Editorial: Houston and oil politics

Demographic trends of the US oil and gas industry point to a political future even more difficult than the present. And the present is difficult enough.Politicians eager to score popular favor at the industry's expense don't worry about the merits of their accusations. Suspicion toward the oil and gas industry runs so deep that, at the national level, support flows automatically to any statement antagonistic toward petroleum, regardless of the facts.Political hostility toward oil has roots in history: the Standard Trust, the Arab embargo, the Exxon Valdez oil spill. It has intensified in step with environmental sensitivity. And it has congealed into a powerful bias that exaggerate...

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