Saturday, May 22, 2010

Oil Traps and Burning Questions

Obama on oil.

As Mr. Obama put in on March 31, “Given our energy needs, in order to sustain economic growth and produce jobs, and keep our businesses competitive, we are going to need to harness traditional sources of fuel even as we ramp up production of new sources of renewable homegrown energy.”

OK, so once again, how do states intend to maintain economic growth, job production and business competition in the face of increasing oil scarcity, and the social, political, and economic upheavals that scenario holds?

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