. Isn't yours?