PLEASE NOTE:

Crude Lies 226

"America experienced long gas lines in the 1970s. Gasoline was rationed, fuel costs rising through the stratosphere. So Congress created a Department of Energy. Another bureaucracy, this time with one major goal: Reduce our dependence on foreign oil.

Sounded good, didn’t it? Wow, we’re finally going to do something about this oil thing. This trade deficit thing: oil. No more hard times. Yellow brick road forever.

Right. Who’s kidding whom? America is more dependent on foreign oil today than we were in the 1970s. So much for the Department of Energy. It’s nothing more than a big expense to taxpayers."

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