Burning the Midnight Oil for Living Energy Independence
Well how the frack d’ya like me now?
I’m not going to say “toldya so”, since many who will be reading this diary said much the same during the “Drill, Baby, Drill” absurdity in 2008 … but the undersea oil volcano underlines, boldfaces and highlights in red the basic facts of the situation that we face:
- Our country produces about twice as much crude oil per person as the world average
- Our country consumes about five times as much crude oil per person as the world average
- And we have been producing oil a long time, have passed our peak of domestic oil production, and aint ever getting back to it.
And, anyway, we already tried Drill, Baby, Drill. Its played itself out already.
Obviously, the direction to go to insulate ourselves from oil price shocks and the recessions they cause is to cut our consumption. Which means, in part, Train, Baby, Train.