Editorial: Wanted: new argument

06/19/2006
The oil and gas industry needs a new argument. The old ones don’t work. Failure of the old arguments is manifest in a US Congress that seems bent on aggravating rather than solving energy problems. Worse, much of what Congress proposes now repeats historic errors. The industry should wonder why lawmakers in the world’s largest oil-consuming and third-largest producing country know so little about so important a subject and steadfastly refuse to learn. The industry also should wonder about the extent to which it is to blame for these troubles.The politics of energy has turned one of the old arguments around on itself. The argument pivoted on import dependency. It asserted that ...
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