Monday, August 18, 2008
This short blogpost from James Pethokoukis has made the rounds in the last week or so. He's right to suggest it's a blessing when clarity comes cheap, but I disagree with the clarity we're going to get from Russia's invasion of Georgia.
I only wish Putin's invasion of Russia would give America clarity on energy. "All of the above time" is the best way I've heard to characterize America's energy situation that's short enough to fit on a bumper sticker. But for America's decision-makers, $150/bbl oil outweighs Russian adventurism by at least ten to one.