Editorial: Oil-import politics

07/18/2005
Condemnation of foreign oil produces better energy politics than energy policy. In the US, it has become a powerful rallying cry. National politicians from both major parties have invoked the ambition of reducing oil imports often in the push for passage of an omnibus energy bill.The promise is alluring: freedom from external influence in the vital matters of oil supply and price. It just isn’t realistic.The US will not meaningfully reduce its dependence on foreign oil anytime soon. When it does so, as it will at some unpredictable time in the future, the process will be evolutionary, compelled by economics, technology, and geology. Until then, simply retarding growth of the import ...
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