Fareed Zakaria has an excellent Newsweek article on oil, The Real Story of Pricey Oil. In it he suggests that we need to get serious about reducing and stabilizing demand, and about developing new technology. He discusses the politics of oil production in a clear and straightforward fashion.
This is something to which we need to pay serious attention. The actual price of our consumption is much higher than what is evident at the gas pump.
If the president and Congress were to propose a powerful package of measures